Discuss actual costing, normal costing, and standard costing
Actual costing, normal costing, or standard costing may be used in either a job-order costing or process costing system. Actual costing assigns the actual cost of all direct material, direct labor, and overhead to the units produced. Normal costing uses actual direct material and direct labor cost and a predetermined overhead application rate to cost products. Standard costing establishes "norms" for direct material and direct labor quantities and/or costs and uses a predetermined (standard) overhead rate for the application of overhead to determine product cost.
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Explain the differences among preexperimental, true experimental, quasi-experimental, and statistical designs
What will be an ideal response?
Wanda's doctor put her on a new medication because he gets a kickback from the pharmaceutical company for every prescription he writes, in spite of the fact that it isn't the best medication for Wanda. Her doctor violated his ________ ethics.
A. environmental B. occupational C. individual D. governmental E. organizational
The profits of partnerships are taxed:
a. the same as corporations b. to each partner personally as agreed upon or shared equally c. both at the partnership level and to each partner individually d. not at all, since they are exempt e. none of the other choices
When a consumer is rejected for credit, the Equal Credit Opportunity Act requires the creditor to give the consumer a list of at least three other creditors
a. True b. False Indicate whether the statement is true or false