Wasteful usage of variable overhead costs

Assignment Help Operation Management

Reference no: EM131441134

1. Wasteful usage of variable overhead costs such as indirect materials and utilities—i.e., misplacing or spilling indirect materials or leaving machines running and doors to refrigerated areas open— will show up as part of the variable overhead EFFICIENCY variance.

True/Fasle

2. In contrast to change forces, resistance forces support the status quo, that is, the existing conditions in an organization.

True

False

3. ?Specific, challenging goals provide a target for which to aim and a standard against which to measure success. True False

Reference no: EM131441134

Questions Cloud

Possess special traits that influence their behaviors : Charismatic leaders are said to possess special traits that influence their behaviors. Three such traits described in the chapter are envisioning, empathy, and empowerment. Servant leadership emphasizes being able to serve and lead. In your opinion, ..

Facility layout : Facility Layout: Identify one of the four types of layouts and discuss its characteristics. Provide an example of a local business or business that uses a process, product or fixed-position layout (Examples of local businesses are department stores, ..

What are the five perspectives of globalization : What are the five perspectives of globalization? Which perspective best describes the process? Give reasons.

Labor mix at company is changed by placing highly trained : If the labor mix at a company is changed by placing highly trained personnel in positions formerly held by assistants, the expected impact on the labor variances would be: The marketing managers of Point Inc. are having a conflict over how they can i..

Wasteful usage of variable overhead costs : Wasteful usage of variable overhead costs such as indirect materials and utilities—i.e., misplacing or spilling indirect materials or leaving machines running and doors to refrigerated areas open— will show up as part of the variable overhead EFFICIE..

Discuss the concept of cognitively distant opportunities : Discuss the concept of cognitively distant opportunities. Share an example of a past or recent innovation that you believe qualifies as a cognitively distant opportunity successfully seized by a leader or an organization. Explain why you believe this..

Completed-contract method : Cheyenne Construction Company began operations on January 1, 2017. During the year, Cheyenne Construction entered into a contract with Lundquist Corp. to construct a manufacturing facility. Completed-contract method. Gross Profit to be recognized $ C..

Project has been broken down into four iterations : You are the project manager for a project to add functionality to your company’s web site. The project has been broken down into four iterations (releases). Each of the iterations will take 20 days to complete at a cost of $20,000 per iteration.

Describe scope of activities of internal auditing function : Does your home state's jurisdiction (Ohio) follow a contributory or comparative negligence theory? How does this impact the outcome of lawsuits? What are the best situations to use secondary data and primary data respectively? Describe the scope of a..

User Account

All Pages