Schlaefer Corporation is conducting a time-driven activity-based costing study in its Tech Support Department. The company has provided the following data to aid in that study:Schlaefer CorporationTech Support DepartmentData InputsResource Data: Number of employees 16 Average salary per employee$46,440 Weeks of employment per year 50 Minutes available per week (40 hours × 60 minutes) 2,400 Practical capacity percentage 90%?Activity Data:Routing CallsResolving ProblemsPreparing Change OrdersMinutes per unit of the activity162632?Cost Object Data:All CustomersNumber of calls routed43,740Number of problems resolved21,130Number of change orders prepared2,220?On the Capacity Analysis report in time-driven activity-based costing, the "unused capacity in minutes" would be
closest to:
A. 864,000 minutes
B. 407,740 minutes
C. 1,320,260 minutes
D. 635,870 minutes
Answer: B
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Which of the following is NOT a statistic that is associated with the measures of location of frequency distribution?
A) mean B) mode C) median D) maxima E) C and D
Most asset-based loans are financed against inventory and less often against accounts receivable.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
1. In terms of strategic planning, top and middle managers are more involved with planning, whereas the lower-level functional managers and employees implement the operational strategies on a day-to-day basis. 2. An important part of controlling is staying within the budget when appropriate or changing it when necessary to meet changes in the dynamic environment. 3. One reason strategic plans fail is that no action is taken to implement the strategy. 4. The current global trend is for companies to go it alone and compete head on. 5. While selecting strategies and planning, implementing, and controlling them, be sure to be ethical at all stages.
What should companies consider when expanding their reach internationally?
a. The challenges of having a homogenous workforce b. Maintaining their culture and norms despite cultural shifts c. Nothing; if they are small companies they will not be affected d. Diversity-related challenges and differing rules and regulations