In a standard cost system, the manufacturing overhead allocated to production equals the standard overhead allocation rate multiplied by the standard quantity of the allocation base allowed for expected output
Indicate whether the statement is true or false
FALSE .In a standard cost system, the manufacturing overhead allocated to production equals standard overhead allocation rate x standard quantity of the allocation base allowed for actual output.
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Decentralization reduces the need for effective communication among an organization's departments
Indicate whether the statement is true or false
A retailer does generally not stock a broad selection of brands in which form of distribution?
a. exclusive distribution b. intensive distribution c. selective distribution d. operational distribution
Material ________ planning is a software system used to determine the assembly and purchase requirements for a product’s manufacturing schedule.
What will be an ideal response?
______ focus(es) on short-term objectives while ______ focus(es) on long-term objectives.
a. Training; skills b. Skills; training c. Training; development d. Development; training