Victoria has a MasterCard with a credit limit of $9,000 . This is:
a. open-end credit.
b. closed-end credit.
c. an installment loan.
d. a secured debt.
a
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The budgeted production of Capricorn, Inc. is 13,000 units per month. Each unit requires 30 minutes of direct labor to complete. The direct labor rate is $80 per hour. Calculate the budgeted cost of direct labor for the month. (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)
A) $520,000 B) $195,000 C) $1,040,000 D) $34,667
Edward Cheezer's makes and sells frozen four-cheese pizzas, New Yorkâstyle. The expected selling price is $10 per pizza. The projected variable cost per pizza is $6 . The estimated fixed costs per month are $10,000. The number of pizzas that must be sold to obtain a monthly profit of $20,000 is
a. 2,000 pizzas. b. 5,000 pizzas. c. 2,500 pizzas. d. 7,500 pizzas.
Organizations with separate human resources departments usually have at least ______ employees.
a. 25 b. 50 c. 100 d. 500
The key distinguishing feature of the critical industrial relations school of thought is that:
A. Workers cannot be treated as any other commodity to be bought and sold in a marketplace. B. Labor markets are essentially competitive markets that need a small amount of guidance from governments. C. There is an inherent conflict of interest between labor and management that extends to the very social order of society whereby some classes of individuals are better off than others. D. There is a unity of interests between employers and workers.