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Indicate whether the statement is true or false


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Business

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Swango Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: CastingCustomizingMachine-hours 19,000 11,000Direct labor-hours 1,000 8,000Total fixed manufacturing overhead cost$138,700$86,400Variable manufacturing overhead per machine-hour$1.60  Variable manufacturing overhead per direct labor-hour  $3.00The estimated total manufacturing overhead for the Customizing Department is closest to:

A. $60,379 B. $110,400 C. $24,000 D. $86,400

Business

________ refers to the degree to which the position enables the leader to get others to comply with his or her directions.

A) Position power B) Task structure C) Personal relationships D) Compliance

Business

Criminal charges may be brought even though the act was accidental

Indicate whether the statement is true or false

Business

In managing inventory, the problem is to balance the inventory investment with:

I. customer service. II. costs associated with changing production levels. III. costs of placing orders. IV. transportation costs. A) III and IV only B) II and III only C) I, II and III only D) II, III and IV only E) I, II, III, and IV

Business