The disadvantage of automation over human labor is that automation requires ______.
A. a process to be standardized
B. high variable costs
C. increased human supervision
D. intervention by senior management
A. a process to be standardized
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Briton Inc. has two processes—Coloring Department and Mixing Department. Briton sold 350 gallons on account at $110 per gallon. The total cost of processing was $385,000 for 5,500 gallons of paint. Throughout the year, the company used a predetermined overhead allocation rate to allocate $75,000 and $65,000 of indirect costs to the Coloring Department and Mixing Department, respectively. The actual overhead cost incurred amounted to $150,000 at the end of the year
Record the necessary journal entries for the sale of goods and for adjustment of over- or underallocated manufacturing overhead at the end of the year. Briton uses the perpetual inventory system and process costing.
A credit to the Factory Overhead account represents actual overhead costs
Indicate whether the statement is true or false
Which of the following is most useful for developing information that might lead to breakthrough products?
a. survey research b. focus groups c. conjoint studies d. customer visit programs e. concept tests
When you are interviewing for a job, which of the following questions is it not appropriate to ask?
A) How are employees evaluated and promoted? B) What types of training are available? C) What insurance and sick-leave benefits can I expect? D) How would you describe a typical day on the job?