The National Labor Relations Act guarantees employees the right to join unions
Indicate whether the statement is true or false
True
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Element Electronics decided to locate TV production in America instead of abroad. What influenced this decision?
a. Element Electronics wanted to capitalize off the successful television manufacturing industry in the U.S. b. Element Electronics wanted to create quality manufacturing jobs in the U.S. c. Element Electronics wanted to cut back on labor costs by locating their factory in Detroit. d. Element Electronics wanted to reduce the number of television parts they imported.
Which of the following statements regarding contingencies is true?
a. Contingencies that are probable and estimable must be recorded before the outcome of future events. b. Contingent assets, if probable and estimable, are treated in much the same way as contingent liabilities. c. The accounting principle that determines whether a contingent asset is recorded is that of materiality. d. Contingencies that are not estimable should not be disclosed even if probable.
Managing assets and liabilities in such a way as to improve the company's flow of funds is what capital budgeting is all about
Indicate whether the statement is true or false.
Bakan Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume 3,000units 4,000unitsDirect materials$86.30per unit$86.30per unitDirect labor$26.40per unit$26.40per unitManufacturing overhead$75.90per unit$60.40per unitThe best estimate of the total variable manufacturing cost per unit is: (Round your intermediate calculations to 2 decimal places.)
A. $126.60 B. $112.70 C. $86.30 D. $13.90