American firms became less competitive compared to foreign firms during the 1980s because
A) the quality and productivity of American workers declined.
B) foreign firms were younger than American firms and as a result had more modern facilities that made use of the latest technology.
C) the U.S. dollar became worth more in terms of foreign currencies.
D) the U.S. dollar became worth less in terms of foreign currencies.
C
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Chojnowski Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead$82,450 Budgeted fixed manufacturing overhead 325,975 Total budgeted manufacturing overhead$ 408,425 Budgeted production (a) 25,000unitsStandard hours per unit (b) 1.70labor-hoursBudgeted hours (a) × (b) 42,500labor-hours Applying Overhead: Actual production (a) 20,000unitsStandard hours per unit (b) 1.70labor-hoursStandard hours allowed for the actual production (a) ×
(b) 34,000labor-hours Actual Overhead and Hours: Actual variable manufacturing overhead$74,812 Actual fixed manufacturing overhead 312,975 Total actual manufacturing overhead$ 387,787 Actual hours 31,700labor-hoursThe variable component of the predetermined overhead rate is closest to: A. $2.20 per labor-hour B. $1.76 per labor-hour C. $1.94 per labor-hour D. $2.36 per labor-hour
Which of the following is least helpful to effective collaborative writing?
A) Selecting collaborators carefully B) Establishing clear processes C) Agreeing on project goals before you start D) Taking time to bond before starting the collaboration E) Writing as a group
A scheduling system that assumes the required capacity will NOT always be available is called:
A) infinite scheduling. B) backward scheduling. C) finite scheduling. D) forward scheduling.
The Labor-Management Relations Act:
A) hampers employer free speech, although it encourages employee free speech. B) is also known as the Taft-Hartley Act. C) prohibits union shops. D) specifies certain employer activities as unfair labor practices.