Benchmarking enables a company to determine whether it is making continuous improvement in its operations without regard to competition

Indicate whether the statement is true or false


F

Business

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__________involves developing product or service offerings customized for the appropriate customer segment and then pricing and communicating these offerings for the purpose of enhancing customer relationships

Fill in the blanks with correct word.

Business

South State, Inc used $153,000 of direct materials and incurred $63,000 of direct labor costs during the year

Indirect labor amounted to $270,000, while indirect materials used totaled $53,000. Other operating costs pertaining to the factory included utilities of $135,500; maintenance of $70,260; repairs of $53,400; depreciation of $133,000; and property taxes of $74,640. There was no beginning or ending finished goods inventory, but Work-in-Process inventory began the year with a $5,000 balance and ended the year with a $7,400 balance. How much is the cost of goods manufactured? A) $12,400 B) $1,003,400 C) $1,010,800 D) $1,005,800

Business

A state judicial system usually includes a(n) ____________________ court to handle deceased persons' estates

Fill in the blank(s) with correct word

Business

Discrepancy of assortment means

A. there are more producers than wholesalers. B. some producers can produce more products than others. C. consumers want more output than producers can make. D. the difference between the product lines the typical producer makes and the assortment wanted by final consumers or users. E. some consumers buy more products than others.

Business