Employees will participate in the management of their own performance
a. If the supervisor forces them to
b. If they know the supervisor expects them to
c. If they are an exceptional performer
d. None of the above
b
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Underfoot Products uses standard costing. The following information about overhead was generated during May: Standard variable overhead rate $2 per machine hour Standard fixed overhead rate $1 per machine hour Actual variable overhead costs $390,000 Actual fixed overhead costs $175,000 Budgeted fixed overhead costs $190,000 Standard machine hours per unit produced 10 Good units produced 18,000
Actual machine hours 200,000 Using the above information provided for Underfoot Products, compute the fixed overhead budget variance. A) $5,000 (F) B) $5,000 (U) C) $10,000 (F) D) $15,000 (F)
Lexus dealers compete with ____________ for service sales
a. Toyota dealers b. Lexus manufacturers c. BMW dealers d. the best independent repair garages e. all of the above
A swim club is designing a new pool to replace its old pool. The new pool would need to last for 10 years since the club is planning on relocating after 10 years. A concrete shell would cost $100,000 and last for all 10 years
Another option is to install a vinyl liner that would cost only $75,000 to install. However, the vinyl is not guaranteed to last for all 10 years, and it has a 33% chance of breaking down. Repair of the vinyl would cost $40,000 and would extend the life of the vinyl liner to the 10-year mark. If both options are acceptable to the swim club, which one minimizes their cost?
The product life cycle concept is concerned with planning for product recycling to protect the environment.
Answer the following statement true (T) or false (F)