Operations management in the service sector has grown more rapidly than the manufacturing sector. Operations management is the implementation aspect of management.
Answer: Evaluate demand
After setting the pricing objective, the next step in Amy's price-setting process is to evaluate demand
Explanation:
Financial reporting objectives for companies, according to the conceptual framework, are based on user needs, to be used as a periodic assessment of organizational performance.
<h3 /><h3>Financial reports</h3>
Responsible for supporting organizational decision-making, their objective is to analyze, monitor and report the performance of an organization, to determine the financial health of the business, demonstrate transparency and assist in the decision-making process.
Therefore, financial reporting objectives are based on user needs, ie a company uses such reports to measure performance, determine projections, analyze resource utilization and make more effective decisions.
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Answer: $36 per machine hour
Explanation:
Assuming Jackson Inc. applied overhead based on machine hours, the firm's predetermined overhead rate for 2019 would be calculated by dividing the budgeted factory overhead by the budgeted machine hours. This will be:
= $1,530,000 / 42,500
= $36 per machine hour