During the month of May, Masters Company transferred 140,000 gadgets to Finished Goods Inventory. There was no beginning work-in-process inventory
The company had 40,000 gadgets in process at May 31 and the gadgets were 50 percent complete with respect to conversion costs. All direct materials are added at the end of the production process. The equivalent units for materials for May are ________.
A) 90,000
B) 140,000
C) 160,000
D) 180,000
B
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One of the calendar effect market anomalies indicates that ________ in value during January
A) large cap stocks tend to decline B) equities in general tend to decline C) small cap stocks tend to increase D) equities in general tend to increase
Sneaky opened a new dress shop catering to college aged students. Sneaky advertised for sales associates but would only hire applicants who had been trained in computer skills in high school. Sally, age 50, was denied employment on the basis that although she was highly skilled in computer usage, she obtained her training after high school. Computer training was not available in Sally's high
school nor was it typically available in high schools during that time period. Sally sued for age discrimination. Sneaky denied liability pointing out that his advertisement only referred to computer training. It in no way referenced an age requirement. Sneaky claimed that the fact that all his associates were younger was simply a coincidence. Which of the following is true regarding Sally's claim? a. Sneaky should win because he was entitled to require high-school based computer training. b. Sneaky should win unless Sally can obtain evidence that Sneaky intentionally used the requirement to discriminate based upon age. c. Sally should win under a disparate treatment theory if she can show that the requirement systematically excludes individuals protected by the Age Discrimination in Employment Act. d. Sally should win under a disparate impact theory if she can show that the requirement systematically excludes individuals protected by the Age Discrimination in Employment Act.