Mundorf Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: FormingAssemblyTotalEstimated total machine-hours (MHs) 9,000 1,000 10,000Estimated total fixed manufacturing overhead cost$52,200$2,400$54,600Estimated variable manufacturing overhead cost per MH$2.00$2.10 During the most recent month, the company started and completed two jobs--Job B and Job H. There were no beginning inventories. Data concerning those two jobs follow: Job BJob HForming machine-hours 6,100 2,900Assembly machine-hours 400 600 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead
applied to Job B is closest to:
A. $45,567
B. $35,490
C. $2,988
D. $48,555
Answer: D
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Many established brands find that foreign markets offer the best opportunities for leveraging the equity in their domestic brands.
a. True b. False
__________ is the stage during which ideas for new products and technologies are born.
Fill in the blank(s) with the appropriate word(s).
Gloria, Angelica, and Roberto all work for Dr. Elena at Brite & Beautiful Dentistry. One day, Gloria was in the small parking lot behind the office and noticed a sizeable pool of water near the building, even though it had not rained recently. She and the others began to monitor the situation, and soon determined that they had a leak somewhere in the drainage pipes, so Roberto called a plumber. The plumber came out the next day, and though he agreed with their assessment that they had a leaky pipe, he could not find the exact spot where the water was leaking. Given that the pipes lay under concrete, digging them out would involve a great deal of time and expense-not to mention noise and dust. Then Angelica had an idea: since Dr. Elena, like many dentists, kept a small amount of
radioactive material on hand for making dental implants, they could release an extremely small portion through each of the sinks, toilets, and other drains in succession, then use a Geiger counter, which measures radioactivity, to locate the leak. Her coworkers scoffed, but Dr. Elena said it would be possible to release an amount of material too small to be harmful, but large enough to register on the Geiger counter. The plumber said it sounded like a good idea to him, and thanks to Angelica, within a little more than an hour's time, he had located the leak and was able to fix it with a minimum of trouble. In arriving at this solution, Angelica demonstrated one of the behaviors involved in adaptability, namely A. dealing with uncertain and unpredictable work situations. B. solving problems creatively. C. demonstrating interpersonal adaptability. D. learning work tasks, technologies, and work situations. E. handling emergencies or crisis situations.
If the Fed wants to permanently lower interest rates, then it should lower the rate of money growth if
A) there is fast adjustment of expected inflation. B) there is slow adjustment of expected inflation. C) the liquidity effect is smaller than the expected inflation effect. D) the liquidity effect is larger than the other effects.