Answer:
False
Explanation:
Master Production Schedule, is used to determine when the materials will be used to produce an item.
Master Production Schedule (MPS) gives a formal detail of the production plan and converts this plan into specific material and capacity requirements. The requirements with respect to labor, material and equipment are then assessed.
Master production scheduling helps keep customer delivery promises through delivering in a timely and cost-effective manner.
Answer:
QC
Explanation:
US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.
Answer:
$68,800
Explanation:
Let the direct material used be X,
Direct Material + Direct Labor + Over Head = Total product cost
X + $62,000 + $40,000 = $165,000
X + $102,000 = $165,000
X = $165,000 - $102,000
X = $63,000 Materials Used
Raw Materials used = Beginning Inventory + Purchased - Ending Inventory
Raw Materials used = Beginning Inventory + Purchased - [Beginning Inventory + $5,800]
$63,000 = Beginning Inventory + Purchased - Beginning Inventory - $5,800
$63,000 = Purchased - $5,800
Purchased = $63,000 + $5,800
Purchases = $68,800
Answer:
C) Atlanta Company
Explanation:
Let's bear in mind that equity is an advantage that allows your company to buy and sell more.
So more equity means more ability to buy and sell and less the possibility of going bankrupt.
Liability on the other hand also gives advantage in trade r company , so more liability shows strongness of the company.
Now let's compare the equity and liability of the both companies
Atlanta Company
Total liabilities $ 429,000
Total equity 572,000
Spokane Company
Total liabilities $ 549,000
Total equity 1,830,000
The equity ratio is about 1:3
While liability is about 1:1.2
So Atlanta company has more riskier structure
Answer:
d. making comparisons to direct attention to why differences in costs exist across companies.
Explanation:
- A benchmark is a simple comparison or evaluation of the business processes that measure productivity and time and costs.
- Used to measure the performance using specific indicators like cost, productivity and time per unit also referred to as the best practice of increasing the performance of the company.
- It has certain stages like the selection of subjects, definition of the process, identification of potential partners and collection of data.
