Applied Diagnostics and Technologies, a firm with more than 300 employees, is applying the management by objectives approach to some of its workers, but not all. The reason is that MBO is best for managing the performance of employees who work in jobs for which

A. a high level of skill is involved.
B. the criteria for success are standardized.
C. an ability to work well with other people is essential.
D. objective measures of performance can be quantified.
E. subjective measures of performance apply.


Answer: D

Business

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A guest arriving in a ______ mood will be most influenced by environmental cues.

a. good b. bad c. neutral d. excited

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Eco-Eliminator Manufacturing produces a chemical pesticide and uses process costing. There are three processing departments—Mixing, Refining, and Packaging. On January 1, the first department—Mixing—had no beginning inventory. During January, 41,000 fl. oz. of chemicals were started in production. Of these, 32,000 fl. oz. were completed, and 9000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. The weighted-average method is used.

At the end of January, the equivalent unit data for the Mixing Department were as follows:

In addition to the above, the cost per equivalent unit were $1.80 for direct materials and $5.25 for conversion costs. Using this data, calculate the cost of the units that were transferred out of the Mixing Department and into the Refining Department.
A) $168,000
B) $110,400
C) $225,600
D) $57,600

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Richland Enterprises has budgeted the following amounts for its next fiscal year: Total fixed expenses $53,000 Selling price per unit $65 Variable expenses per unit $35 If Richland Enterprises can reduce fixed expenses by $18,870, how will breakeven sales in units be affected?

A) Decrease by 629 units B) Increase by 189 units C) Increase by 629 units D) Decrease by 189 units

Business

Which of the following terms refers to an unconditional and absolute offer by a contracting party to perform his or her obligations under a contract?

A. injunction B. writ of garnishment C. tender of performance D. writ of attachment

Business