If the amount of over-applied or under-applied overhead is material, it must be allocated to all but which of the following :

a. Work in Process inventory.
b. Finished Goods inventory.
c. Raw material inventory.
d. Cost of Goods Sold.


c

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Stocks whose earnings have increased at an above-average level over time are called:

A. cyclical stocks. B. growth stocks. C. income stocks. D. speculative stocks. E. defensive stocks.

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Identify the right of employees that is covered under the Taft-Hartley Act.

A. the right to physically block nonstriking employees from entering the workplace B. the right to nominate candidates for union office C. the right to choose whether they join a union or other group D. the right to participate in union meetings and secret-ballot elections E. the right to examine unions' financial records

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Biodiversity in a particular ecosystem

A. includes the variability of the individual genes. B. impacts the function of the ecosystem in which the species live. C. is the total number of species in that ecosystem. D. All of the choices are correct.

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On December 31, 2009, Kallman Corporation had 160,000 shares of common stock issued and outstanding. On April 1, 2010, an additional 40,000 shares of common stock were issued for cash. During 2010, Kallman declared and paid dividends of $150,000 on its 20,000 shares of nonconvertible preferred stock. Net income for 2010 amounted to $400,000 . Kallman's earnings per share of common stock (rounded

to the nearest cent) for 2010 are a. $1.25. b. $1.32. c. $2.00. d. $2.11.

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