Employees at Wegners Market began unionizing activities after a series of promotions and job transfers at the firm were handled in a biased manner. They were motivated by
A. dissatisfaction with management.
B. economic needs.
C. political needs.
D. social and status needs.
Answer: A
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The financial condition of the insurer can be checked out in Best's Key Rating Guide to Property and Casualty Insurers
Indicate whether the statement is true or false.
Ryan & Marks, Design Consultants, has the following budget for the year: Direct labor (for professional hours charged to clients)$202,000Overhead Indirect materials 10,000Indirect labor 150,000Depreciation - Building 50,000Depreciation - Furniture 5,000Utilities 12,000Insurance 4,800Property taxes 5,200Other expenses 3,380Total$240,380The firm uses direct labor as the cost driver to apply overhead to clients. During January, the firm worked for many clients; data for two of them follow: Henderson account: Direct materials$400Direct labor 3,000Fisher account: Direct materials$5,380Direct labor 12,600Required:(a) Compute the company'sRyan & Marks budgeted overhead rate. Explain how this is used.(b) Compute the amount of overhead to be charged to the Henderson
and Fisher accounts using the predetermined overhead rate calculated in requirement (a).(c) Compute the separate job cost for the Henderson and Fisher accounts. What will be an ideal response?
The external market environment is shaped by these four areas: economics, technology, politics/law, and culture/society.
Answer the following statement true (T) or false (F)
Assume the specifications for a television remote control part (in inches) are 5.00 ± 0.10, and the Taguchi loss function is estimated to be L(x) = 5,500 (x-T)2 . Determine the estimated loss per part if the quality characteristic (i.e., actual process performance) under study takes on a value of 4.91 inches
a. More than $30 but less than or equal to $50 b. More than $50 but less than or equal to $70 c. More than $70 but less than or equal to $90 d. More than $90