Once the amounts of the service department allocations have been determined, a journal entry should be prepared to record the distributions, the result of which is:
a. debit balances in the Factory Overhead accounts of the production departments for which the total agrees to the total amount of factory overhead incurred.
b. credit balances in the Factory Overhead accounts of the production departments for which the total agrees to the total amount of factory overhead incurred.
c. debit balances in the Factory Overhead accounts of the service departments for which the total agrees to the total amount of factory overhead incurred.
d. credit balances in the Factory Overhead accounts of the service departments for which the total agrees to the total amount of factory overhead incurred.
a
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When a company neither fixes a single price worldwide nor remains aloof from subsidiary pricing, the strategy is referred to as ________
A) adaptation B) invention C) extension D) depreciation
A company's domain name does not necessarily need to have international signi?cance
Indicate whether this statement is true or false.
A firm uses the chase strategy of aggregate planning. It produced 1000 units in the last period. Demand in the next period is estimated at 800, and demand over the next six periods (its aggregate planning horizon) is estimated to average 900 units
Which of the following tactics would be most representative of following a chase strategy? A) add 100 units to inventory in the next period B) add 200 units to inventory in the next period C) hire workers to match the 100-unit difference D) lay off workers to match the 200-unit difference E) implement a lower price point to increase demand
Ivan is the founder of a firm producing self-driving vehicles. Because the industry is so new and chaotic, Ivan favors a top-down strategic planning approach in which he exerts strong control over all aspects of the business, from product development and design to manufacturing and marketing. What is wrong with this scenario?
A. The top-down approach leaves other employees uncertain about their roles in the company. B. The top-down approach is expensive to maintain, leaving the company at a competitive disadvantage. C. The top-down approach can only be applied to specific business functions. D. The self-driving vehicle industry is changing too much for the top-down approach to be effective.