Question 1

Responsibility accounting enables organizations to react quickly to deviations from their plans and to learn from feedback.

Group of answer choices

True

False

Question 2

The manufacturing process uses three machines: A, B, and C. Machine A takes one hour for the product to pass through. Machine B takes two hours for the product to pass through. Machine C takes one hour for the product to pass through. Machine B is an example:

Group of answer choices

an accelerant

a bottleneck

a variance

goal congruence

Question 3

Using the facts from the lecture, what is the required production for May?

Group of answer choices

5,200 units

4,600 units

5,600 units

6,200 units

Question 4

Using the facts from the lecture, how much materials should be purchased in May?

Group of answer choices

23,000 lbs

22,150 lbs

24,000 lbs

21,150 lbs

Question 5

Using the facts from the lecture, what are the total cash disbursements for material for the quarter?

Group of answer choices

$6,800

$18,500

$20,140

$5,600