In India which system negatively influences the workplace even in the face of diversity management activities?
a. Nepotism
b. Caste
c. Favoritism
d. Political
b. Caste
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Which of the following statements is false?
A) Debenture bonds are secured liabilities B) Debenture bonds are issued based upon the credit rating of the company C) A company must have a long history of profitability to issue debenture bonds. D) A company must have strong positive cash flows to issue debenture bonds.
Disparate impact exists where an employee is treated differently because he or she is a member of a suspect class
Indicate whether the statement is true or false
A light bulb manufacturer claims his light bulbs will last 500 hours on the average. The lifetime of a light bulb is assumed to follow an exponential distribution
a. What is the probability that the light bulb will have to replaced within 500 hours? b. What is the probability that the light bulb will last more than 1000 hours? c. What is the probability that the light bulb will last between 200 and 800 hours?
Heroux Corporation has two manufacturing departments-Forming and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: FormingCustomizingTotalEstimated total machine-hours (MHs) 3,000 7,000 10,000Estimated total fixed manufacturing overhead cost$16,500$20,300$36,800Estimated variable manufacturing overhead cost per MH$1.70$2.50 During the most recent month, the company started and completed two jobs-Job A and Job H. There were no beginning inventories. Data concerning those two jobs follow: Job AJob HDirect materials$12,800$6,700Direct labor cost$24,300$7,800Forming machine-hours 2,000 1,000Customizing machine-hours 2,800 4,200Assume that the company uses a plantwide predetermined manufacturing overhead rate
based on machine-hours. The amount of manufacturing overhead applied to Job A is closest to: (Round your intermediate calculations to 2 decimal places.) A. $16,632 B. $11,880 C. $17,664 D. $28,512