What strategy posits that firms must predetermine precise patterns in their activities and then impose them on their work through some kind of formal planning process?
a. Deliberate strategy
b. Formal strategy
c. Intended strategy
d. b and c above
a. Deliberate strategy
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The party promising to pay a note at maturity is the payee
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Wineman Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead$153,425 Budgeted fixed manufacturing overhead 352,925 Total budgeted manufacturing overhead$506,350 Budgeted production (a) 25,000units Standard hours per unit (b) 1.90machine-hours Budgeted hours (a) × (b) 47,500machine-hours Applying Overhead: Actual production (a) 23,000units Standard hours per unit (b) 1.90machine-hours Standard hours allowed for
the actual production (a) × (b) 43,700machine-hours Actual Overhead and Hours: Actual variable manufacturing overhead$107,000 Actual fixed manufacturing overhead 336,925 Total actual manufacturing overhead$443,925 Actual hours 42,800machine-hours ?The variable overhead rate variance is: A. $31,901 F B. $31,244 F C. $31,901 U D. $31,244 U
A disadvantage to the use of quick response (QR) inventory planning is that a retailer may not have adequate alternative sources of supply
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Trust is something you establish immediately
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