Equivalent production is also called

A) conversion costs.
B) completed work cell units.
C) equivalent units.
D) equivalent transfer.


C

Business

You might also like to view...

Answer the following statement(s) true (T) or false (F)

1. Reduction in throughput is a performance measure used by theory of constraints to evaluate the effectiveness of improvements. 2. Services are not difficult to schedule as compared to manufacturing because they are not typically labor intensive. 3. An advantage of the DBR (drum-buffer-rope) method is that it maximizes the need for holding inventory. 4. In the assignment method, only one job can be assigned to one machine. 5. Maximizing the time is an objective of the assignment method.

Business

A client of your firm has a landscaping business. He has no partners, and he has never incorporated

He is operating: A) a sole proprietorship. B) a limited liability corporation. C) a corporation. D) an S corporation.

Business

A partner has implied authority to:

a. hire and fire employees necessary for operation of the business. b. purchase property necessary for the business. c. receive performance of obligations due the partnership. d. bring legal actions to enforce claims of the partnership. e. All of these.

Business

Courts typically set aside contracts because a party did not volunteer pertinent information

Indicate whether the statement is true or false

Business