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Use the information below to answer the following question(s) .Western Technologies Inc.produces dashboard displays.Actual fixed manufacturing overhead is the same as the budgeted amount, $687,500.Production in September increased by 10% over the previous month's production.August production was 25,000 displays.The production level is the same as the budgeted denominator level.At the end of September, 2,000 displays remained in stock.In August, all of the displays were sold by the end of the month and there was no remaining work in process inventory.
-When large differences exist between practical capacity and master-budget capacity utilization, companies can classify part of the large difference as
MBO Approach
Management by Objectives; a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.
Goals
Specific, measurable, achievable, relevant, and time-bound objectives that guide an individual's or organization's efforts.
Mystery Shoppers
Individuals employed covertly to evaluate customer service, product quality, and the overall environment of retail or service outlets.
Performance Appraisal
An evaluation of an employee's job performance against pre-established criteria.
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