Afghanistan is rated one of the most corrupt nations in the world
a. True
b. False
Indicate whether the statement is true or false
True
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Referring to Figure 2.2, Canada has a comparative advantage in
a. televisions. b. refrigerators. c. televisions and refrigerators. d. neither televisions nor refrigerators.
Consider the Demand for Microwave Ovens dataset. What is the total demand corresponding to random numbers 90, 5, 98, 41, 55, and 31?
a. 15
b. 16
c. 17
d. 18
Iggy has seen what he feels is too much turnover in the work force at his distillery. He wants to see his workers perform better and demonstrate a better commitment to the organization. Explain how motivation relates to job performance and organizational commitment, and give some examples of what Iggy can do to boost performance and commitment.
What will be an ideal response?
Koelsch Corporation has two manufacturing departments--Molding and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding CustomizingTotalEstimated total machine-hours (MHs) 1,000 9,000 10,000Estimated total fixed manufacturing overhead cost$4,000$25,200$29,200Estimated variable manufacturing overhead cost per MH$2.00$3.00 During the most recent month, the company started and completed two jobs--Job F and Job K. There were no beginning inventories. Data concerning those two jobs follow: Job FJob KDirect materials$12,300$8,400Direct labor cost$18,200$6,800Molding machine-hours 700 300Customizing machine-hours 3.600 5,400 Assume that the company uses a plantwide predetermined manufacturing overhead
rate based on machine-hours and uses a markup of 50% on manufacturing cost to establish selling prices. The calculated selling price for Job K is closest to: A. $72,561 B. $24,187 C. $79,817 D. $48,374