Acme Company commenced operations in July. On July 31, the location of Acme’s manufacturing costs added during the month of July is as follows: In July, Acme’s overhead costs were underapplied by $12,500, which is a material amount. What is the ending balance of finished goods inventory after Acme makes the proper adjustment for the underapplied overhead?  

Which of the following statements regarding job costing is true?  

Risk case scenario: Magnitude of consequence = 100, Probability of occurrence = 0.1 According to the lecture, which of the following numerical values best represents lay people’s estimation of risk?

A potential customer asks Acme Company to bid on a job. Acme submits a bid price of $4,200, which includes the applicable sales tax of 5.0%. The customer accepts the offer and pays the bid price with a credit card. The credit card company charges Acme a 3.0% processing fee. What amount of net sales revenue does Acme recognize from this transaction? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

A potential customer asks Acme Company to bid on a job. Acme submits a bid price of $2,100, which includes the applicable sales tax of 5.0%. The customer accepts the offer and pays the bid price with a credit card. The credit card company charges Acme a 3.0% processing fee. What amount of net sales revenue does Acme recognize from this transaction? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

The level of product availability, also referred to as the ________, is one of the primary measures of a supply chain’s responsiveness.

The amount of energy that strikes the surface of an object is known as what? 

A worker at the historical society is responsible for copying old handwritten notes and documents by hand – they have to read the old documents and rewrite them on paper, attempting to imitate the style of the writing so they still ‘appear’ historical. This allows the society to store the original copies safely, but still have something to display to visitors.  The workstation has 3 lamps. All three lamps have a luminous flux (F) of 500 lm. All three lamps are 2 years old and have a maintenance factor (MF) of 0.73 (the room is quite dusty). The work surface area is . Use the equation below and a utilization factor (UF) of 0.85 to calculate the illuminance at the work surface. Recall that E is the illuminance. 

Define coefficient of variation and provide a specific example to support your answer. (In order to receive full credit, your answer should be at least 1 paragraph in length)

List the 2 forms of supply chain assets and provide an example of each to support your answer. (In order to receive full credit, your answer should be at least 1 paragraph in length)