Those activities that enable a person to describe in the detail the system that solves the need is called __________________
a. architectural design
b. systems design
c. systems analysis
d. high-level design
b
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Hotels try to price rooms to maximize resources by quickly adapting to changes in demand. Part of this involves anticipating consumer behavior and calculating a number of different factors, including demand for rooms at a particular time period, likely length of stay, types of rooms likely to be requested, etc. It wants to be able to sell rooms at the right price to the right people. This pricing strategy is an example of
A. yield management. B. penetration pricing. C. price skimming. D. differential pricing. E. special-event pricing.
In customer-initiated interactive communication, noise is no longer a factor.
Answer the following statement true (T) or false (F)
Sweetheart Brands packages single-sized servings of sugar and sugar substitute for fast-food restaurants. The activities required to package sugar are fewer and less complex than for the sugar substitute. The direct costs of producing the two products are as follows: Sugar Sugar SubstituteDirect materials$0.02 $0.04 Direct labor 0.04 0.08 Overhead is currently assigned to the two products based on machine hours. The following information is provided regarding overhead costs:Activity Traceable Costs Cost Driver Sugar Line Sugar Sub. Line TotalSetup $50,000 No. of setups 125 125 250 Packing 120,000 No. of machine hrs. 10,000 40,000 50,000 Inspection 30,000 No. of
batches 250 350 600 $200,000 Required:1) Compute the predetermined overhead rate under the current method of overhead cost allocation. How much total overhead cost will be assigned to each product under the current system?2) Compute the three activity rates that would be used in an activity-based system. How much total overhead cost will be assigned to each product under an ABC system?3) Assuming an ABC system to be more precise, by how much does the company's current costing system over- or undercost the products? Be specific. What will be an ideal response?
A corporation might buy some of its own stock to help keep the market price from falling.
Answer the following statement true (T) or false (F)