CR Company Has the Following Estimated Costs for the Next

question 6

Multiple Choice

CR Company has the following estimated costs for the next year: $$\begin{array} { | l | l | } \hline \text { Direct materials } & \$ 4,000 \\\hline \text { Direct labour } & 20,000 \\\hline \text { Rent on factory building } & 15,000 \\\hline \text { Sales salaries } & 25,000 \\\hline \text { Depreciation on factory equipment } & 8,000 \\\hline \text { Indirect labour } & 10,000 \\\hline \text { Production supervisor's salary } & 12,000 \\\hline\end{array}$$ CR Company estimates that 20,000 labour hours will be worked during the year. If overhead is applied on the basis of direct labour hours, the overhead rate per hour will be?

• A)$4.70.
• B)$3.25.
• C)$2.25.
• D)$3.45.

Recognize the protection of workers' rights under U.S. labor laws, including the right to unionize and engage in collective activities.

Identify the legal protections for employees engaging in union activities and the prohibition of employer interference or retaliation.

Understand the concept of exclusive representation by unions and its purpose in U.S. labor law.

Comprehend the restrictions and limitations imposed on unions and employers by the Wagner Act (NLRA), Taft-Hartley Act, and Landrum-Griffin Act.

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Definitions:

Integrative Bargaining

A negotiation strategy in which all parties collaborate to find a win-win solution that optimally satisfies the interests of both labor and management.

Bargaining Power

The capacity of one party to influence or exert pressure in negotiations to sway outcomes in their favor, often determined by their resources or alternatives.

Selling A Contract

The process of persuading or influencing union members to agree with and accept the terms of a newly negotiated contract with employers.

Centralized Bargaining

A form of negotiation where a single set of talks between labor unions and employers determines conditions for multiple workplaces or employees.