Which of the following conditions normally would not indicate that standard costs should be revised? a. the company has signed a new union contract that increases the factory wages on average by $3.50 an hour. b. the average price of raw materials increased from $4.68 per pound to $4.82 per pound. c. the engineering department has revised product specifications in responding to customer suggestions. d. actual costs differed from standard costs for the preceding week.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions