Special Exercises Jennifer Laurash Was a Middle Manager in Corporate America.She Switched

question 106

Multiple Choice

Special Exercises
Jennifer Laurash was a middle manager in corporate America.She switched to work as a full time mother when her children were young.Then she started the Tiny Little T-shirt Company in her basement.Her clothing line is now international.Match the following.You may use a response once,more than once,or not at all.
-She was having a problem deciding on what went in her business plan and heard of other businesses getting college business classes to design a plan for them.Where did she go to locate such a program?

• A)Active Corps of Executives (ACE)
• B)Service Corps of Retired Executives (SCORE)
• C)Small Business Development Center (SBDC)
• D)Small Business Institute (SBI)
• E)Small Business Administration (SBA)
• F)The National Association of Women Business Owners (NAWBO)

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Definitions:

Overhead Cost

Expenses related to the operation of a business that cannot be directly traced to a specific product or service, such as rent, utilities, and administrative costs.

First Stage Allocations

The initial process of distributing overhead costs to various cost pools or departments in activity-based costing.

Activity Rate

The cost driver rate in activity-based costing used to assign costs to cost objects, based on each cost object's usage or creation of costs.

Processing Activity

Refers to operations or work performed in a systematic sequence to alter materials or information.