You are the quality control manager at a shoe factory. The factory is currently throwing out $50,000 per day in defective shoes that are rejected before shipping. You find that many defects are originating at one particular station and decide to address those issues. As a result, you reduce the number of rejects by 50%, saving your company _____ per day in defective shoes
A) ?$2,500
B) ?$5000
C) ?$25,000
D) ?$50,000
E) ?$100,000
C
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When does Parmigiani argue that make-and-buy is likely?
a. When making is expensive b. When outsourcing is difficult c. When the level of asset specificity is mediocre d. When the level of asset specificity is low
Marketers fear negative word of mouth because when consumers are dissatisfied, they
A. often want to complain to many people. B. buy more of the product to prove they were correct in their criticism. C. often file a lawsuit. D. are less likely to say something than when they are satisfied. E. don't buy any of the company's other products.
Revenue and expense accounts are permanent (real) accounts and should not be closed at the end of the accounting period.
Answer the following statement true (T) or false (F)
Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $239,700 and 4,700 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $242,000 and actual direct labor-hours were 4,600. The applied manufacturing overhead for the year was closest to:
A. $236,854 B. $229,586 C. $234,600 D. $242,006