Which of the following is an impact of demand management activities on human resources?
a. Demand influences capital investments.
b. Demand impacts new product introductions.
c. Demand influences supply chain design.
d. Demand determines employee head count and overtime for current workers.
d. Demand determines employee head count and overtime for current workers.
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The key to using customer service to develop long-term relationships is to view service as a way of differentiating your product from the competition
Indicate whether the statement is true or false
Briton Inc. has two processes—Coloring Department and Mixing Department. Briton sold 350 gallons on account at $110 per gallon. The total cost of processing was $385,000 for 5,500 gallons of paint. Throughout the year, the company used a predetermined overhead allocation rate to allocate $75,000 and $65,000 of indirect costs to the Coloring Department and Mixing Department, respectively. The actual overhead cost incurred amounted to $150,000 at the end of the year
Record the necessary journal entries for the sale of goods and for adjustment of over- or underallocated manufacturing overhead at the end of the year. Briton uses the perpetual inventory system and process costing.
Drive Safe, Inc. a leading manufacturer of car spare parts, divided its manufacturing process into two Departments - Production and Packing. The estimated overhead costs for the Production and Packing departments amounted to $14,000,000 and $20,000,000, respectively. The company produces two types of parts - Part 1 and Part 2. The total estimated labor hours for the year were 40,000, and estimated machine hours were 35,000. The Production department is mechanized, whereas the Packing department is labor oriented. Calculate the amount of manufacturing overhead costs allocated to Part 1.
Amortizing a bond premium will ________ the premium balance and ________ the carrying value of the bond so that when the bond matures the carrying value will ________ the face value.
A. decrease? decrease? equal B. decrease? increase? equal C. increase? decrease? be greater than D. decrease? increase? be greater than