For an x chart, the lower and upper control limits are usually set at three standard errors from the centerline
Indicate whether the statement is true or false
T
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Disaggregation:
A) breaks the aggregate plan into greater detail. B) transforms the master production schedule into an aggregate plan. C) calculates the optimal price points for yield management. D) converts product schedules and labor assignments to a facility-wide plan. E) is an assumption required for the use of the transportation model in aggregate planning.
Which of the following remedies of the seller is obligation oriented?
a. Cancel the contract b. Withhold delivery of the goods c. Recover incidental damages d. Resell the goods and recover damages
In the Excel, or spreadsheet, approach to recording financial transactions, cash paid to creditors is recorded as a decrease in the Cash column and as a decrease in the Retained Earnings column.
Answer the following statement true (T) or false (F)
Dallavalle Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$93Fixed costs per year: Direct labor$320,000Fixed manufacturing overhead$2,144,000Fixed selling and administrative expenses$1,364,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 32,000 units and sold 31,000 units. The company's only product is sold for $238 per unit.The company is considering using either super-variable costing or a variable costing system that assigns $10 of direct labor cost to each unit that is produced. Which of the following statements is true
regarding the net operating income in the first year? A. Super-variable costing net operating income exceeds variable costing net operating income by $10,000. B. Super-variable costing net operating income exceeds variable costing net operating income by $67,000. C. Variable costing net operating income exceeds super-variable costing net operating income by $10,000. D. Variable costing net operating income exceeds super-variable costing net operating income by $67,000.