Question: On April 3 , Big Bucks Inc. allocated $ 1 0 , 0 0 0 for raw material cost. On August 3 , the actual

On April 3, Big Bucks Inc. allocated $10,000 for raw material cost. On August 3, the actual costs were $15,000, prompting management to intervene. What management style is Big Bucks demonstrating?
Report an error
Micromanagement
Total quality management
Management by default
Management by exception

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Need help finding the inputs and equations for the excel. Thank you! 1. Evaluate the relevant cash flows for the project. Note: Working capital has three components: Receivables, Inventories, and...

Q:

accounting project, need some help. got most of the answers, just would like a second look UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO...

Q:

Pac GIZMOS, INC. Gizmos, Inc. incorporated and will begin operations on January 1, 2022. Its primary business is the manufacture and sale of gadgets. Because cash resources are limited, the company...

Q:

Please, I need answers with step by step explanation. Thank you. Second Practice Midterm ACC3200, Spring 2017 Ex. No. Instructions: 1 You must write your name on this sheet as well as the scantron...

Q:

I need to create a cash balance for Guna Fibres Ltd Case 9 and need assistance with doing so. Cash Accounts Receivable Inventory Total Current Assets Gross PPE Accumulated Depreciation Net PPE Total...

Q:

Accounting Homework question rephrased/reformatted for clarification. Hello, I need help completing the following homework assignment: Record the daily transactions if appropriate, (some events do...

Q:

IFRS Financial Statements Position Paper The purpose of this assignment is to increase your knowledge of IFRS. You will review a PowerPoint presentation and type responses to the questions asked...

Q:

Could you help me to do an exercise with data at the choice of a company following the requests of the previous sheets? Mc Donald's ACTUAL French Fries Big Mac - Production = 1 000 5 ood - Price /...

Q:

This is an example of the question with answers: - X Data table A B C April May 2 Unit data: 3 Beginning inventory O 100 4 Production 500 475 5 Sales 400 555 6 Variable costs: 7 Manufacturing cost...

Q:

Sales Roles What do they know Production Sales Manager You want to sell 10,000 units in April, 15,000 in May, 8,000 units in June at $20 each. Business Development You know that our competitor is...

Q:

A company has the following information in its balance sheet: Cash: $10,000 Accounts Receivable: $20,000 Inventory: $30,000 Accounts Payable: $15,000 Calculate the company's current ratio and quick...

Q:

Gastric juice is made up of substances secreted from parietal cells, chief cells, and mucous-secreting cells. The cells secrete HCI, proteolytic enzyme zymogens, mucin, and intrinsic factor. The pH...

Q:

Answer Repere les repetitions et remplace-les par des pronoms. Marie enfile son manteau et Marie ferme son manteau completement. . . .... . ... Une pluie verglacante tombe sur la route et rend la...

Q:

What are some food related health care issues that inner cities are more likely to see than more affluent areas? Why are certain areas most likely to experience inadequate healthy food options than...