Garcia Company uses the weighted average method in its costing system. For the month of May in the Assembly Department, the equivalent units for conversion costs amounted to 35,000. There were 5,000 units in beginning work-in-process that were 50% complete. During the month, 33,000 units were started and 31,400 were completed and transferred. The ending work in process consists of:
A) 5,000 units
B) 7,000 units
C) 6,600 units
D) 3,600 units
C
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Which of the following is NOT one of the fundamental things which managers can, and should, keep in mind when looking to work with, enhance the productivity of, and motivate their employees?
A. Trust and respect B. Approval, praise and recognition C. Authorize D. Enrichment E. Treasure
Nothing is too good for my cats, so all their food is custom made at Catastic, who operates a specialty organic food mill in an adjacent state. We need 500 pounds of food per year, distributed evenly throughout the year
It costs $20 shipping and handling to place and receive an order for this delicious food. The cats are fed only on week days, so the 500 pounds per year translates to 2 pounds per day (we go out to restaurants on the weekends). Of course, my cats don't always eat exactly 2 pounds per day, their demand could more precisely be described as an average of 2 pounds and a standard deviation of 0.3 pounds per day. It takes ten days on average to receive an order for food once I place it. It costs $35 to hold a pound of food in inventory for a year and the food costs $850 per pound. It's expensive, yes, but again, nothing is too good for my cats. What amount should I order and when should I order it if I want only a 1% chance of running out of food for my cats? What will be an ideal response?