products unit of hires at lower wages due to an unexpected strike by edule ad were unable to fill he production ornders on time, were inexperienced, and used more materials than allowed to make time for the purchase of improved machinery, iok ess ime for worksern a Dj sentot employees originally ssigned to a certain prodyction yob wre 14. The technique, were introduced for the first time by: A) IBM. B) Hewlett Packard. C) Toyota D) Samsung 15. Which of the following statements is correg? 1 A) Ideal standards should be used for both planning and control purposes B) Ideal standards can be defined as standards that are "tight but still attainable. C) Practical standards often encourage employees to sacrifice produet quality to achieve lower costs. assume the process is as efficient as possible under normal and better motivate employees. 16. Which of the following statements about the flexible budget is false? A) With a flexible budget a manager can determine what costs should have been incured at B) The flexible budget is useful for ex post performance evaluation purposes C) In a flexible budget, both variable costs and fixed costs will vary across different levels of a given level of activity. activity any level of actual costs within the relevant range. D) The flexible budget is a dynamic tool, in that a budget can be constructed to compare to production on the basis of direct labor hours. The company's choice of different levelsof budgeted direct labor hours will affect (ie., change):[ A) the variable portion of the predetermined overhead rate. B) the fixed portion of the predetermined overhead rate. C) both the variable portion and the fixed portion of the predetermined overhead rate. D) neither the variable portion nor the fixed portion of the predeternined overhendrate 17. A company has a standard costing system in which manufacturing overhead is appliedto