Prevailing local wages and wage classification strategies for government contractors were mandated by the ________.

A) Davis-Bacon Act
B) Walsh-Healey Public Contracts Act
C) Fair Labor Standards Act
D) Equal Pay Act


A) Davis-Bacon Act

Business

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On January 1, Frederic Manufacturing had a beginning balance in Work-in-Process Inventory of $160,000 and a beginning balance in Finished Goods Inventory of $20,000. During the year, Frederic incurred manufacturing costs of $205,000.

During the year, the following transactions occurred: Job C-62 was completed for a total cost of $140,000 and was sold for $158,000. Job C-63 was completed for a total cost of $181,000 and was sold for $213,000. Job C-64 was completed for a total cost $84,000 but was not sold as of year-end. The Manufacturing Overhead account had an unadjusted credit balance of $26,000 and was adjusted to zero at year-end. What was the final balance in the Cost of Goods Sold account? A) $295,000 debit balance B) $347,000 debit balance C) $347,000 credit balance D) $295,000 credit balance

Business

In a short essay, describe the following types of leaders based on the combination of moral person and moral manager scenarios: (a) unethical leader, (b) ethical leader, (c) hypocritical leader, and (d) inconsistent leader.

What will be an ideal response?

Business

____ are costs that do not change in total when production volume increases or decreases within the relevant range

A) Variable costs B) Relevant costs C) Fixed costs D) Period costs

Business

A "spoliation inference" means that documents not properly introduced into court are damaging to the party who could not produce them

a. True b. False Indicate whether the statement is true or false

Business