The conversion factor on a deliverable bond is 1.03 and the bond price is 100.50. The observed futures price is 97.5 and the YTM is 5.8%. What is invoice less market price on the security?

During the year, a company incurred $498,000 of manufacturing overhead costs and allocated $510,000 of manufacturing overhead costs

At the year-end, the adjustment entry needed to adjust the Manufacturing Overhead account balance to zero will include a debit to Cost of Goods Sold. Indicate whether the statement is true or false

Radio advertising offers the advantage of having definable target markets based on the radio station's format

Indicate whether the statement is true or false