Most of the major antitrust statutes provide for both civil and criminal penalties

Indicate whether the statement is true or false

FALSE

Business

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The following information is available from the Terry Company:

Actual total factory overhead cost incurred$25,000 Actual fixed overhead cost incurred$10,400 Budgeted fixed overhead expenses$11,000 Actual direct labor hours (DLH) worked 4,400 Standard DLHs for this period's production (output) 4,000 Standard variable overhead rate per DLH$3.00 Standard fixed overhead rate per DLH$2.50 What is the total overhead spending variance for Terry Company for the period, to the nearest whole dollar?

Business

A buyer sued a real estate salesperson for fraud in a real estate transaction and received a judgement in the amount of $15,000. The salesperson owns a cabin in Georgia valued at $10,000, free and clear. For the buyer to file a claim against the Real Estate Education, Research, and Recovery Fund he must:

A. Inform the Real Estate Commission about the property the sales person owns so the Commission may take legal action. B. File a lien on the property in the amount of $10,000. C. Present the judgement to the Real Estate Commission for $ 15,000. D Have a property levied upon,and file a claim against the Real estate Education, research, and Recovery Fund for the balance remaining to satisfy the judgement.

Business