According to Apple, why does the company no longer assemble the majority of its products in the United States?
a. Labor costs are higher in the United States.
b. The United States has more skilled workers.
c. Income taxes are highest in the United States.
d. Foreign workers are more skilled and flexible.
d. Foreign workers are more skilled and flexible.
You might also like to view...
Data warehousing applications in organizations are usually viewed as being focused on either operational or analytical applications
Indicate whether the statement is true or false
Electronic calendar management can result in improved time management.
Answer the following statement true (T) or false (F)
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The journal entry to record the issuance of materials to production is:
A. Debit Raw Materials Inventory $195,000; credit Accounts Payable $195,000. B. Debit Work in Process Inventory $195,000; credit Raw Materials Inventory $195,000. C. Debit Raw Materials Inventory $195,000; credit Work in Process Inventory $195,000. D. Debit Finished Goods Inventory $195,000; credit Raw Materials Inventory $195,000. E. Debit Work in Process Inventory $165,000; debit Factory Overhead $30,000; credit Raw Materials Inventory $195,000.
In TCE uncertainty means:
a. Being lost in the detail b. Not being able to control the contingencies of contracts c. Being irrational in planning d. None of the above