________ describes using one supplier for a component and a second supplier for another component, where each supplier acts as a backup for the other
Fill in the blanks with correct word
Cross-sourcing
You might also like to view...
Each year, the majority of new products introduced fail
Indicate whether the statement is true or false
The FUTA tax rate most often actually paid by employers is 0.8 percent
Indicate whether the statement is true or false
All of the following are recognized as reasons for accumulating earnings except
A. redemption of stock of deceased shareholder. B. product liability loss reserves. C. working capital needs. D. All of the above are recognized reasons for accumulating earnings.
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?