Variable service department costs should be charged to operating departments at the end of the period according to the formula:
A. Budgeted total cost x Percentage of peak-period capacity required.
B. Budgeted rate x Budgeted activity.
C. Actual rate x Actual activity.
D. Budgeted rate x Actual activity.
Answer: D
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An effective materials-handling system:
a. increases the number of stages and participants in the supply chain. b. moves inventory into, within, and out of a warehouse quickly with minimal handling. c. helps firms maintain their inventory at the highest levels possible. d. enables firms to increase the number of people handling their raw materials, supplies, and components.
Rubery (1978) argued that labour markets were not just structured by the actions of employers, but also ___________.
a. The actions of managers b. The ability of labour to maintain, develop, extend and reshape their organization and bargaining power c. The ability of capitalists to control management, who in turn controlled labour d. None of the above
Brooke enters into a contract with Max to purchase several electronic goods. Brooke claims to be Jack's agent, even though she is not. Which of the following agency relationships is formed if Jack honors the contract?
A) agency by estoppel B) agency by ratification C) agency by implied authority D) agency by agreement
With Agile Time Management scheduling is only done on a micro level and not a macro level
a. True b. False Indicate whether the statement is true or false