The local newspaper receives several complaints per day about typographic errors. Over a seven-day period, the publisher has received calls from readers reporting the following total daily number of errors: 4, 3, 2, 6, 7, 3, and 9
Based on these data alone, what type of control chart(s) should the publisher use?
A) p-chart
B) c-chart
C) x-bar chart
D) R-chart
E) x-bar chart and R-chart
B
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In selecting a vendor, a buyer may need to obtain competitive bids by means of a document called a(n) ______________________________
Fill in the blank(s) with correct word
A standard, unqualified auditor's report for a public company contains three sections. Provide a brief (one or two sentences) description for each section.
What will be an ideal response?
Moreland Manufacturing Inc Moreland Manufacturing Inc produces and sells stainless steel faucets. In the current year, the company had budgeted for the production and sale of 6,000 faucets but, due to unexpected demand, 7,000 faucets were actually produced and sold. Each faucet has a standard requiring 15 ounces of direct material at a cost of $.40 per ounce and 15 minutes of assembly time at a
cost of $.20 per minute. Actual costs for the production of 7,000 faucets were $41,359.50 for materials (106,050 ounces purchased and used @ $.39 per ounce) and $21,560 for labor (98,000 minutes @ $.22 per minute). Refer to the Moreland Manufacturing Inc information above. Moreland's direct labor rate variance is: A) $2,100 F. B) $1,800 F. C) $1,960 U. D) $ 560 U.
Use the data in Scenario 2.5 to answer this question. If the allowance factor is 15%, what is the average time for Element 1?
A) 15.1 seconds B) 16.61 seconds C) 19.1 seconds D) 14.44 seconds