In which type of culture is the relationship valued more than punctuality and efficiency?
A) Time oriented
B) Egocentric
C) Power distance
D) Collectivist
E) Polychronic
Answer: E
Explanation: E) Polychronic cultures are more relaxed about time and punctuality. Polychronic cultures typically put people and relationships before schedules.
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Rent, electricity, and executive salaries that do not vary with production or sales level are referred to as ________ costs
A) fixed B) variable C) break-even D) target E) promotional
An advantage to a high level of stock turnover is that _____
a. there are few lost sales b. quantity discounts are high c. merchandise on shelves is fresh d. low prices affect gross margins
Explain the role of penal codes and regulatory statutes in criminal law
What will be an ideal response?
Babson Sugar, Inc has six processing departments for refining sugar—Affination, Carbonation, Decolorization, Boiling, Recovery, and Packaging
Conversion costs are added evenly throughout each process. Data from August for the Decolorization Department are as follows: Metric Tons Beginning Work-in-Process Inventory 0 Transferred in 12,500 Completed and transferred out to Boiling in August 8,000 Ending Work-in-Process Inventory 4,500 Costs Beginning Work-in-Process Inventory $0 Costs added during August Direct materials 2,500,000 Direct labor 1,200,000 Manufacturing overhead 625,000 Total costs added during August $4,325,000 The ending Work-in-Process Inventory is 100% and 75% complete with respect to direct materials and conversion costs, respectively. The weighted-average method is used. Compute the cost per equivalent unit for the units transferred to the Boiling process. (Round any intermediate calculations and your final answer to two decimal places.) A) $200.00 per metric ton B) $96.00 per metric ton C) $150.00 per metric ton D) $360.44 per metric ton