Inventoriable cost is a synonym of period cost
Indicate whether the statement is true or false
F
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Daren voluntarily left his employer and joined a new firm. A clause in his employment agreement with his previous employer stated that Daren would not be allowed to partner with the key clients or customers of his previous employer for a period of 2 years. This clause is an example of a:
A. noncompete clause. B. payback clause. C. nonsolicitation clause. D. nondisclosure clause.
The (current) ultimate in terms of integrating data from a wide variety of sources that enables the organization to make better and faster production decisions is ______________________________ planning.
Fill in the blank(s) with the appropriate word(s).
Zotta Enterprises uses standard costing and applies manufacturing overhead cost to products on the basis of standard direct labor-hours (DLHs). Budgeted and actual data relating to manufacturing overhead for last year appear below: Actual fixed manufacturing overhead cost$38,900 Denominator activity 20,000DLHs Standard hours allowed for one unit 1.2DLHs Units produced 17,000units Fixed overhead budget variance$1,300Unfavorable ?The volume variance was:
A. $5,640 U B. $752 U C. $5,640 F D. $752 F
Tenants in common are free to pass their interest in real property to their heirs.
a. true b. false