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Critical Thinking Questions Case 1-1 Perry has recently expanded his business from a sole proprietorship to include two new employees he has hired. As a result of this expansion, he is considering carefully how to save the workbooks that he and his employees will create, and what storage media would be the best for the workbooks. Perry decides that he will need to have access to particular workbooks on a variety of computers in the office. As a result, which of the following storage media is a good choice for him?
Labor Time Tickets
Documents used to track the amount of time an employee spends on different tasks, facilitating accurate labor cost allocation.
Supervision
The act of overseeing work performance and activities to ensure that goals are met and policies are followed.
Overhead Applied
The method of assigning a portion of indirect costs to specific production jobs or departments based on a predetermined rate.
Raw Materials
Basic materials that are used in the manufacturing process to produce finished goods.
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