does the data support the claim that Ysort increases the likelihood of having a bo

True or False

false companis 3) Raw materials inventory should not include indirect materials. 4) The main difference between the cost of goods sold of a manufacturer and a merchandiser is that the merchandiser includes cost of goods manufactured rather than 5) Period costs are incurred by purchasing merchandise or manufacturing finished goods. 6) Information for the Deuce Manufacturing Company follows. Compute the cost of goods cost of goods purchased. manufactured for this company. Beginning raw materials inventory Beginning work in process, inventory Ending raw materials inventory Ending work in process, inventory Direct labor Total factory overhead Raw material purchases $53,200 78,400 58,100 98,000 149,800 105,000 210,000 7) For each of the characteristics below, identify whether it is a focus of financial accounting or managerial accounting. Use the letter F to identify financial accounting and M to identify managerial accounting. 1. Users are generally investors, creditors, analysts, and regulators. 2. Used to assist managers in making planning and control decisions. 3. Information is structured and controlled by GAAP 4. Information is available quickly without the need to wait for an audit