Answer:
a) Taylor Industries can successfully cut back its labor cost in inventory stockrooms by counting only high-value items. These items are determined by reference to their Annual Usage values. The items' annual usage values should be used as the activity cost pool for accumulating and allocating labor cost in inventory stockrooms. Taylor Industries can establish a benchmark or cutoff point so that only the items meeting this benchmark are counted. For example, the items with annual usage value above $5,000 should be included in the items to be counted. This strategy will reduce the number of items to be counted and therefore the labor cost.
b) Since item 15 is critical to Taylor Industries' continued operations, it should be classified as a direct materials cost and not an overhead cost.
Explanation:
a) Data and Calculations:
a random sample of 20 of Taylor's items:
ITEM NUMBER ANNUAL USAGE ITEM NUMBER ANNUAL USAGE
1 $ 1,500 11 $ 13,000
2 12,000 12 600
3 2,200 13 42,000
4 50,000 14 9,900
5 9,600 15 1,200
6 750 16 10,200
7 2,000 17 4,000
8 11,000 18 61,000
9 800 19 3,500
10 15,000 20 2,900
Average annual usage value = $12,657.50
During the final or phaseout stage of the project life-cycle, scope is the dominant goal of many project managers.
Advertising sales agents typically work under the direct supervision of a manager or supervisor. True.
Initally, an advertising sales agent works under the direct supervision of a manager or supervisor. They are trained and coached by those who are experienced in the field. Once the sales agent has completed a set amount of hours (based on different agency requirements) they are no longer required to complete check-ins as often. These sales agents are then on their own most of the time by setting their own hours for work as long as they meet company goals.
Option C. When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.
<h3>What is meant by reliability?</h3>
This is the term that is used to refer to the fact that the test is consistent and if it is replicated over and over again it is still going to keep producing the same results as it first did.
Reliability is one of the attributes or characteristics of a good test or research. Hence we can conclude that When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.
Reda more on reliability here: brainly.com/question/1265793
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