Which of the following should not be considered in the calculation of direct labor cost?
A) The employer's portion of social security and unemployment taxes.
B) The wage rate for each employee multiplied by the number of hours each employee works on each job.
C) Fringe benefits given to an employee who works on a job.
D) Overtime pay to an employee as a result of production problems not related to a specific job.
D
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Shoe manufacturers are not going to buy much more leather if the price of leather falls, nor will they buy much less leather if the price rises, unless they can find satisfactory substitutes. This is an example of ________
A) inelastic demand B) direct purchasing C) decision framing D) a modified rebuy E) a straight rebuy
The ________ emails were forwarded to the ________ office
A) secretaries/managers B) secretary/manager C) secretarys'/manager's D) secretary's/manager's
Brands with lower market share generally require lower advertising budgets, as a percentage of
sales, than those with high market share. Indicate whether the statement is true or false
The ________ states that if the main purpose of a transaction and an oral collateral contract is to provide pecuniary benefit to the guarantor, the collateral contract does not have to be in writing to be enforced
A) merger clause B) leading object exception C) collateral contract rule D) parol evidence rule