The effective project manager has a commitment to

a. the training and development of people working on the project.
b. limiting people to working on tasks where they have mastered the skills.
c. having people listen at the project team meetings to management.
d. creating a fear of failure and limits of risk taking.


a

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Home Base, Inc. reports the following production cost information:Beginning inventory10,000 unitsUnits produced97,000 unitsUnits sold92,000 unitsDirect labor$17 per unitDirect materials$34 per unitVariable overhead$26 per unitFixed overhead$1,940,000 in totalOperating costs$2,000,000 in totalAssume that productions costs have remained the same since the previous period and all units are sold for $137.00 per unit.a. Compute production cost per unit under variable costing.b. Compute production cost per unit under absorption costing.c. Determine net income using variable costing.d. Determine net income using absorption costing.

What will be an ideal response?

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Sturdivant Fasteners, Co. uses a traditional allocation of overhead based on direct labor hours. The manager has accumulated the following information on engineering changes, which are indirect cost of their products, for two of the company's major products: ?AutomotiveFastenersComputerFastenersTotal units produced5,0002,500Cost per engineering change$400$ 400Number of engineering changes525Direct labor hours per unit44Compute the cost per unit using: The traditional two-stage allocation of the costs of engineering changes based on direct labor hours.

What will be an ideal response?

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The government uses taxes to purchase resources and products required to provide services.

Answer the following statement true (T) or false (F)

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Wayne worked in an office. He had no criminal record, had never had a complaint made against him about his work or his conduct, and had been a faithful employee for nearly 20 years. One day, Wayne followed his supervisor to his home and fatally shot him. The estate of the supervisor sued the company, claiming it should have been aware of Wayne's growing frustration with work. The company's best defense will be that

A. there was no way to foresee that the incident would happen. B. the incident occurred away from the office. C. the killing was the result of a personal conflict between Wayne and the supervisor. D. even if the company had been aware of Wayne's difficulty with his supervisor, Wayne did not have any criminal history.

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