When one company owns more than 50% of another company's voting stock and has control over the investee company, the investee is called the ________.
Fill in the blank(s) with the appropriate word(s).
subsidiary
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[The following information applies to the questions displayed below.] Malone Company sells two products Big X and Little X. Current direct material and direct labor costs are detailed below. Next year, the company wishes to use a plantwide overhead rate with direct labor hours as its allocation base. Next year's overhead is estimated to be $510,000. The direct labor and direct materials costs are estimated to be consistent with the current year. Direct labor costs $20 per hour and the company expects to manufacture 15,000 units of Big X and 18,000 units of Little X next year. DirectMaterialper UnitDirectLabor Dollarsper UnitBig X$5 $18 Little X$3 $12?Malone's plantwide overhead rate will be $20.99 per direct labor hour next year.
Answer the following statement true (T) or false (F)
A company sold equipment that originally cost $180,000 for $144,000 cash. The accumulated depreciation on the equipment was $36,000. The company should recognize a:
A. $36,000 loss. B. $18,000 loss. C. $0 gain or loss. D. $144,000 gain. E. $18,000 gain.
Capacity planning in closed-loop MRP:
A) utilizes feedback about workload from each work center. B) may make use of resource requirements profiles (load reports). C) may smooth work center loads with such tactics as overlapping and lot splitting. D) does not add capacity, but rather seeks effective use of existing capacity. E) All of the above are true.
What are ways an international project manager can cope with culture shock?
Fill in the blank(s) with the appropriate word(s).