Identify the 10 strategic OM decisions
What will be an ideal response?
Design of goods and services, managing quality, process strategy, location strategies, layout strategies, human resources, supply chain management, inventory management, scheduling, and maintenance.
You might also like to view...
Return on investment measures the return on long-term suppliers of funds
Indicate whether the statement is true or false
A merchandiser's operating cycle concludes with the sale of goods
Indicate whether the statement is true or false
Why might measuring service quality be more difficult than measuring product quality?
What will be an ideal response?
Varela Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: Average Cost per UnitDirect materials$5.95Direct labor$3.30Variable manufacturing overhead$1.60Fixed manufacturing overhead$3.00Fixed selling expense$0.50Fixed administrative expense$0.40Sales commissions$1.50Variable administrative expense$0.50 For financial reporting purposes, the total amount of period costs incurred to sell 4,000 units is closest to:
A. $3,600 B. $7,700 C. $11,600 D. $8,000