Under the revised ABC system, overhead costs per unit for the Sweatshirts will be ________.
A) 1.39 per unit
B) 1.60 per unit
C) 2.19 per unit
D) 2.47 per unit
Question 2
Any accounting period of twelve months' duration is usually referred to as a fiscal year.
a. True
b. False
Indicate whether the statement is true or false