In the Article "Pinto Madness," Mark Dowie Argued That

question 6

Multiple Choice

In the article "Pinto Madness," Mark Dowie argued that:

• A) Ford is the only irresponsible automobile manufacturer
• B) even though the Pinto was dangerous, it would be wrong to use the criminal law against corporate executives like Lee Iacocca
• C) the real "madness" is that left-wing consumer advocates like Ralph Nader exaggerate the dangers of products like the Pinto and needlessly scare off consumers
• D) Ford was willing to sacrifice human lives because it was cost-effective and profitable

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Definitions:

Direct Labor-Hours

Direct labor-hours are the total number of hours worked by employees directly involved in the manufacturing process, used as a basis for assigning labor costs to products.

Direct Materials

Raw materials that can be directly identified with the production of specific goods or services and are a major component of product costs.

Budgeted Production

The planned level of production output, calculated based on demand forecasts and inventory requirements.

Direct Labor Budget

A financial plan that estimates the cost of direct labor required to meet production goals, taking into account wages and hours.