Answer:
b) To the manufacturing sector exclusively.
Explanation:
Operations management
It is one of the administration of the business practice , which enable to create very high efficiency within the organisation .
This administration is concerned with converting the labor and the material into services and goods , in order to maximize the profit of the organization .
The operations management team attempt to balance out the cost with the revenue in order to get the highest net operating profit possible .
It is exclusive to the manufacturing sector only .
Answer: b. select appropriate corporate-level strategies
Explanation:
Prior to setting pricing options for its products to maximize profit, a company must select appropriate corporate-level strategies.
This is necessary in order to ensure that the strategies aligns with what the organization is willing to do in order to achieve its profit maximization goal.
Answer:
Jason's accountant should consider a single plantwide rate to correct the problem.
Explanation:
If a company manufactures products that consume factory overhead costs in different ways, a single plantwide rate may not accurately allocate factory overhead costs to the products and cause cost distortions. Cost distortions can cause companies to lose sales and make incorrect decisions on expanding production.
Answer:
I would think about what I could use to get my audiences attention and something that would be interesting for everyone so that everyone can learn something.
Explanation:
Answer:
B. Cost of goods sold will be too low by $5,000.
Explanation:
Overstatement in closing inventory has two effects. First in income statement, that the cost of goods sold is decreased by the same amount that is overstated. Second is overstatement of Inventory value in the asset section of balance sheet. According to the given scenario The effect of this event should be as cost of goods sold will be too low by $5,000.
