A Two-For-One Stock Split Doubles the Number of Shares and Their

question 90

True/False

A two-for-one stock split doubles the number of shares and their price.

---

Definitions:

Physical Units Method

A cost allocation method used to distribute costs among different units of output, typically applied in industries with uniform products.

Weighted Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all items available for sale.

By-products

By-products are secondary products derived from the manufacturing process or chemical reaction, which may have less value than the primary product but can still be profitable.

Joint Costs

are costs incurred in the production process that benefit multiple, often separable, products or project components.