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vagabundo [1.1K]
4 years ago
13

TDS Corporation updates its five-year plan annually to take into account changing conditions within the organization and in the

organization's external environment. Which of the following best explains this plan implemented by TDS Corporation?a. short-term plan b. standing plan c. rolling plan d. single-use plan
Business
1 answer:
andreev551 [17]4 years ago
8 0

Answer:

c. rolling plan

Explanation:

The rolling plan is the plan which is to be reviewed and updated on daily basis or we can say it is a flexible plan which can be changed according to the conditions arrived or as per the environment

So according to the given scenario,  TDS Corporation updates its five-year plan annually which can be updated or revised so it could be term as a rolling plan

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The correct answer is d. All of these are correctly matched.

Explanation:

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A golf ball manufacturer gives us its data for the year: WIP Inventory, January 1 Units started Units completed and transferred
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Or None of these as total cost is $ 10,779+$ 10,081= $20860 for units transferred out

Explanation:

                                         

                                              Units         % of                       Eq. Units

                                                              Completion      D.M          Conversion

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transferred out                 6,400 units         100%            6400           6400

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Direct labor                    $7,400

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Conversion Cost per unit=   $13011 / 8260= 1.575=$ 1.58

Direct Material Cost for Completed units = 6400 * $1.684= $ 10,779

Conversion Cost for Completed units = 6400 *1.575= $ 10,081

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