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2 years ago

Operations management is the management of:

1 answer:

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designing and controlling the process of production and redesigning business operation in the production of goods and services.

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When a company shifts from a traditional cost system in which manufacturing overhead is applied based on direct labor-hours to a

Dimas [21]

Answer:

True

Explanation:

An activity based costing (ABC) system assigns resources to the different production activities, and then unit costs are determined by the proportion of the production activities that every unit requires.

This is a much more complex costing method than just assigning overhead costs based on direct labor hours or machine hours.

6 0

2 years ago

Based on the pure expectations theory, is the following statement true or false?

Annette [7]

Answer:

The correct answer is letter "B": False.

Explanation:

The Pure Expectations Theory uses long-term interest rates to predict future interest rates in the short run. Investors consider different investments to predict future interest rates. In the example, the statement indicates the opposite. It is taking a short-term interest rate (one-year bond), to calculate the return of a long-term investment (five-year bond).

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2 years ago

Exercise 8-16 Disposal of assets LO P2 Diaz Company owns a milling machine that cost $250,000 and has accumulated depreciation o

kogti [31]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $0

Accumulated Depreciation-Machinery Dr, $182,000

Loss on Disposal of Machinery Dr, $68,000

To Machinery $250,000

(Being Equipment disposed is recorded)

2. Cash Dr, $35,000

Accumulated Depreciation Dr, $182,000

Loss on sale of Machinery Dr, $33,000

To Equipment $250,000

(Being Equipment sold is recorded)

3. Cash Dr, $68,000

Accumulated Depreciation Dr, $182,000

To Equipment $250,000

(Being Equipment sold is recorded)

4. Cash Dr, $80,000

Accumulated Depreciation Dr, $182,000

To Gain on sale of equipment $12,000

To Equipment $250,000

(Being Equipment sold is recorded)

7 0

2 years ago

A 50 year old customer receives an inheritance of $1,000,000 which he places with an investment adviser to invest with the objec

AfilCa [17]

Answer: 10%

Explanation:

Given that :

Worth of investment = $1,000,000

Worth after 1 year = $1,300,000

Worth after 2 years = $1,200,000

From the above, investment recorded $300,000 increase after one year and $100,000 Depreciation at the end of the second year.

Therefore, Net increase:

$300,000 - $100,000 = $200,000 (after 2 years)

Therefore, average yearly/annual increase = $200,000 / 2 = $100,000

Therefore, the annual return on the investment is :

(Annual increase / investment worth) × 100%

(100,000 : 1,000,000) × 100%

0.1 × 100% = 10%

= 10%

8 0

2 years ago

Which of the following is true of grapevine communication? a. It has a reputation for being speedy but inaccurate. b. It passes

Tomtit [17]

Answer:

The correct answer is a. It has a reputation for being speedy but inaccurate.

Explanation:

Taking into account the nature of this type of information (Informal), the idea that the greatest advantage is speed is reinforced because it is not necessary to comply with a series of regular channels such as authorizations or document printing to transmit the message. . However, within informal communication, a series of interpretations is usually generated that can generate a wrong handling depending on the person who receives it, so it is not advisable to do this unless the importance of the message is low and it can be communicated assertive way.

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2 years ago

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