MTT (Set 5 with answer) 1) The following is selected information from the records of Ray‚ Inc.: Purchases of raw materials $ 6‚000 Raw materials‚ beginning 500 Raw materials‚ ending 800 Work-in-process‚ beginning 0 Work-in-process‚ ending 0 Cost of goods sold 12‚000 Finished goods‚ beginning 1‚200 Finished goods‚ ending 1‚400 What is the total amount of conversion costs? a. $5‚500 b. $5‚900 c. $6‚100 d. $6‚500 ANSWER: Choice "d" is correct. Conversion costs (labor and overhead)
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Questions 1‚ 2‚ 3‚ and 4 on page 249. 1. What is the difference between supply chain management and demand management? Supply chain management is concerned with the design and management of value-added process that not only cut across organizational boundaries but must be tightly integrated to allow information and materials to flow and be deployed within and across them. Demand management refers to decisions that are taken to affect the quantities demanded of one or more product that are served
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acceptance of solution clear responsibility speed 3 As a consequence of the information circulated by the grapevine in an organization‚ employees experience increased member satisfaction increased anxiety increased power increased certainty 4 Genepa Corporation manufactures home appliances and other electronic products. Genepa is planning to introduce a new refrigerator model. The marketing manager at Genepa has developed a marketing plan for this new product and wants to communicate this
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Managerial Issues Darrell Ramsey CMGT/445 02/16/2015 Michael Goyden Managerial Issues In the world of the internet and information technology the infrastructure is the physical that is used to connect computers and the users. Infrastructure also includes the transmission media such as the lines through telephones television satellites as well as any sort of routers antennas and any other devices that would control the transmission paths. When it comes to managing infrastructures this refers to
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Getting things done through people and other resources and providing leadership and direction are what managers do. True An example of global sourcing is seen when Gap‚ Inc uses low-cost Caribbean labor to cheaply produce their clothing‚ and then finish off and sell their clothing in the United States. True The manager’s function in an organization is the same as the supervisor’s. True Most early interpretations of the Hawthorne studies agreed that money was the cause of the increased output.
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Home Water Use Table of Contents: (1.) Water Use in the Industrialized World (2.) Activity: Water Use Calculator (3.) Activity: Drips and Leaks Water Use in the Industrialized World If you’re like most people in the developed world‚ you don’t think much about water. Clean‚ drinkable water is delivered into your residence almost invisibly‚ and it’s always there when you turn on a faucet. As such‚ most North Americans don’t see the need for water conservation‚ particularly those who live in
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Table of Contents Question Descriptions Page Question 1 Multiple Choice Questions 4 Question 2 Absorption costing and standard costing Use the information provided below to prepare the Budgeted Income Statement for the year ended 30 June 2013 using the absorption costing method 2.2.1 Calculate the direct labour efficiency variance 2.2.2 Explain 2 possible causes of an unfavourable direct labour efficiency variance 5 Question 3.1 Question 3.2 Question 3.3 Question 3.4
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The Lemonade Stand September 20‚ 2011 The Lemonade Stand Financial Analysis The Income Statement is the financial report that depicts the operating performance of a company (revenues less expenses generated = profit) over a specific period of time and facilitates the analysis of a company’s growth‚ cost‚ and profitability. This analysis focuses on the financial analysis of The Lemonade Stand during Season 1 and Season 2. The Balance Sheet is another type of financial statement used by a company
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CHAPTER 9 PROBLEM #2 A. PV= (-50‚000/1.40)- (20‚000/{1.40^2} + [100‚000/ (1.40^3] + [400‚000/(1.40^4) + {800‚000/[1.40^4] = -50‚000 + (10‚204) + 36‚443 + 104‚123+ 520‚616 = $ 615‚264 B. PV= (35‚714) + (10‚204) + 36‚443 + 104‚123 + 671‚688= $766‚336 C. (35‚714)+ (10‚204) + 36‚443+ 104‚123 + 1‚543‚256 = $1‚637‚904 D. PV AT 40%= $1‚637‚903.85 INVESTMENT @ $3‚000‚000.00 POST-MONEY VALUATION= $1‚637‚903.85 + 3‚000‚000= $ 4‚637‚903.85 PERCENT OF OWNERSHIP BY INVESTOR: $3‚000‚000/ $4‚637‚903
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Letter to a 20 or 21 Century Philosopher PHI/105 September 23‚ 2012 Letter to a 20 or 21 Century Philosopher I am writing this letter to John Dewey regarding his theory of pragmatism. I am choosing this theory because it interests me in the scientific aspect of your thinking. I know that you chose to challenge logicians to answer the question of truth. This is a hard thing to sort out and make real and true. Going up against some of the times most logical thinkers and challenging them
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