Fort Smith Technologies incurred the following costs during the past year when planned production and actual production each totaled 20,000 units: Direct material used$280,000 Direct labor 120,000 Variable manufacturing overhead 160,000 Fixed manufacturing overhead 100,000 Variable selling and administrative cost 60,000 Fixed selling and administrative cost 90,000 If Fort Smith uses absorption costing, the total inventoriable costs for the year would be:
A. $560,000.
B. $460,000.
C. $620,000.
D. $400,000.
E. $660,000.
Answer: E
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Fill in the blank(s) with the appropriate word(s).
Which of the following is true of adopting the Restatement (Third) of Torts: Product Liability?
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A. the objective function B. the decision variables C. the feasible solution region D. the optimal solution
One of Ted's responsibilities is to regularly review HR practices to make sure they all focus on the same objectives. In other words, Ted needs to ensure __________ alignment.
A. measurement B. capacity C. horizontal D. vertical