The______is an act that repealed a depression-era law known as Glass-Steagall
a. Fair Credit Reporting Act b. Health Insurance Portability and Accountability Act
c. Gramm-Leach-Bliley Act d. Electronic Communications Privacy Act
c
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The expressions total manufacturing costs and total cost of goods manufactured are not synonymous
Indicate whether the statement is true or false
The debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows: April 1, work in process: Materials cost, 3,000 units $ 7,200 Conversion costs, 3,000 units, 40% completed 6,000 Materials added during April, 10,000 units 25,000 Conversion costs during April 30,800 Goods finished during April, 12,000 units --- April 30 work in process, 1,000
units, 40% completed --- All direct materials are placed in process at the beginning of the process and the first-in, first-out method is used to cost inventories. The conversion cost per equivalent unit for April is: A) $2.48 B) $2.75 C) $2.50 D) $5.25
The contribution-margin approach to marketing cost analysis
A. is especially useful for estimating the long-run profit of a proposed strategy. B. is especially useful for determining if there should be more controls on fixed costs. C. allocates variable costs that are hard to measure to overhead. D. considers only those costs that are directly related to particular alternatives. E. All these answers are correct.
Limited liability companies are created by federal law.
Answer the following statement true (T) or false (F)