The cost of goods manufactured is transferred to the Finished Goods account from the:

a. Raw Material account.
b. Direct labor account.
c. Cost of Goods Sold account.
d. Work in Process account.


d

Business

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You change the oil in your car yourself and dump the used oil down the sewer drain that ultimately flows into the local river. Oil manufacturers know this is not an isolated occurrence, so should they be concerned?

A. Yes, this is the type of situation that can get "Big Oil" a lot of bad press. B. No, the oil company will someday add a premium to the price to pay for oil cleanup in the environment. C. Yes, this is an issue of social responsibility because the polluted water affects others in the society at large. D. No, this is an issue solely between you and your neighbors. E. No, you paid for the oil and you can dispose of it as you like.

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The assistant manager had taken a management science class a few years before and while she knew enough to formulate the problem and implement it in Excel,

the only sensitivity training she had ever received had to do with being more empathetic to the plight of her minimum wage workforce. Help her interpret the sensitivity report for the cheese and meat constraints as it appears below. Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $G$7 Cheese 400 0.25 400 16.66666667 233.3333333 $G$8 Meat 150 0.125 150 110 10

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Payback does not consider the time value of money

Indicate whether the statement is true or false

Business

Very Nice Curtains is planning to restructure their business. How will this most likely affect their employees in the short-term?

A. Learning will increase greatly. B. Stress will remain unchanged. C. Task performance will increase. D. Confusion will decline slightly. E. Trust will decline quite a bit.

Business