During periods of rising inventory costs,LIFO cost of goods sold is understated because of the inventory holding gains that have occurred during the period.

Use the indirect strategy when your audience may be uninterested, unwilling, hostile, or displeased.

Maquiladoras in Mexico:

A) are designed to take advantage of low Mexican labor costs.
B) are different from foreign trade zones.
C) are best suited to sophisticated manufacturing and product design.
D) are reconfiguring to focus on labor-intensive assembly.
E) cannot be owned by non-Mexicans.

Rodarta Corporation applies manufacturing overhead to products on the basis of standard machine-hours.The company's predetermined overhead rate for fixed manufacturing overhead is $1.20 per machine-hour and the denominator level of activity is 6,600 machine-hours.In the most recent month, the total actual fixed manufacturing overhead was $8,340 and the company actually worked 6,400 machine-hours during the month.The standard hours allowed for the actual output of the month totaled 6,480 machine-hours.What was the overall fixed manufacturing overhead volume variance for the month?

A) $240 Favorable
B) $144 Unfavorable
C) $240 Unfavorable
D) $96 Favorable

Distributive justice is insignificant in determining an employee's reactions to pay decisions.

Refer to Figure 4.4. Assume that initially there is free trade. The price of oil in the United States will increase to $150 per barrel if the United States then imposes ________ tariff per barrel of imported oil.

A) no
B) a $25
C) a $50
D) a $100