Quiz_Week6 - I missed 2 questions. 90%. 1. In...

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I missed 2 questions. 90%.
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1. In activity-based costing, supplier costs 1.  must be narrower, including only the purchase price. 2.  are allocated to products arbitrarily. 3.  include costs of quality, reliability and timeliness and are assigned to products on a causal basis. 4.  All of the above statements are true.
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2. Which of the following is NOT a trait of a JIT system? 1.  acceptable quality level 2.  long-term contracts 3.  multi-skilled labor 4.  high employee involvement
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3. The industrial value-chain analysis 1.  recognizes only complex linkages within the firm. 2.  is not compatible with differentiation strategies. 3.  determines a linked set of value-creating activities. 4.  requires a firm to operate across the entire value chain.
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4. Which of the following manufacturing costs is assigned to products in JIT environment using direct tracing? 1.  material handling 2.  repairs and maintenance 3.  custodial services 4.  all of the above
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5. Which stage in the marketing viewpoint is characterized by preproduction and startup activities? 1.  decline 2.  introduction 3.  growth 4.  maturity
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6. A firm that has implemented JIT had the following transactions: 1. Materials were purchased on account for $50,000. 2. Materials were placed into production. 3. Actual direct labor costs were $16,000. 4. Actual overhead costs were $30,000. 5. Conversion costs applied were $52,000. 6.
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Quiz_Week6 - I missed 2 questions. 90%. 1. In...

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