If a “fair trade premium” is paid by a buyer of coffee, that money goes to ______.
a. the seller’s family
b. the host country government
c. a producer cooperative
d. a local environmental protection nonprofit
c. a producer cooperative
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Which of the following statements regarding inventory shrinkage is not true?
A. Inventory shrinkage is determined by comparing a physical count of inventory with recorded inventory amounts. B. Inventory shrinkage is recognized by debiting Cost of Goods Sold. C. Inventory shrinkage can be caused by theft or deterioration. D. Inventory shrinkage refers to the loss of inventory. E. Inventory shrinkage is recognized by debiting an operating expense.
The Warbler Jeans Company produces two different types of jeans. One is called the "Simple Life" and the other is called the "Fancy Life" The company's Production Budget requires 353,500 units of Simple jeans and 196,000 Fancy jeans to be manufactured. It is estimated that 2.5 direct labor hours will be needed to manufacture one pair of Simple Life jeans and 3.75 hours of direct labor hours for
each pair of Fancy life jeans. What is the total number of direct labor hours needed for both lines of jeans? A) 883,750 direct labor hours B) 1,618,750 direct labor hours C) 735,000 direct labor hours D) 353,500 direct labor hours
Which of the following is an external factor that influences internal structures?
A. HR policy B. human capital C. employee acceptance D. culture and custom E. cost implication
Which of the following is a support activity?
A. operations B. customer service C. inbound logistics D. technology development