What is the bid price for the Winton High School job if the company uses a 40% markup of total manufacturing costs?

Which of the following is true regarding total productive maintenance (TPM)?

A) TPM is concerned with machine operation, not machine design. B) Field service and depot service perform virtually all maintenance and repair activities. C) Operators run their machines, but maintenance departments maintain them. D) TPM reduces variability through autonomous maintenance and excellent maintenance practices. E) TPM views maintenance and repair as tactical issues, not strategic ones.

Advantages of using credit are all of the following except

A) the ability to cover cash flow shortages. B) increases the number of checks written. C) the ability to buy large items earlier. D) convenience in making day-to-day transactions.