Companies may provide for extra capacity in anticipation of future increases in demand for their products or services. Such extra capacity is called ______.
a. a capacity cushion
b. overproduction capability
c. waste
d. flexible capacity
a. a capacity cushion
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A purchase of raw materials from a supplier is a(n) ____________________ event
Fill in the blank(s) with correct word
What is groupthink? Briefly describe the causes of groupthink and ways to avoid it.
What will be an ideal response?
In the context of customer relationship management, every interaction with a customer or a potential customer is a(n) ________
A) value proposition B) irrelevant cost C) service contact D) touch point E) sales contact
Wintergreen Products allocates overhead based on direct labor hours. During 2011 overhead was overapplied by $4,000. Assuming that the year-end adjustment to clear out the overapplied overhead has not yet been done, which of the following statements is most likely true if there are no ending inventories?
A) Direct material costs are understated B) Direct labor costs are understated C) Cost of goods sold is overstated D) Net income is overstated