Questions from Managerial Accounting


Q: What does the breakeven time (BET) metric for the product

What does the breakeven time (BET) metric for the product development process measure?

See Answer

Q: What is the additional cost of replacing one unit of a product

What is the additional cost of replacing one unit of a product rejected at inspection and scrapped?

See Answer

Q: What costs and revenues are relevant in evaluating the profit impact of

What costs and revenues are relevant in evaluating the profit impact of an increase in sales?

See Answer

Q: The theory of constraints relies on three measures: throughput contribution,

The theory of constraints relies on three measures: throughput contribution, investments, and operating costs. Define these three measures in the context of the theory of constraints.

See Answer

Q: What is the difference between process and product layout systems?

What is the difference between process and product layout systems?

See Answer

Q: What is group technology?

What is group technology?

See Answer

Q: Describe the lean manufacturing approach.

Describe the lean manufacturing approach.

See Answer

Q: Quality engineering, quality training, statistical process control, and supplier

Quality engineering, quality training, statistical process control, and supplier certification are what kinds of quality costs?

See Answer

Q: List three examples for each of the following quality costing categories:

List three examples for each of the following quality costing categories: a. Prevention costs b. Appraisal costs c. Internal failure costs d. External failure costs.

See Answer

Q: How is a just-in-time manufacturing system different from

How is a just-in-time manufacturing system different from a conventional manufacturing system?

See Answer