Which of the following is true regarding the benefits of collaborative work?
A. The participants have similar views and similar goals.
B. The logistics of coordination is easily achieved.
C. It increases communication among participants.
D. It minimizes interpersonal conflicts.
Answer: C
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Choose the user group that is most likely to have the need listed below. (Select all that apply.) The ability of the company to pay its debts as they become due
a. Stockholder b. Company management c. Supplier d. Banker e. Internal Revenue Service f. Securities and Exchange Commission g. Labor union
Voltaic Electronics uses a standard part in the manufacture of different types of radios. The total cost of producing 35,000 parts is $105,000, which includes fixed costs of $50,000 and variable costs of $55,000. The company can buy the part from an outside supplier for $2 per unit and avoid 20% of the fixed costs. Assume that the company can use the freed manufacturing space to make another product that can earn a profit of $16,000. If Voltaic outsources, what will be the effect on operating income?
A) increase of $11,000 B) decrease of $11,000 C) decrease of $10,000 D) increase of $16,000
Which one of the following is a time management skill that can help sales professionals in achieving success:
A. Always overcommit to nonessential tasks at the expense of core work tasks. B. Try not to be selective in prioritizing time and spend time on high-priority tasks. C. Do not worry about of the time needed to complete tasks. D. Always maintain a systematic account for the outcomes you aim to achieve before allocating time to achieve these outcomes. E. Avoid following a plan to allocate efforts across goals, activities, and time periods.
McCourt Inc manufacturers a unique product. The company's controller has prepared the following static budget for the month of February: Estimated production 300 units Direct labor per unit 1 hour Direct labor required for estimated production 300 hours Average direct labor rate per hour $ 10 Estimated direct labor cost $3,000 Actual production during February was 275 units and actual direct
labor cost was $2,900. If McCourt prepares a flexible budget for February, the projected direct labor cost would be: A) $2,750 B) $2,900 C) $3,000 D) $3,165