Which of the Following Class Actions Have Been Successful

question 28

Multiple Choice

Which of the following class actions have been successful?

• A)an action by women who received certain breast implants
• B)actions by smokers against tobacco companies
• C)an action against chocolate bar manufacturers for price fixing
• D)an action by people who got Hepatitis C from blood transfusions
• E)all of the above

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Definitions:

Direct Labor-hour

The sum of hours clocked by workers directly engaged in the production process.

Predetermined Overhead Rate

A rate calculated before a period begins, used to allocate estimated overhead costs to specific activities based on a chosen base.

Predetermined Manufacturing Overhead

An estimated overhead rate calculated before the accounting period begins, used to allocate manufacturing overhead costs to products.

Machine-hours

A measure of production time, used in cost accounting, representing the hours that a machine operates.