A labor union in which all of the members have a particular skill or occupation is known as a(n) ________ union.
A. industrial
B. craft
C. regional
D. employer's
E. common
Answer: B
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The amount of federal income taxes withheld from an employee's gross pay is recorded as a(n)
a. payroll expense b. contra account c. asset d. liability
________ is less expensive, faster, and more flexible than other methods of data collection
A) Mail surveying B) Telephone surveying C) The mall intercept D) The focus group E) Online data collection
The acronym MNC stands for
A) Mexican National Committee (for international trade) B) Maquiladora Negates Competition C) Maytag-Nestlé Corporation D) Multinational Corporation E) Maritime Navigation Company
Geneva Powder Company produces body powders in batches. Each type of powder can be sold in its current condition or processed further and specialized for high-priced department stores. Joint processing costs are $200,000. Data concerning the various products appear below:Type of PowderNumber of Pounds Price per Poundat Split-Off Further Processing Costs Price after Processing FurtherCosmetic Powder 200,000 $10 $150,000 $11.50 Medicated Powder 400,000 $8 $60,000 $8.40 Baby Powder 50,000 $5 $80,000 $5.50 Required:(a) Determine which products should be sold at split-off and which should be processed further.(b) The Regis Department Store approaches Geneva Powder. Regis would like Geneva Powder to process Baby Powder into a special powder for its infants
department. At what price per pound would Geneva Powder be economically indifferent between selling the powder at the split-off point and processing it further for Regis? What will be an ideal response?