Learning curves will help managers develop more accurate estimates of labor and material costs that are incurred during the production cycles. This statement is an application of learning curves in which of the following functions?

a. workforce planning and scheduling
b. cost estimation and budgeting
c. new product pricing
d. procurement negotiations in supply chains


b. cost estimation and budgeting

Business

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Inventories and prepaid assets are excluded from the numerator used to compute the quick ratio

a. True b. False Indicate whether the statement is true or false

Business

A company is setting its direct materials and direct labor standards for its leading product. Direct material costs from the supplier are $9 per square foot, net of purchase discount. Freight-in amounts to $0.30 per square foot. Basic wages of the assembly line personnel are $19 per hour. Payroll taxes are approximately 23% of wages. How much is the direct labor cost standard per hour? (Round your answer to the nearest cent.)

A) $4.37 B) $19.00 C) $23.37 D) $32.37

Business

A product that falls within the fair value zone of a value map is perceived to deliver benefits that are ________ the product's cost

A) greater than B) less than C) equal to D) unrelated to E) diminished by

Business

Who is protected under the Civil Rights Act of 1964? ..the Age Discrimination in Employment Act? …the ADA of 1990?

What will be an ideal response?

Business