Historically, the common law permitted employers to:
a. hire workers only with government approval b. fire workers only with government approval
c. hire and fire which ever workers they wished
d. fire workers for reasons listed in an employee handbook e. none of the other choices
c
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What is the probability that Product B will being purchased by the smaller company?
A small entrepreneurial company is trying to decide between developing two different products that they believe they can sell to two potential companies, one large and one small. If they develop Product A, they have a 50% chance of selling it to the large company with annual purchases of about 20,000 units. If the large company won't purchase it, then they think they have an 80% chance of placing it with a smaller company, with sales of 15,000 units. On the other hand if they develop Product B, they feel they have a 40% chance of selling it to the large company, resulting in annual sales of about 17,000 units. If the large company doesn't buy it, they have a 50% chance of selling it to the small company with sales of 20,000 units. A) 0.8 B) 0.5 C) 0.4 D) 0.3
The employees of Beverage Bottling Company designate Cola Cappers Union as their bargaining representative. Beverage refuses to bargain with the union. This violates? A) the National Labor Relations Act
B) the Fair Labor Standards Act. C) the Social Security Act. D) no federal law.
A negotiable electronic document of title:
A) is not possible, since a document of title must be in tangible form. B) running to the order of a named person must be indorsed in order to negotiate it. C) may be delivered by voluntarily transferring control rather than by voluntarily transferring possession. D) is tracked by a system of control created and set forth in Revised Article 7 of the UCC.
Tyrant Enterprises, Inc. uses a standard cost system when accounting for its sole product. Manufacturing overhead is applied to production on the basis of process hours. Planned activity is 60,000 process hours per month, which gives rise to the following per-unit standards: Variable overhead: 13 hours at $15 per hourFixed overhead: 13 hours at $7 per hourDuring September, 5,100 units were produced and the company incurred the following overhead costs: variable, $942,500; fixed, $429,000. Actual process hours totaled 65,000.Required: A. Calculate the spending and efficiency variances for variable overhead.B. Calculate the budget and volume variances for fixed overhead.
What will be an ideal response?