6. Roncy Manufacturing uses enhanced powder plastics (EPP) to manufacture a high-pressure board, Dura-Plastic. Information concerning its operation in June was as follows: Master Budget units of Dura-Plastic to manufacture 8,000 Units of Dura-Plastic actually manufactured 9,000 Budgeted amount of EPP to purchase 70,000 oz. EPP material actually purchased 76,000 oz. EPP material actually used in production 72,000 oz. standard cost of EPP actually used in production $478,800 standard quantity of EPP per unit of Dura-Plastic 7.5 oz. Cost of EPP purchased $574,560 The direct materials usage (efficiency) variance for June was: Select one: a. $13,300 unfavorable b. $26,600 unfavorable c. $29,925 unfavorable d. $34,020 unfavorable 7. The term Six Sigma refers to: Select one: a. The control limits established in a Pareto-analysis chart. b. A quality-performance standard that requires all products and services to meet the target value exactly, with no variation. c. A business process-improvement approach that seeks to find and eliminate causes of defects and errors. d. The quality expectation embodied in a robust-quality performance standard. e. The quality requirement specified for ISO 9000 certification 8. A proper role for accounting in terms of managing and controlling quality is all of the followingexcept Select one: a. Providing management with relevant financial information for decisions related to quality-oriented initiatives b. Providing management with relevant nonfinancial information for decisions related to quality-related initiatives c. Specifying quality-related goals and objectives for the organization d. Identifying operational constraints e. Participating in the development of Six-Sigma quality-related goals 9. Which one of the following statements pertaining to the return on investment (ROI) as a divisional performance measure is incorrect? Select one: a. When the average age of assets differs substantially across divisions of a business the use of ROI ma
6. Roncy Manufacturing uses enhanced powder plastics (EPP) to manufact
6. Roncy Manufacturing uses enhanced powder plastics (EPP) to manufacture a high-pressure board, Dura-Plastic. Information concerning its operation in June was as follows: Master Budget units of Dura-Plastic to manufacture 8,000 Units of Dura-Plastic actually manufactured 9,000 Budgeted amount of EPP to purchase 70,000 oz. EPP material actually purchased 76,000 oz. EPP material actually used in production 72,000 oz. standard cost of EPP actually used in production $478,800 standard quantity of EPP per unit of Dura-Plastic 7.5 oz. Cost of EPP purchased $574,560 The direct materials usage (efficiency) variance for June was: Select one: a. $13,300 unfavorable b. $26,600 unfavorable c. $29,925 unfavorable d. $34,020 unfavorable 7. The term Six Sigma refers to: Select one: a. The control limits established in a Pareto-analysis chart. b. A quality-performance standard that requires all products and services to meet the target value exactly, with no variation. c. A business process-improvement approach that seeks to find and eliminate causes of defects and errors. d. The quality expectation embodied in a robust-quality performance standard. e. The quality requirement specified for ISO 9000 certification 8. A proper role for accounting in terms of managing and controlling quality is all of the followingexcept Select one: a. Providing management with relevant financial information for decisions related to quality-oriented initiatives b. Providing management with relevant nonfinancial information for decisions related to quality-related initiatives c. Specifying quality-related goals and objectives for the organization d. Identifying operational constraints e. Participating in the development of Six-Sigma quality-related goals 9. Which one of the following statements pertaining to the return on investment (ROI) as a divisional performance measure is incorrect? Select one: a. When the average age of assets differs substantially across divisions of a business the use of ROI ma
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