Which of the following is an example of a direct materials efficiency standard?
A) $40 per direct labor hour
B) 50 square feet per unit
C) $0.95 per square foot
D) 6 direct labor hours per unit
B
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A convertible security may have the appearance of being individually dilutive but in fact be antidilutive when viewed with combinations of other convertible securities
Indicate whether the statement is true or false
Refer to RIP. Which of the following statements about the American companies who are taking over Japanese operations is true?
RIP In recent years, Japanese companies such as Mitsubishi, NEC, Fujitsu, and Sony began turning to Americans to manufacture Japanese products. While Sony, Panasonic, and other Japanese giants still excel at cranking out high-quality consumer electronics products such as camcorders and TVs by the millions, it's a different story in industries with short product cycles, which require factories that must build what customers order instead of churning out products in anticipation of demand. Japan's great strength, repetitive manufacturing, is becoming its greatest weakness. This production-on-demand form of management cannot depend on JIT. Instead the American companies rely on raw-in-process inventory, or RIP. RIP calls for keeping a reasonable quantity of varied raw materials or components on hand to meet changing customer demand. a. The American companies are able to make effective use of b. Because American companies are more concerned about stockouts, they are less efficient. c. Both the Japanese and the American companies rely on independent demand systems to determine inventory d. The American companies have higher holding costs. e. All of these statements about the American companies who are taking over Japanese operations are
The United States has ______ the amount of steel and lumber that can be ______ in order to prevent the domestic producers from being pushed out of the market.
a. restricted, exported b. relaxed, manufactured c. restricted, imported d. relaxed, imported
Which of the following statements is (are) true with respect to the treatment of legal defense costs under the ISO Commercial General Liability policy?
I. Legal defense costs usually are counted against the policy limit. II. Once the insurer has paid out the applicable limit of liability, the insurer's duty to defend ends. A) I only B) II only C) both I and II D) neither I nor II c