In a bank reconciliation, a book error will be shown on the bank side of the reconciliation
Indicate whether the statement is true or false
FALSE
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Labadie Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$74?Fixed costs per year: Direct labor$1,029,600?Fixed manufacturing overhead$4,461,600?Fixed selling and administrative expenses$3,864,000?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 57,200 units and sold 55,200 units. The company's only product is sold for $233 per unit.Assume that the company uses a variable costing system that assigns $18 of direct labor cost to each unit that is produced. The unit product cost under this costing system is:
A. $74 per unit B. $170 per unit C. $240 per unit D. $92 per unit
Questions such as « How is organization development perceived in the host nation? How am I to be percevied, by the client, as an OD consultant? » are questions to be asked based on which piece of helpful advice to those choosing to proceed with global OD?
a. Conduct a « cultural diagnosis » b. Consider stability c. Consider what interventions might work d. Consider the match between culture and intervention
Which of the continuous improvement tools is used to conduct root-cause analysis?
A) statistical process control (SPC) B) flow chart C) Ishikawa diagram D) Pareto chart
Which of the following statements is the most appropriate to define the quality management approach to business?
A) Is built on the participation of the people closest to the work B) Requires organizations to eliminate wasteful practices, redesign business methods, and adopt a focused approach to managing quality for customers, employees, and leaders C) Is built on strategic planning and leadership D) Encourages learning and gaining new leadership ideas from their employees