Standards are the basis for evaluating actual performance
Indicate whether the statement is true or false
T
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Organizational opportunities in a SWOT analysis are
A. environmental factors that the organization may exploit for a competitive advantage. B. weaknesses within the organizational hierarchy. C. MBO skills and opportunities that should be emphasized. D. skills and capabilities that give an industry advantages in executing its strategies. E. problems that a specific industry needs to correct.
Discuss the new OSHA regulation on drug testing that made it illegal to do blanket post-accident drug and alcohol testing.
What will be an ideal response?
Shoe Sunshine, Inc filed for bankruptcy protection under Chapter 11 and submitted a plan of reorganization within 120 days after filing for relief. Two of the classes of creditors voted against the plan. However, the bankruptcy judge considered the plan to be reasonable, achievable, and fair, and approved it in spite of these creditors' objections. This action by the judge is called a "cramdown."
a. True b. False Indicate whether the statement is true or false
The management of Michaeli Corporation would like to investigate the possibility of basing its predetermined overhead rate on activity at capacity rather than on the estimated amount of activity for the year. The company's controller has provided an example to illustrate how this new system would work.?Estimated activity for the upcoming year43,000machine-hours?Capacity50,000machine-hours?Actual activity for the year45,400machine-hours?Manufacturing overhead (all fixed)$989,000per yearRequired:Determine the cost of unused capacity for the year if the predetermined overhead rate is based on activity at capacity.
What will be an ideal response?