Which of the following statements regarding resource flexibility is BEST?
A) Training is a small part of worker flexibility.
B) Specialization of employees is consistent with worker flexibility.
C) Worker flexibility is not a priority if the process is subject to hourly or seasonal peaks in demand.
D) Resource flexibility requires employees to be able to perform a broad range of duties, and equipment usually must be more general purpose.
D
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Under a job order cost system of accounting, the entry to distribute payroll to the appropriate accounts would be:
a. Debit-Payroll Credit-Wages Payable b. Debit-Work in Process Debit-Factory Overhead Debit-Selling and Administrative Expense Credit-Payroll c. Debit-Work in Process Debit-Finished Goods Debit-Cost of Goods Sold Credit-Payroll d. Debit-Work in Process Debit-Factory Overhead Debit-Selling and Administrative Expense Credit-Wages Payable
Which of the following is not included in departmental product costs?
a. Costs identifiable with the department. b. Costs added by prior production departments carried to the department. c. Cost of sales and administrative departments that have been allocated to the production department. d. Costs of factory service departments that have been allocated to the production department.
Brorsen, Inc, has just designed a new product with a target cost of $64. Brorsen requires new product to have a profit of 20%. What is the target price for the new product?
A) $64 B) $12.80 C) $320 D) $80 E) $53
______________ power is power based on access to information others need.
a. Legitimate b. Expert c. Coercive d. Referent