What Made It Impossible for the National Recovery Administration (NRA)to

question 34

Multiple Choice

What made it impossible for the National Recovery Administration (NRA) to regulate business effectively?

• A) Large businesses that employed more workers were excluded from the agency's charge.
• B) The codes written by industry leaders tended to serve the interests of corporations only.
• C) The code system was so complicated that neither the government nor the corporations could interpret it effectively.
• D) The government's NRA public relations campaign actually discouraged Americans from patronizing NRA businesses.

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Definitions:

Materials Price Variance

The difference between the actual cost of materials and the standard cost, multiplied by the actual quantity of materials used.

Variable Manufacturing Overhead

This refers to the manufacturing overhead costs that vary with the level of production, such as utilities or indirect materials.

Materials Price Variance

The variance between the standard cost and the actual expense of materials, factored by the number of materials acquired.

Direct Labor-hours

The total time that production workers spend working on products or production processes, used as a base for applying manufacturing overhead.