The New United Motor Manufacturing, Inc., formed by Toyota and General Motors to make cars, is an example of a(n)

A. strategic alliance.
B. licensing agreement.
C. exporting agency.
D. trading company.
E. countertrade.


Answer: A

Business

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An example of a "high touch" environment would be:

a. a hotel check-in. b. an ATM. c. toll-free catalog ordering. d. pike pass.

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The Department of Homeland Security (DHS) is an example of a(n) ________ administrative agency

A) independent B) executive C) quasi- D) sua sponte

Business

Doogan Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateDirect materials 7.4grams$2.00per gramDirect labor 0.5hours$20.00per hourVariable overhead 0.5hours$7.00per hourThe company produced 5,200 units in January using 39,310 grams of direct material and 2,380 direct labor-hours. During the month, the company purchased 44,400 grams of the direct material at $1.70 per gram. The actual direct labor rate was $19.30 per hour and the actual variable overhead rate was $6.80 per hour.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The labor efficiency variance for January is:

A. $4,246 F B. $4,400 U C. $4,400 F D. $4,246 U

Business