A special order of goods or services should be accepted when the incremental revenue exceeds the normal revenue.
Answer the following statement true (T) or false (F)
False
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The sales forecasting method of ________ builds sets of equations that describe a system and statistically derives the different parameters that make up the equations statistically
A) time-series analysis B) statistical demand analysis C) econometric analysis D) cost effectiveness analysis E) exponential smoothing
National Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of International Corporation, at face value, on June 30, 2018. The bonds pay interest on June 30 and December 31. At the date of purchase, National intended to hold the bonds to maturity and has the ability to hold the bonds to maturity. The bonds are disposed of on June 30, 2023, the maturity date.
Prepare the journal entry for (omit the explanation) June 30, 2023 (assume that the last interest payment has already been recorded).
Steuben Company produces dog houses. During the current year, Steuben Company incurred the following costs: Rent on manufacturing facility$250,000 Office manager's salary 150,000 Wages of factory machine operators 110,000 Depreciation on manufacturing equipment 50,000 Insurance and taxes on selling and administrative offices 30,000 Direct materials purchased and used 170,000 Based on the above information, the amount of period costs shown on Steuben's income statement is:
A. $30,000 B. $150,000 C. $180,000 D. $430,000
Well-prepared candidates have rehearsed success stories that they can use to sell their strengths during an interview
Indicate whether the statement is true or false