Why do managers care about capacity utilization? Are managers controlling costs when they control utilization?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (9 reviews)
Managers view capacity utilization as a measure of productivity In ad...View the full answer
Answered By
Irfan Ali
I have a first class Accounting and Finance degree from a top university in the World. With 5+ years experience which spans mainly from the not for profit sector, I also have vast experience in preparing a full set of accounts for start-ups and small and medium-sized businesses. My name is Irfan Ali and I am seeking a wide range of opportunities ranging from bookkeeping, tax planning, business analysis, Content Writing, Statistic, Research Writing, financial accounting, and reporting.
4.70+
249+ Reviews
530+ Question Solved
Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn
Question Posted:
Students also viewed these Managerial Accounting questions
-
Why might managers be more concerned about controlling costs than total quality management initiatives?
-
Why do managers of financial institutions care so much about the activities of the Federal Reserve System?
-
Do capacity utilization and efficiency describe the same thing? If not, how are they different?
-
During the year, the total actual cost of inventory produced for The Wood Legacy was $1,500,000 (assume no beginning or ending inventory balances). Actual manufacturing overhead was $300,000. Direct...
-
Crunchies, Inc., dominates the snack-food industry with its Salty Chip brand. Assume that Crunchies, Inc., purchased Healthy Snacks. Inc., for $5.8 million cash. The market value of Healthy Snacks'...
-
Eileen Corp. had the following balances in receivable accounts at October 31, 2025 (in thousands): Allowance for Doubtful Accounts \(\$ 52\), Accounts Receivable \$2,910, Other Receivables \(\$...
-
Curtis turbine is a: (a) reaction steam turbine (b) pressure compounded impulse steam turbine (c) velocity compounded impulse turbine (d) pressure-velocity compounded steam turbine.
-
The adjusted trial balance for Callahay Company as of December 31, 2011, follows. Required 1. Use the information in the adjusted trial balance to prepare (a) The income statement for the year ended...
-
Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet below. Job Cost Sheet Job Number:...
-
A standard of 0.3 ppm has been established for formaldehyde emission levels in wood products. Suppose that the standard deviation of emissions in an individual board is. Any lot that contains 1% of...
-
What is management by exception? Why is a standard cost system useful when managers control by exception?
-
What variances can be computed for direct material and direct labor when some materials or labor inputs are substitutes for others? What information does each of these variances provide?
-
Womens Shoes. According to research, foot length of women is normally distributed with mean 9.58 inches and standard deviation 0.51 inch. This distribution is useful to shoe manufacturers, shoe...
-
A snow-cone machine at an icecream shop costs \(\$ 15,000\). The machine is expected to generate profits of \(\$ 2,500\) each year of its 10-year useful life. At the end of the 10 years, the machine...
-
A small truck is purchased for \($17,000.\) It is expected to be of use to the company for 6 years, after which it will be sold for \($3,500.\) Determine the depreciation deduction and the resulting...
-
1. To develop an understanding of your ethical leadership style 2. To understand how your preferred ethical leadership style relates to other ethical leadership styles Directions 1. Please read the...
-
Consider the following Keynesian closed economy: Consumption \(\quad C=388+0.4(Y-T)-600 r\). Investment \(I=352-400 r\). Government purchases \(G=280\). Taxes \(\quad T=300\). Full-employment output...
-
What is the approximate magnitude of the electric field between the charge center and the ground? A. \(4 \times 10^{4} \mathrm{~V} / \mathrm{m}\) B. \(4 \times 10^{5} \mathrm{~V} / \mathrm{m}\) C....
-
Given the following specification of the Top operation: ItemType Top Assume Top is not a stack operation and Pop returns the item removed. Write this function as client code, using operations from...
-
H Corporation has a bond outstanding. It has a coupon rate of 8 percent and a $1000 par value. The bond has 6 years left to maturity but could be called after three years for $1000 plus a call...
-
A division reports the information below. What is the division's return on investment? a. \(37.5 \%\) b. \(30 \%\) c. \(15 \%\) d. \(40 \%\) e. \(2.5 \%\) Sales... Income.. Average assets. $500,000...
-
Machine Manufactures, Inc. projected sales of 66,000 machines for 2008. The estimated January 1, 2008, inventory is 6,500 units, and the desired December 31,2008, Inventory is 7,000 units. What is...
-
Ritter Corporation's accountants prepared the following financial statements for year-end 2010: 1. Explain the change in cash during 2010. 2. Determine the change in net working capital in 2010. 3....
-
At the end of its first year of operations, December 31, 2014, Darden Inc. reported the following information. Account receivable, net of allowance for doubtful accounts ....................$944,600...
-
You purchased 10 ASD June 45 puts and the company declares a 10% stock dividend. How are the terms of the option contract then changed?
-
Shawn Inc. proposed to install one Robotic Machine for his new project, an initial investment of CANVAS Technology will be $520,000 and the Robotic will be expected to generate net cash flows of at...
-
You anticipate the receipt of money in 200 days, which you will use to purchase stocks in a particular company. The stock is currently selling for $51 and will pay a $0.5 dividend in 50 days and...
Study smarter with the SolutionInn App