A company's production department was experiencing a high defect rate on the assembly line, which was slowing down production and causing a higher waste of valuable direct materials. The production manager decided to recruit some highly skilled production workers from another company to bring down the defect rate. This would produce a(n) ________.
A) unfavorable direct materials cost variance
B) unfavorable direct labor cost variance
C) unfavorable direct labor efficiency variance
D) unfavorable direct materials efficiency variance
B) unfavorable direct labor cost variance
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Marionette receives an offer to produce 5000 dolls for a special event. This is a one-time opportunity during a period when the company has excess capacity. What is the minimum sales price the company should accept for the order?
Marionette Company manufactures dolls that are sold to various distributors. The company produces at full capacity for six months each year to meet peak demand; the manufacturing facility operates at 70% of capacity for the other six months of the year. The company has provided the following data for the year:
A) $15
B) $40
C) $20
D) $25
The purpose of release planning is to establish the goals and a general WBS for the project.
Answer the following statement true (T) or false (F)
Imagine yourself as Pamela's supervisor, and you want to build an effective working relationship with her. You have given Pamela a key role in a project of major significance to your team
A useful approach in dealing with Pamela would be to A) move slowly in forming a working relationship with her, follow up frequently on your requests, and impose strict deadlines. B) give her a lot of freedom, do not nag, and be particularly friendly and warm toward her. C) closely monitor her progress, encourage her to try far-out ideas, and focus your conversation on the task. D) be careful not to express your anxiety and fears about the project, and look out for her saying things that she thinks you want to hear.
Generally, an increase in risk will result in ________
A) a lower required return or interest rate B) a higher required return or interest rate C) a higher return on investment D) a lower return on investment