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(Appendix 12B)Sheinberg Corporation Has Two Operating Divisions-A Consumer Division and a Commercial

question 24

Multiple Choice

(Appendix 12B) Sheinberg Corporation has two operating divisions-a Consumer Division and a Commercial Division.The company's Order Fulfillment Department provides services to both divisions.The variable costs of the Order Fulfillment Department are budgeted at $73 per order.The Order Fulfillment Department's fixed costs are budgeted at $425, 000 for the year.The fixed costs of the Order Fulfillment Department are budgeted based on the peak-period orders. At the end of the year, actual Order Fulfillment Department variable costs totaled $635, 485 and fixed costs totaled $443, 380.The Consumer Division had a total of 2, 340 orders and the Commercial Division had a total of 6, 190 orders for the year. How much actual Order Fulfillment Department cost should not be allocated to the operating divisions at the end of the year?

Grasp the concept of forecast accuracy and its importance in supply chain efficiency and responsiveness.

Learn why aggregate forecasts tend to be more accurate than disaggregate forecasts.

Recognize the significance of incorporating both the expected value and a measure of forecast error.

Understand the relationship between product lifecycle stages and forecasting difficulty.

Definitions:

Corporate Social Responsibility

Business practices involving initiatives that benefit society and go beyond the interests of the company.

High-Performance Climates

Work environments characterized by high levels of productivity, job satisfaction, and motivation, where employees are engaged and committed.

Information Technology

Applying computers, storage units, network systems, and other tangible tools, infrastructures, and techniques to produce, process, secure, and exchange any kind of electronic data.

Contingency Thinking

An approach that considers various possible futures or outcomes and prepares strategies accordingly.