________ reflects the ways in which customers become part of the process and the extent of their participation

Fill in the blanks with correct word


Customer involvement

Business

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Spates, Inc., manufactures and sells two products: Product H2 and Product E0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected ProductionDirect Labor-Hours Per UnitTotal Direct Labor-HoursProduct H21006.0600Product E01005.0500Total direct labor-hours  1,100The company's expected total manufacturing overhead is $266,468.If the company allocates all of its overhead based on direct labor-hours, the overhead assigned to each unit of Product H2 would be closest to: (Round your intermediate calculations to 2 decimal places.)

A. $141.00 per unit B. $496.86 per unit C. $123.42 per unit D. $1,453.44 per unit

Business

Unit costs are determined by dividing the total costs of the period by the equivalent units

Indicate whether the statement is true or false

Business

The Reduced Cost may be viewed as the difference between the marginal contribution of a variable and the marginal value of the resources it consumes

Indicate whether the statement is true or false

Business

Mr. and Mrs. Clyde were married for 21 years before Mrs. Clyde divorced her husband in 2017. This year, the IRS determined that the Clydes underpaid their jointly filed 2016 tax by $19,650. In which case would Mrs. Clyde be relieved of liability for the underpayment under the innocent spouse rule? 

A. Mrs. Clyde did not read through the Form 1040 before she signed it. B. Mr. Clyde was the sole income earner during the entire marriage. C. Mrs. Clyde remarried this year and is now Mrs. Novak. D. None of the above.

Business