The Factory Workers Were Working Long Hours for Very Little

question 18

Multiple Choice

The factory workers were working long hours for very little pay, although they knew that the management was making good profits. When the management announced that a reduction in pay was necessary to keep the factory open, the workers were so angry that they staged a protest and refused to let anyone into the building. Whose social theory was reflected in this protest?

• A) Marx
• B) Weber
• C) Davis and Moore
• D) Lenski

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Definitions:

Manufacturing Overhead

The collective expenses not directly tied to the production of a specific product, including costs like factory rent or utilities.

Direct Materials Cost

The cost of raw materials directly used in the production of goods or services.

Product Costs

Costs that are incurred to acquire or manufacture a product and include direct materials, direct labor, and manufacturing overhead.

Relevant Range

The band of normal activity level or volume in which specific fixed and variable cost assumptions hold true.