The engineers have to be informed that ________ are the people who direct the activities of others in an organization.

At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied

Other details include: Beginning WIP direct materials $32,000 Beginning WIP conversion costs $20,250 Costs of materials added $384,100 Costs of conversion added $271,125 WIP beginning (50% for conversion) 19,200 units Units started 119,500 units Units completed and transferred out 115,700 units WIP ending (60% for conversion) 23,000 units What is the cost per equivalent unit for conversion costs? A) $2.32 B) $2.09 C) $2.25 D) $2.10

Management's risk assessment process should be performed only by senior-level management

a. True b. False Indicate whether the statement is true or false