ANSWERS 1 TO 10 - 1. One goal of just-in-time systems is to...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1. One goal of just-in-time systems is to minimize inventory levels. (Points: 5) True False 2. Shula’s 347 Grill has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: Materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each steak dinner sells for $14.00 each. How much would Shula’s profit increase if 10 more dinners were sold? (Points: 5) $140.00 $62.60 $58.00 $82.00 3. Calculating the difference in revenue and the difference in cost between decision alternatives is called (Points: 5) budgeting production. incremental analysis. profit planning. systems development. 4. Which of the following is not one of the questions you should ask when faced with an ethical dilemma? (Points: 5) Do I think I will get caught? What decisions alternatives are available? Would someone I respect find any of the alternatives objectionable? What individuals or organizations have a stake in the outcome of the decision?
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

ANSWERS 1 TO 10 - 1. One goal of just-in-time systems is to...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online