An output of integrated MRP-JIT systems, which is unavailable in an only-MRP system, is a ______.
A. performance report
B. time-phased material requirement
C. total production cost
D. production schedule
C. total production cost
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According to the research, the Eastern Europe cluster scored high on ______.
A. in-group collectivism B. future orientation C. performance orientation D. uncertainty avoidance
Which of the following contracts are required to be in writing in most states?
A. contracts for the sale of goods priced at $100 B. contracts for the lease of goods with payments of $500 C. promises to transfer an ownership interest in real property D. handshake deals
Glendale Brands Company uses standard costs for its manufacturing division Standards specify 0.1 direct labor hours per unit of product. At the beginning of the year, the static budget for variable overhead costs included the following data:
Production volume 6,000 units Budgeted variable overhead costs $14,000 Budgeted direct labor hours (DLHr) 600 hours At the end of the year, actual data were as follows: Production volume 4,000 units Actual variable overhead costs $15,200 Actual direct labor hours (DLHr) 480 hours What is the variable overhead efficiency variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $1,866 F B) $1,866 U C) $2,534 F D) $2,534 U
Which of the following statements about the commercial crime insurance policy is true?
A) Loss from the unauthorized disclosure of confidential information is covered. B) Theft committed by the named insured or his/her partners is covered. C) Inventory shortages are only covered if proof of loss depends on an inventory computation or on a profit and loss computation. D) Indirect losses, such as loss of profits after a business is closed because of a burglary, are excluded. c