The link between the Products and Production Plan tables would be implemented as a linking table.
Answer the following statement true (T) or false (F)
False
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Which strategy involves positioning the organization to offer unique products for select buyers?
A. Cost leadership B. Differentiation C. Business D. Focus
Which of the following is not considered to be a limitation of the government's approaches to classifying high-tech industries?
a. Some industries classified as R&D intensive do not exhibit revolutionary new products b. Because the government's approach is not objective or quantifiable, there is a high margin of error. c. Some industries that probably should be characterized as high-tech may be excluded d. Some industries classified as R&D intensive produce standardized output in mass quantities e. All of the above are considered to be limitations in the government's approach to classifying high-tech industries.
Which of the following best conveys the essence of learning curves?
A) As the number of repetitions increases, time per unit increases. B) As the number of repetitions decreases, time per unit increases. C) As the number of repetitions increases, time per unit decreases. D) As the number of repetitions increases, time per unit remains constant. E) As the number of repetitions increases, time per unit doubles.
Jessep Corporation has a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours. The company has provided the following data concerning its fixed manufacturing overhead costs in March: Actual machine-hours 14,000hoursStandard machine-hours allowed for the actual output 12,000hoursDenominator activity 15,000hoursActual fixed manufacturing overhead costs$48,000 Budgeted fixed manufacturing overhead costs$45,000 ?The fixed manufacturing overhead volume variance is:
A. $3,000 F B. $6,000 U C. $9,000 U D. $3,000 U