Under the Fair Labor Standards Act, nonexempt employees are eligible for overtime pay.

Answer the following statement true (T) or false (F)


True

Employees who are not covered by the Fair Labor Standards Act, exempt employees, are not eligible for overtime pay. Executive, professional, administrative, outside sales, and certain "computer" occupations are exempt from FLSA coverage.

Business

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Sivret Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:Total machine-hours80,000Total fixed manufacturing overhead cost$624,000Variable manufacturing overhead per machine-hour$3.10Recently, Job M598 was completed with the following characteristics:Number of units in the job60Total machine-hours300Direct materials$645Direct labor cost$9,000The amount of overhead applied to Job M598 is closest to: (Round your intermediate calculations to 2 decimal places.)

A. $930 B. $2,340 C. $3,270 D. $4,200

Business

Providing high-quality service is difficult for a retailer because

A. competitors often easily duplicate the services. B. all employees are not involved in activities that increase customer value. C. the quality of service can vary dramatically across stores. D. services availed by customers are generally tangible. E. most employees show a similar performance level.

Business

Describe one primary advantage of polling as a network control method

Business

For most real-world applications, an unbalanced transportation model is a more likely occurrence than a balanced transportation model

Indicate whether this statement is true or false.

Business