TPM (total productive maintenance) is an application of TQM (total quality management) principles to the area of maintenance
Indicate whether the statement is true or false
TRUE
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Why is process value analysis not part of the general ledger accounting system?
Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $22 per unit. Additional information is as follows: Variable product cost per unit$19 Variable administrative cost per unit 11 Total fixed overhead 13,500 Total fixed administrative 21,000 Using the variable cost method, what markup percentage to variable cost should be used?
A. 92% B. 71% C. 80% D. 76% E. 81%
A map gives information visually and thus eliminates the difficulty of explaining in words
Indicate whether the statement is true or false
Which of the following is not generally required in order to have a valid contract?
a. Mutual assent. b. A lawful purpose. c. Fairness of the bargain. d. Parties who have contractual capacity.