Agile methods are an efficient approach to development when a system is _____, when it deals with unstructured problems, and when the users cannot specify all the requirements at the start of the project.
A. small
B. large
C. complex
D. well-funded
Answer: A
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The Golf Club Company makes custom golf clubs. The manufacturing supervisor interviews people who have specialized manufacturing skills, and he informs payroll when an employee is hired. The employees use a time clock to record the hours they work. The
employees are also required to keep a record of the time they spend working on each order. The supervisor approves all time cards. The accountant analyzes the job tickets and prepares a labor distribution summary. Payroll prepares the payroll register and paychecks. The supervisor distributes the paychecks to the employees. Payroll informs cash disbursement of the funds required to cover the entire payroll amount. The cash disbursements clerk ensures that there are adequate funds in the company's regular checking account to cover the payroll. Describe at least three internal control weaknesses; for each weakness suggest an improvement to internal control.
The Mumbai dabbawalas perform
A) a forward logistics function. B) a reverse logistics function. C) both a forward and a reverse logistics function. D) neither a forward nor a reverse logistics function.
Which of the following could be considered an operational definition for customer satisfaction?
a. a survey item asking about satisfaction on a 5-point scale b. number of customer complaints c. number of returns d. all of the above
Immen Corporation manufactures two products: Product B82O and Product P99Y. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products B82O and P99Y.Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$330,00015,000MHsMachine setupsNumber of setups$300,000500setupsProduct designNumber of products$46,0002productsOrder sizeDirect labor-hours$330,00010,000DLHsActivity MeasureProduct B82OProduct P99YMachine-hours7,0008,000Number of setups200300Number of products11Direct labor-hours3,0007,000Using the plantwide overhead rate, how
much manufacturing overhead cost would be allocated to Product P99Y? A. $704,200 B. $396,000 C. $301,800 D. $503,000