A paper manufacturing company is considering opening another manufacturing plant. Which of the following factors of site selection would probably be the most important in this case?
a. community receptiveness
b. nearness to the market for the goods
c. availability of labor force
d. nearness to raw materials (wood)
e. air and water conditions
d. nearness to raw materials (wood)
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When arranging merchandise for sale, the optimal location for a retailer's most profitable products are at the end of an aisle, at eye-level on a shelf, or at the check-out counter.
Answer the following statement true (T) or false (F)
Furtado Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Total budgeted manufacturing overhead$191,940 Budgeted hours 21,000labor-hours Actual production (a) 35,000unitsStandard hours per unit (b) 0.70labor-hoursStandard hours allowed for the actual production (a) × (b) 24,500labor-hours Total actual manufacturing overhead$190,874 Actual hours 23,200labor-hoursThe total amount of manufacturing overhead applied is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $190,874 B. $201,600 C. $212,048 D. $223,930
With a time study approach, the:
A) nature of the task can be different with each replication, and the standards will still be good. B) skill of the observer is not very important. C) sample size is a function of the desired precision of the time estimate. D) sample size is typically larger than required for the work sampling approach.
A conventional cash flow pattern is one in which an initial outflow is followed only by a series of inflows
Indicate whether the statement is true or false