The _____ is a channel typified by the organizational chart, which is created by management to define individual and group relationships and to specify lines of responsibility.
A. decentralized communication network
B. formal communication network
C. grapevine communication network
D. informal communication network
Answer: B
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Which statement(s) best reflects researchers beliefs about the value of setting specific goals?
a. Don’t set a specific goal because that stops production when the goal is reached b. Don’t set specific goals because they will be too easy for the best workers and too hard for the bottom third c. Setting specific goals achieves the best results d. Both “a” and “b”
Operational decisions, including inventory planning and control, and inbound/outbound transportation, are the focus of ______.
a. intermediate-term demand planning decisions b. long-term demand planning decisions c. short-term demand planning decisions d. prolonged demand planning decisions
Ego Manufacturing produces a pesticide chemical and uses process costing There are three processing departments-Mixing, Refining, and Packaging. On January 1, the Refining Department had 2,000 gallons of partially processed product in production. During January, 33,000 gallons were transferred in from the Mixing Department, and 29,000 gallons were completed and transferred out. At the end of the month, there were 6,000 gallons of partially processed product remaining in the Refining Department. See additional details below.
Refining Department, beginning balance at January 1 Quantity: 2,000 units (partially processed) Cost: $15,600 of costs transferred in $4,500 of materials cost $1,000 of conversion cost 21,100 total account balance Costs added during January Cost of units transferred in $222,400 Direct materials cost $93,750 Conversion cost $48,000 Refining Department, ending balance at January 31 Quantity: 6,000 units (partially processed) Percent complete for materials cost: 90% Percent complete for conversion cost: 75% What was the cost per equivalent unit with respect to conversion costs for the Refining Department in the month of January? (Use the weighted-average method, and round your calculations to the nearest cent.) A) $1.42 B) $1.46 C) $1.40 D) $8.17
In a sale or return, a buyer has an option to return the goods and undo the sale.?
Indicate whether the statement is true or false