Pursuit of profits and unions
Capitalism is directed towards the pursuit of profits and unions are directed towards the rights of workers." Discuss how these opposing viewpoints can be advantageous, yet destructive, to the business community.
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A product sells for $15 per unit and has variable expenses of $9 per unit. Fixed expenses total $70,000 per month. How many units of the product must be sold each month to yield a monthly f $20,000?
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The following data relate to direct labor costs for the current period: Standard costs 6,000 hours at $12.00 Actual costs 7,500 hours at $11.60 What is the direct labor rate variance? Answer
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