Which ISO standard applies to quality management?
a. 8000
b. 9000
c. 14000
d. 16000
b. 9000
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If a company announces a change in its dividend policy from a zero target payout ratio to a 100% payout policy, this action could be expected to increase the value of long-term options (say 5-year options) on the firm's stock.
Answer the following statement true (T) or false (F)
Pick two of the various artifacts of organizational culture and apply them to a business setting.
What will be an ideal response?
In which distribution network design is product shipped directly from the manufacturer to the end customer, bypassing the retailer (who takes the order and initiates the delivery request)?
A) Manufacturer storage with direct shipping B) Manufacturer storage with direct shipping and in-transit merge C) Distributor storage with package carrier delivery D) Distributor storage with last mile delivery
Pattern Manufacturing produces a chemical pesticide and uses process costing
There are three processing departments-Mixing, Refining, and Packaging. On January 1, the first department-Mixing-had no beginning inventory. During January, 48,000 fl. oz. of chemicals were started in production. Of these, 40,000 fl. oz. were completed, and 8,000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly through the process. At the end of January, the equivalent unit data for the Mixing Department were as follows: WHOLE UNITS Equivalent Units Equivalent Units Units to be accounted for Direct Materials Costs Conversion Costs Completed and transferred out 40,000 40,000 40,000 Ending work-in-process* 8,000 8,000 3,520 48,000 48,000 43,520 * Percent complete for conversion costs: 44% In addition to the above, the costs per equivalent unit were $1.35 for direct materials and $5.30 for conversion costs. Using this data, calculate the full cost of the ending WIP balance in the Mixing Department. The weighted-average method is used. A) $43,520 B) $10,800 C) $29,456 D) $64,800