We all feel committed to do our best because as a team we created our code of conduct and performance criteria together. Which characteristic of team excellence is our team displaying?
A. results-driven structure
B. standards of excellence
C. real team
D. unified commitment
B. standards of excellence
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______ negotiators employ a win-lose conflict management style.
Fill in the blank(s) with the appropriate word(s).
People tend to be more involved and committed to their jobs when they have more control and say in their work.
Answer the following statement true (T) or false (F)
Kettle Company produces two products (F56 and F57), applying manufacturing overhead on the basis of direct labor hours. Anticipated unit production costs (material, labor, and overhead) and manufacturing volumes are: F56: 2,000 units, $234F57: 3,500 units, $271Kettle's overhead arises because of various activities, one of which is purchase-order processing. Budgeted cost for this activity is expected to be $70,000. The firm believes that the number of purchase orders processed is a key cost driver and expects the following activity for its products: F56, 10 purchase orders; F57, 40 purchase orders. Kettle's selling prices are based heavily on cost.Required: A. Activity-based costing (ABC) is said to result in improved costing accuracy when compared with traditional costing procedures.
Briefly explain how this improved accuracy is attained.B. Compute: 1. the pool rate for purchase-order processing.2. the purchase-order processing cost to be charged to one unit of F56.C. Assume that Kenyon switched to activity-based costing and calculated total unit production costs as follows: F56, $285; F57, $220.1. Which of the two products, F56 or F57, was overcosted prior to the change to ABC? No explanation is necessary.2. Which of the two products, F56 or F57, may have been less competitive in the marketplace prior to the change to ABC? Briefly explain. What will be an ideal response?
In deciding if a no-load mutual fund is a good investment for you, you should carefully consider all of the following except
A) the fund's investment objective. B) the fund's previous managers. C) the fund's investment strategy. D) your risk tolerance level.