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Business, 28.02.2020 04:01 tagpro85

After performing a thorough study of Michigan Company's operations, an independent consultant
determined that the firm's labor standards were probably too tight. Which one of the following facts
would be inconsistent with the consultant's conclusion?

a. A review of performance reports revealed the presence of many unfavorable efficiency
variances.
b. Michigan's budgeting process was well-defined and based on a bottom-up philosophy.
c. Management noted that minimal incentive bonuses have been paid in recent periods.
d. Production supervisors found several significant fluctuations in manufacturing volume, with
short-term increases on output being followed by rapid, sustained declines.

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