Dock Corporation makes two products from a common input. Joint processing costs up to the split-off point total $33,600 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product XProduct YTotalAllocated joint processing costs$16,800$16,800$33,600Sales value at split-off point$24,000$24,000$48,000Costs of further processing$15,000$18,700$33,700Sales value after further processing$35,500$45,100$80,600What is the minimum amount the company should accept for Product X if it is to be sold at the split-off point?
A. $31,800
B. $16,800
C. $20,500
D. $35,500
Answer: C
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Answer the following statements true (T) or false (F)
1. Tanesha works for a line of sporting goods stores. In her role, she makes strategic long-term decisions about her company's overall direction, and she creates the overall corporate goals, policies, and strategies. In light of these tasks, Tanesha must be a middle manager. 2. The vice president of human resources is a first-line manager. 3. Robert is a district manager who oversees several store managers in a national chain of restaurants. Robert reports directly to the vice president of stores and marketing, a member of top management. Robert is a middle manager. 4. Mintzberg concluded that managers play three broad types of roles: interpersonal, analytical, and critical. 5. Opportunity entrepreneurs are those who start their own business because they lost a job.
A resource constraint can be exploited using CCPM methodology by:
A) Determining the priority among projects for access to the drum. B) Scheduling each project to start based on the drum schedule. C) Designating the critical chain as the chain from the first use of the constraining resource to the end of the project. D) Resolving any conflicts if the creation of the capacity constraint buffers adversely affects the drum schedule.
Which of the following are among the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act in relation to shareholder control of pay for top executives?
a. The act provides that shareholders of all privately held as well as publicly traded companies are entitled to vote and set executive compensation on a yearly basis. b. The act provides that shareholders of public companies have an advisory vote on company payment practices for top executives and that public companies must hold a shareholder advisory vote on golden parachutes for executives. c. The act provides that shareholders of all privately held as well as publicly traded companies are entitled to vote and set executive compensation on a yearly basis and also that the shareholders must specifically approve any golden parachute provisions for executives. d. Based on the belief that ill informed shareholder input negatively affected nationwide corporate performance the act provides that shareholders need not be involved in setting executive compensation.
Which of the following levels of measurement provides the most information about a variable?
a.Nominal b.Ordinal c.Interval d.Ratio