If 10,000 units which were 50% completed are in process at November 1, 90,000 units were completed during November, and 20,000 were 20% completed at November 30, the number of equivalent units of production for November was 90,000. (Assume no loss of units in production and that inventories are costed by the first-in, first-out method.)

Indicate whether the statement is true or false


False

Business

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Please complete the following sentences:

a. Accumulated amortization is used with ______________________________________. b. Accumulated depreciation is used with ______________________________________.

Business

Which of the following is NOT a reason why capacity decisions are considered strategic?

a. Capacity decisions affect an organization’s ability to meet future demand. b. Capacity decisions have an impact on operating costs. c. Capacity decisions can require a major capital investment. d. Capacity decisions are heavily regulated by the government.

Business

A trust that a grantor executes orally in contemplation of immediate death is a testamentary trust

Indicate whether the statement is true or false

Business

LancĂ´me is a manufacturer of fine perfumes. It offers to share the costs (up to 5 percent of the amount of products purchased by the retailer) of advertising with any retailer that carries its line of fragrances. This is an illustration of:

A. specialty promotion B. cooperative advertising C. comparative advertising D. shared advertising E. advertising advocacy

Business