If a company has ending Work In Process Inventory it must use the 5-step process costing procedure to determine the cost of making one unit

Freemen Company's western territory's forecasted income statement for the upcoming year is as follows

Sales revenue $800,000 Variable costs 500,000 Contribution margin $300,000 Fixed costs 496,000 Operating income (loss) $(196,000 ) Freemen Company's management is considering dropping the western territory. This move would be financially advantageous only if the company could eliminate $196,000 of fixed cost. Indicate whether the statement is true or false

In Equity theory, inputs are the employee’s contribution to the workplace. Inputs include