Who among the following is associated with contributions to quality control in operations management?
A) Charles Babbage
B) Henry Ford
C) Frank Gilbreth
D) W. Edwards Deming
E) Henri Fayol
D
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Given the following information, determine the cost of goods sold.
A) $504,500
B) $613,500
C) $604,000
D) $296,500
When an investor purchases sufficient common stock to gain significant influence over the investee, what is the proper accounting treatment of any excess of cost over book value acquired?
a. The excess remains in the asset account until the investment is sold. b. The excess is immediately charged to expense in the period in which the investment is made. c. The excess is amortized over the period of time that is reasonable in light of the underlying cause of the excess. d. The excess is charged to retained earnings at the time the investor resells the common stock.
A business received an offer from an exporter for 10,000 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $20 Unit manufacturing costs: Variable 11 Fixed 1 What is the differential cost from the acceptance of the offer?
A) $200,000 B) $120,000 C) $140,000 D) $110,000
Why is privacy important when choosing a place to conduct an interview?
A. It ensures confidentiality B. It reduces anxiety C. It minimizes interruptions D. All of these