Assume that an assembly line has three tasks that must be completed (in order, A, B, and C). The tasks have processing times of 9, 9, and 11 minutes per unit, respectively. If the assembly operates for 400 minutes per day with a desired output of 70 units per day, what is minimum number of workstations?
a. 4
b. 6
c. 8
d. Cannot be determined from the information given
b. 6
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The approved systems design document documents the system design and summarizes the implementation training and test plans
Indicate whether the statement is true or false
Under the full-cost method, the costs associated with dry wells can be capitalized as part of the oil and gas reserves
Indicate whether the statement is true or false
Which of the following statements is TRUE of an activity-based costing system?
A) It uses separate predetermined overhead allocation rates for each activity. B) It is not as accurate or precise as traditional costing systems. C) It accumulates overhead costs by processing departments. D) It is not as complex or as costly as traditional systems.
Which of the following factors should not be considered when deciding whether to investigate a variance?
a. magnitude of the variance b. trend of the variances over time c. likelihood that an investigation will reduce or eliminate future occurrences of the variance d. whether the variance is favorable or unfavorable