The management accountant must design performance measures to evaluate and control JIT production.One of the dominant sources of information that the management accountant might use for this would be the personal observations of production line workers and team leaders.Another dominant source of information would be
A) inventory turnover ratio.
B) nonfinancial measures of time, inventory and quality.
C) material cost variances.
D) number of units sent to scrap/total scrap costs.
E) total setup time for machines/total number of units started and completed.
Correct Answer:
Verified
Q61: Just-in-time purchasing is guided solely by the
Q99: Party Animals orders 10,400 stuffed tigers per
Q101: The manufacturing manager of New Technology Company
Q102: Pure Sound Ltd.makes musical instruments.One of their
Q103: Echo Sound Ltd.makes musical instruments.One of their
Q105: Which of the following would be expected
Q107: A system that comprises a single database
Q108: Sudbury Ore Company mines nickel ore for
Q109: When goods and/or materials are purchased in
Q118: What are five features of a just-in-time
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents