The wages paid to workers on the line are categorized as ________ in the Theory of Constraints
Fill in the blanks with correct word
operational expense
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For an organization to succeed, every department or functional area must work independently to be most effective.
Answer the following statement true (T) or false (F)
A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Budgeted ActivityActivity Cost PoolBudgeted CostProduct AProduct BActivity 1$87,000 3,000 2,800 Activity 2$62,000 4,500 5,500 Activity 3$93,000 2,500 5,250 Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550 units. What is the approximate overhead cost per unit of Product A under activity-based costing?
A. $2.00 B. $2.33 C. $10.28 D. $15.00 E. $3.00
Particularly in a teamwork environment, such as a restaurant, the advantage of a service blueprint is that it ________.
A. focuses on the company organization as the foundation of work efforts B. provides incentives to employees for their contributions C. provides employees with a way to rate the performance of the other team members D. shows employees how their individual roles fit into the entire system E. provides managers with a way to integrate service topics into the performance evaluation process
________ are conditions that prevent new companies from setting foot in an industry.
A. Barriers to entry B. Industry shakeouts C. Zero-profit conditions D. Prospectors E. Demographics