The education a student gets is an example of the intangibility of services.
Answer the following statement true (T) or false (F)
True
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The idea that workers are for working and managers are for thinking is characteristic of which leadership style?
a. Theory X b. Theory Y c. authoritative d. democratic
Information is potentially the biggest driver of performance in the supply chain as it directly affects each of the other drivers
Indicate whether the statement is true or false.
The amount of money that would have to be invested today at a given interest rate over a specific period in order to equal a future amount is called:
A) Future value B) Present value C) Future value interest factor D) Present value interest factor
Bippus Corporation manufactures two products: Product X08R and Product P56L. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products X08R and P56L.Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$247,00013,000MHsMachine setupsNumber of setups$60,000150setupsProduct designNumber of products$56,0002productsOrder sizeDirect labor-hours$260,00010,000DLHsActivity MeasureProduct X08RProduct P56LMachine-hours10,0003,000Number of setups11040Number of products11Direct labor-hours6,0004,000Using the plantwide overhead rate, how
much manufacturing overhead cost would be allocated to Product P56L? A. $311,500 B. $249,200 C. $418,000 D. $373,800