Hugley Corp

question 73

Multiple Choice

Hugley Corp.recently installed three just-in-time work areas in its blank key-making division.The work areas will make large quantities of identical key blanks for door lock manufacturers.Select the best answer for how Hugley should run its business and account for product costs.

• A)Backflush costing
• B)ABC
• C)JIT and ABM
• D)ABC and backflush costing

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Definitions:

Technological Advances

The forward progression in technology leading to the development of new tools, systems, or methods that improve efficiency or effectiveness.

Turnover

The rate at which employees leave a company and are replaced by new hires, impacting an organization's performance and culture.

Organizational Commitment

The psychological attachment that an employee feels towards their organization, which can affect their willingness to stay with the company.

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and overall well-being.