What is the early start time for the Hire valets activity?
A professor is planning an informal gathering for 100 or so of his closest friends. The project breaks down as follows:
Activity Time Predecessor
Call planner 12 -
Book caterer 10 -
Hire quartet 9 Call planner
Schedule cleaning crew 15 Call planner
Stock wine cellar 7 Book caterer
Hire valets 8 Schedule cleaning crew, Stock wine cellar
Schedule butler overtime 13 Hire quartet, Hire valets
A) 31
B) 27
C) 23
D) 20
Answer: B
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Williams manufactures a variety of iron products, made to customer specifications, in small batches. Willie Williams, owner, is concerned that he does not have an accurate understanding of the costs of production. You, a newly-minted MBA, have researched his business and identified various costs and cost drivers.
The service departments (Janitorial, HR, and Data Services) are allocated to the two production departments (Welding and Assembly). Janitorial costs are allocated using square feet, HR using number of employees, and Data Services using number of transactions. You recall that there are several approaches to the allocation of service department costs, direct, step-down and reciprocal methods.
If the step-down method is used in this case, which sequence of allocations is not valid?
A. Data, Janitorial, HR
B. HR, Data, Janitorial
C. Data, HR, Janitorial
D. Janitorial, Welding, HR, Data Svcs, Assembly
E. All sequences above are acceptable
During the hiring interview, Supervisor Staci told Henry that as long as he did his job as requested, he would have a job until he retired. Courts have been willing to enforce such an oral promise, even if the company's top management did not approve the statement.
Answer the following statement true (T) or false (F)
St. Pierre Enterprises reported the following information in its financial statements: Amounts are as of or for the year ended Prior YearCurrent YearInventory$55,000 $80,000 Accounts Receivable 68,000 103,000 Accounts Payable 34,500 40,000 Sales Revenue 305,000 375,000 Cost of Goods Sold 203,000 250,000 What is the amount of cash collected from customers during the current year?
A. $380,500 B. $340,000 C. $350,000 D. $410,000
A detailed description of an archetypical or hypothetical potential customer for a product or service is a(n) ________.
A. end user B. customer profile C. customer's job D. influencer