Answer:
Small
Explanation:
Fixed costs are the costs that do not change when output level changes, while variable costs are costs that change as output quantity changes.
When a production process is capacity constrained, it implies that there is a factor that does not allow it to produce more output. Examples of such factors are minor bottlenecks, constrained designs and resources, and others.
A process is said to be efficient when it can avoid waste of resources in producing desired output.
Efficiency improvement therefore occurs when more output can be produced with less resources.
In the question, given that the process is currently capacity-constrained, efficiency improvement will result in producing more output at higher costs because of high variable costs despite that the process has low fixed costs.
As a result, the impact of an efficiency improvement will be small because producing more output will result in incurring higher cost due to high variable costs that change as quantity of output changes. That is, the impact of efficiency improvement will be small because high variable costs with low fixed cost will result in higher production cost.
Answer and Explanation:
The fixed quantity inventory system, the quantity of an order or the lot size is fixed in nature i.e. the similar amount means the quantity is ordered each and every time. It could be managed by continonusly watching the level of inventory. Example - economic order quantity
On the other hand, the fixed period inventory system is a system in which the inventory is to be checked at fixed inventory. It is same as the periodic reveiw system instead of the continuous basis. Example - drugstore
Answer:
The correct answer is D: Manufacturing overhead= $45500
Explanation:
Giving the following information, we need to calculate the amount of manufacturing head.
Direct labor= $11000
Direct labor is 40% of prime costs
Total manufactured cost is= $73000
First, we need to calculate the direct material:
Prime cost= direct material + direct labor
If direct labor is 40% of prime costs, then:
Direct material=(11000*60/40=16500
Now, the manufactured cost formula is:
Manufactured cost= direct material + direct labor + manufacturing overhead
By rearranging the formula:
<u>Manufacturing overhead= Manufactured costs - direct material - direct labor= 73000- 16500-11000=$45500</u>
The five workers comprised a self managed or self organized team in which this describes a small group or a group of people which are employees that discusses a plan in which is about activities or duties that they ought to do. Which is being done without any guidance of any higher authority. It is being described above for the group of employee has decided to discuss about their issue without the help of their supervisor.
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.