Question 47 (1 point) Management compensation packages can be based on a blend of both financial and non-financial performance measures True False Question 48 (1 point) For the month of July, the manufacturing Company "X"had zero units in beginning inventory of any kind, and started 1,200 units of which... 700 good units were completed and shipped out, 100 units were in WIP at the end of the month. $100,000 was spent on materials during the month (all incurred at the beginning of the manufacturing process! "Normal spoilage" is budgeted at 30% of the completed & shipped out good units. Inspections occur at the end of the manufacturing process For the month of July, unanticipated spoilage problems cost the company $17.500 $15.250 $15.833 $33,000 Question 49 (1 point) Tax authorities prefer the following method in setting Transfer Prices due to its simplicity/verifiability Institutional Cost-based Market-based Negotiated Question 50 (1 point) A Balanced Scorecard approach emphasizes both historical and future oriented measures that contribute to the success of an organization's strategy historical oriented measures that contribute to the success of an organization's strategy O future oriented measures that contribute to the success of an organization's strategy none of the listed answers are correct Question 51 (1 point) A clothing manufacturing company regularly takes product that is "off spec" and sells them at discounted prices in "bargain bin stores" The resultant lost revenue is an example of rework costs Ojoint costs spoilage costs O scrap costs