Standards that are based on ideal conditions allow for waste in the production process, machine breakdown,...
Standards that are based on ideal conditions allow for waste in the production process, machine breakdown, or other inefficiences that might occur during production.
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Standards that are based on ideal conditions allow for waste in
the production process, machine breakdown,...
Ideal standards O do not allow for machine breakdowns, slack, or lack of skill (even momentarily)....
Ideal standards O do not allow for machine breakdowns, slack, or lack of skill (even momentarily). demand maximum efficiency. can be achieved only if everything operates perfectly All of these. O None of these. 4.5 points Save Answer QUESTION 13 If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labor rate variance and labor efficiency variance will be Labor Rate Labor Efficiency Variance Variance Favorable Favorable Favorable...
Think of a business or organization that would use process costing. What type of waste are...
Think of a business or organization that would use process costing. What type of waste are likely to be generated during the manufacturing process? Are there ways to avoid this waste or minimize it? How might managerial accounting support the efforts to reduce waste in the production process?
Question 2 (1 point) Standards based on the optimum level of performance under perfect operating conditions...
Question 2 (1 point) Standards based on the optimum level of performance under perfect operating conditions are a) normal standards. Ob) practical standards. Oc) attainable standards. d) ideal standards.
T/F Question 1 (2 points) A significant quality production problem, or a breakdown / shutdown of...
T/F Question 1 (2 points) A significant quality production problem, or a breakdown / shutdown of a workstation is more likely to have a negative impact on the entire production system in a "process layout" (a.k.a., job shop) than in a "product layout" (a.k.a., flow shop) True False Next Page Page 1 of 22
1. An aqueous waste stream in a metal finishing plant has a flow rate of 1000 gal/d and contains ...
1. An aqueous waste stream in a metal finishing plant has a flow rate of 1000 gal/d and contains 100 ppm of ionic copper (i.e., Cu2+). The waste stream has a very low pH of 0.3 because concentrated nitric acid is used in one of the etching processes. Engineers plan to treat the waste stream with slaked lime and raise the pH up to circumneutral. (a) Assuming nitric acid completely dissociates to H+ under these conditions, what concentration of HNO3...
QUESTION 16 Which of the following can be a problem with participative budgeting? Budget-based incentives lead...
QUESTION 16 Which of the following can be a problem with participative budgeting? Budget-based incentives lead to incorrect information about projected costs and sales (budgetary slack) being communicated to higher level management. All the other answers. Production budgets are established based on unrealistically low sales forecasts, leading to production being short of materials and labor. Conflicts of interest when lower level managers are evaluated by comparing actual results to the budget. 2 points QUESTION 17 Which component of the...
Duncanville, Inc., has the following overhead standards: Variable overhead: 4 hours at $8 per hour Fixed overhead: 4 hours at $10 per hour The standards were based on a planned ctivity of 20,000 machine hours. During the year, 5,000 units were schedul
Duncanville, Inc., has the following overhead standards:Variable overhead: 4 hours at $8 per hourFixed overhead: 4 hours at $10 per hourThe standards were based on a planned ctivity of 20,000 machine hours. During the year, 5,000 units were scheduled for production. Actual data follow.Variable overhead incurred: $167,750 Fixed overhead incurred: $210,000Machine hours worked: 19,800Actual units produced: 5,100The amount of variable overhead that Duncanville applied to production is:A.$158,400.B.$160,000.C.$163,200.D.$167,750E.not listed above.
a.TRUE or FALSE: The SCOR model is is a standardized measurement tool organized around the five...
a.TRUE or FALSE: The SCOR model is is a standardized measurement tool organized around the five primary supply chain management processes of plan, source, make, deliver and return. Group of answer choices True False b. The process of comparing one's business processes and performance metrics to the industry bests or best practices from other companies is called __________________ Group of answer choices integration. collaboration. benchmarking. sustainability. None of the above. c.TRUE or FALSE: Six Sigma is a statistics-based decision-making framework...
There are no units in process at the beginning of the period, 1,500 units in process...
There are no units in process at the beginning of the period, 1,500 units in process at the end of the period that are 40% complete, and 15,000 units transferred out during the period. Based on this information, there were 14,400 equivalent units of production during the period. True False
The process that makes bread rise during its preperation is the production of oxygen by glycolysis....
The process that makes bread rise during its preperation is the production of oxygen by glycolysis. True or False, then explain your answer.
Ideal standards O do not allow for machine breakdowns, slack, or lack of skill (even momentarily). demand maximum efficiency. can be achieved only if everything operates perfectly All of these. O None of these. 4.5 points Save Answer QUESTION 13 If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labor rate variance and labor efficiency variance will be Labor Rate Labor Efficiency Variance Variance Favorable Favorable Favorable...
Question 2 (1 point) Standards based on the optimum level of performance under perfect operating conditions are a) normal standards. Ob) practical standards. Oc) attainable standards. d) ideal standards.
T/F Question 1 (2 points) A significant quality production problem, or a breakdown / shutdown of a workstation is more likely to have a negative impact on the entire production system in a "process layout" (a.k.a., job shop) than in a "product layout" (a.k.a., flow shop) True False Next Page Page 1 of 22
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