The Kyoto Protocol Faced Serious Opposition in the U

question 4

Multiple Choice

The Kyoto Protocol faced serious opposition in the U.S. Senate because ______.

• A) it punished countries that relied on coal more heavily than those that used natural gas
• B) developing nations did not face any short-term limits, while rich nations bore all of the short-term reductions
• C) the mandate that all power needed to come from renewable sources would have severely affected the economy of the United States
• D) developing countries could plant trees and consider converting to renewable energy while continuing to emit greenhouse gasses

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Definitions:

Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or standard) cost, calculated as (Actual rate - Standard rate) x Actual hours.

Standard Hourly Rate

The predetermined cost per hour for labor, used in budgeting and costing to assign labor costs to products and services.

Standard Quantity

The budgeted or pre-determined amount of material or input expected to be used during a manufacturing process.

Standard Hours Allowed

The time that should have been taken to complete the period’s output. It is computed by multiplying the actual number of units produced by the standard hours per unit.