In retail, the manufacturing phase does not exist, so the term _____ refers only to purchasing of finished goods and the delivery to customers of those goods.
Fill in the blank(s) with the appropriate word(s).
supply chain
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Advertisements in a local newspaper for a locally owned garden center are examples of ________ advertising.
A. industrial B. co-op C. national D. trade E. retail
What is the rule of 3?
What will be an ideal response?
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 4,400 direct labor-hours will be required in January. The variable overhead rate is $1.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $60,280 per month, which includes depreciation of $17,160. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
A. $48,840 B. $5,720 C. $66,000 D. $43,120
A good measure that can be used to help assess whether a not-for-profit organization is spending too much on overhead, such as general and administrative expenses, is:
A. Total revenues divided by total expenses. B. Current ratio. C. Percentage of program expenses to total expenses. D. Percentage of unrestricted net assets to operating expenses.