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Under a kaizen system A) goals can be changed as frequently as a few times a year. B) one or more processes can be targeted for improvements leading...
32. Under a kaizen system A) goals can be changed as frequently as a few times a year. B) one or more processes can be targeted for improvements leading to cost reductions. C) prior period actual results are the base (starting) point for the subsequent period. D) All of the above (A, B, and C) are correct. 33. Which of the following statements about activity measures is false? A) The activity measure should be one that varies in a similar pattern to the way that variable overhead varies. B) As automation increases, increasing numbers of firms are switching to measures such as machine hours or process time for their activity measures. C) dollar measures are a good basis because they are subject to price-level changes and fluctuate more than physical measures. A) a debit to the direct materials quantity variance for $4,000. B) a debit to the direct materials price variance of $1,000. C) a credit to cost of goods sold for $4,000. D) a debit to work-in-process for $11,000.
