Which of the following statements is true?
a. If production exceeds sales, the amount of fixed factory overhead written off using the variable will be less than the amount written off using the absorption method.
b. Variable costing treats fixed factory overhead as a product cost.
c. All of the above statements are true.
d. If finished goods inventory increases during the period, the absorption method will show a higher net income than the variable net income.
d
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Geert Hofstede makes a distinction between two kinds of stereotypes. What perception is about members of the other group?
a. Heterostereotypes b. Individual stereotypes c. Cultural stereotypes d. Autostereotypes
The Equal Pay Act prohibits pay differential based on merit
Indicate whether the statement is true or false
Occidental Produce, Inc has 49,000 shares of common stock outstanding and 6,000 shares of preferred stock outstanding
The common stock is $0.08 par value; the preferred stock is 4% noncumulative with a $100.00 par value. On October 15, 2017, the company declares a total dividend payment of $56,000. How much dividend will be paid to the preferred stockholders? A) $56,000 B) $48,000 C) $24,000 D) $3,920
The demand for business products derives from the demand for final consumer products.
Answer the following statement true (T) or false (F)