With an 80 percent unit improvement factor learning curve and an initial time of 100 minutes to do a job, at what number of repetitions will the job take less than 50 minutes?
A. 7 repetitions of the job
B. 5 repetitions of the job
C. 8 repetitions of the job
D. 6 repetitions of the job
E. 9 repetitions of the job
Answer: E
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If the M2 multiplier is currently 8 and people decide to increase the ratio of currency they hold relative to the amount of transactions accounts they hold, the M2 multiplier will
A. not change. B. increase substantially. C. decrease. D. increase slightly.
Describe how a salesperson will use the competing mode of negotiation.
What will be an ideal response?
The management of Plitt Corporation would like to investigate the possibility of basing its predetermined overhead rate on activity at capacity. The company's controller has provided an example to illustrate how this new system would work. In this example, the allocation base is machine-hours and the estimated amount of the allocation base for the upcoming year is 52,000 machine-hours. Capacity is 65,000 machine-hours and the actual level of activity for the year is assumed to be 58,000 machine-hours. All of the manufacturing overhead is fixed and both the estimated amount at the beginning of the year and the actual amount at the end of the year are assumed to be $592,800 per year. It is assumed that a number of jobs were worked on during the year, one of which was Job Q20L which required
360 machine-hours.If the company bases its predetermined overhead rate on the estimated amount of the allocation base for the upcoming year, then the predetermined overhead rate is closest to: A. $10.22 per machine-hour B. $11.40 per machine-hour C. $8.18 per machine-hour D. $9.12 per machine-hour
When manufacturing overhead is applied to a job in process, the ?????????????????????????????? account is credited