Einstein Bagels
Bonus: Mr. Flores
Budget
Decentralization
Responsibility Center
100
Einstein Bagels is located in this Cal Poly Pomona building (number).
What is 164?
100
This is Mr. Flores' favorite beverage brand.
What is Tecate?
100
This type of budget consists of a number of separate but interdependent budgets that formally layout the company's sale, production, and financial goals.
What is a Master Budget?
100
This term refers to a company's top management delegating authority to sub-units of the company.
What is decentralization?
100
A center that is also called an Expense Center.
What is Cost Center?
200
The company got its name from this famous scientist.
What is Albert Einstein?
200
Mr. Flores has this many sons.
What is two?
200
A flexible budget is an estimate of what revenues and costs should have been given THIS information.
What is the actual level of activity for the period?
200
Is it an advantage or disadvantage, to have more individuals share the work involved in decision making, thus in turn provides excellent training and development of future leaders of the company.
What is an advantage?
200
Dividing the business into four different parts of centers, allows the company to ______ costs easily.
What is Control?
300
Einstein Bagels' work in process consist of 300 bagels that is 40% complete. The equivalent unit of production is.
What is 120 bagels?
300
Mr. Flores's son is employed at this company which makes automobiles and water crafts.
What is Suzuki?
300
Name one of the four differences between the master and a flexible budget.
What is -flexible budget considers only variable costs but a master budget considers all costs. -flexible budget allows management latitude in meeting goals whereas a master budget is based upon a fixed standard. -master budget is for an entire production facility but a flexible budget is applicable to single departments only. -master budget is based on one specific level of production; a flexible budget can be prepared for any production level within a relevant range.
300
Is it an advantage or disadvantage, when a sub-unit makes a decision that is good for the sub-unit's financial results, but it means less than optimal results for the company as a whole.
What is a disadvantage?
300
The manager of an investment center has control over cost, revenue, and these.
What are investments in operating assets.
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