Which of the following is an ERP add-on system that organizes data by product, including designs, manufacturing specifications, quality, and warranty performance?
A. product life-cycle management
B. throughput
C. push manufacturing
D. pull manufacturing
Answer: A
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Which size category of banks generally has the largest spread?
A. Small banks B. Medium-sized banks C. The 100 largest banks D. The 10 largest banks
People in Western cultures tend to rely on which of the following form of reasoning?
a. inductive b. deductive c. both inductive and deductive d. neither inductive nor deductive
Arthur, Betty, and Clara each inherit an undivided one-third of an apartment complex. Instead of selling it, they decide to continue to operate it for the next few years as a sideline to their other occupations just to see if they can earn some extra money. What are they?
A) A partnership B) Co-owners only C) A corporation D) Tenants in common
Quatro Corporation manufactures two chemicals (Flextra and Hydro) in a joint process. Data from a recent month follow.Direct materials used: $360,000Direct labor: $150,000Manufacturing overhead: $690,000Manufacturing output:Flextra: 40,000 gallonsHydro: 120,000 gallonsFlextra sells for $15 per gallon and Hydro sells for $20 per gallon.Required:A. Compute the total joint costs to be allocated to Flextra and Hydro.B. Compute the joint costs that would be allocated to Flextra by using the physical-units method.C. Compute the joint costs that would be allocated to Hydro by using the relative-sales-value method.D. Assume that Hydro can be converted into a more refined product, Hydro-R, in a totally separable process at an additional cost of $4 per gallon. If the refined product can be sold in
the marketplace for $26 per gallon, compute the net realizable value of Hydro-R. What will be an ideal response?