According to Porter's five forces model, a company is profitable if all the five forces arestrong
Indicate whether the statement is true or false
FALSE
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Q-dot Manufacturing uses a predetermined overhead allocation rate based on direct labor hours
It has provided the following information for the year: Manufacturing overhead costs allocated to production $189,000 Actual direct materials cost $540,000 Actual direct labor cost $2,450,000 Actual direct labor hours 9,400 direct labor hours Estimated machine hours 180,000 machine hours Based on the above information, calculate Q-dot's predetermined overhead allocation rate. (Round your answer to two decimal places.) A) $1.05 per machine hour B) 7.71% of direct labor cost C) 35.00% of direct materials cost D) $20.11 per direct labor hour
New, emerging musical artists are now more receptive about using their songs in advertisements because they believe that using the songs will capture the kind of attention that will lead radio disc jockeys to play the song on the air
Indicate whether the statement is true or false