A ______ refers to a group making a decision that is riskier than an individual working alone would have been comfortable making.
a. dangerous shift
b. risky shift
c. risky move
d. dangerous move
b. risky shift
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Each unit of a product is sold at $5. The cost per unit is $2. What is the percent margin for the product?
A) 60% B) 40% C) 66.6% D) 16.3% E) 33.3%
Discuss the relationship between benchmarking and total quality management (TQM)
Decision making and problem solving are not related
Indicate whether the statement is true or false
Luebke Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the month was $52,000 and at the end of the month was $30,000. The cost of goods manufactured for the month was $212,000. The actual manufacturing overhead cost incurred was $55,000 and the manufacturing overhead cost applied to Work in Process was $58,000. The company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold. The adjusted cost of goods sold that would appear on the income statement for November is:
A. $234,000 B. $190,000 C. $231,000 D. $212,000