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answer to 80 - marketing managers never contribute to...

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71. Kirland Company collected the following information to prepare its cash budget for the first quarter of a recent fiscal period. Beginning cash balance $4,250 Capital Expenditures 3,000 Collections on account 23,000 Depreciation on factory equipment 1,000 Dividends 1,000 Period costs 11,100 Product costs (excludes depreciation) 20,150If Kirkland wants an ending cash balance of $4,000, how much will it have to borrow in the first quarter? (Points: 5) $12,000 72. The cost of customer ill will caused by a defective product is an example of a(n) (Points: 5) internal failure cost 73. Control charts may be used for each of the following except (Points: 5) decrease inspection costs 74. If a materials quantity variance is based on the amount of material used in a period, who should be held accountable for managing the variance? (Points: 5) cannot be determined from the information given 75. Which of the following statements is TRUE? (Points: 5)
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Unformatted text preview: marketing managers never contribute to production variances 76. All of the following are elements of a statistical process control chart except for: (Points: 5) three lines indicating control limits for the characteristic 77. Product variability has what effect on costs and customer satisfaction? (Points: 5) increases costs and decreases customer dissatisfaction 78. Holding all other factors equal, if net income increases, what will be the effect on return on investment (ROI)? (Points: 5) it will increase proportionately 79. All of the following are disadvantages of the just-in-time manufacturing philosophy except (Points: 5) having lower inventory levels decreases carrying costs 80. Bottlenecks are generally caused by (Points: 5) a machine that produces at a slower rate than other machines in the process...
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