Morgan Corporation Uses Estimated Direct Labor Hours of 200,000 and Estimated

question 67

Multiple Choice

Morgan Corporation uses estimated direct labor hours of 200,000 and estimated manufacturing overhead costs of $920,000 in establishing manufacturing overhead rates.Actual manufacturing overhead was $970,000,and allocated manufacturing overhead was $1,012,000.What was the number of actual direct hours worked?

• A)200,000
• B)208,660
• C)189,691
• D)220,000

Recognize the importance of using representative samples in surveys to ensure validity of the findings.

Identify the role of operational definitions in scientific research.

Differentiate between correlational research and experimental research in terms of their ability to establish cause-and-effect relationships.

Understand the concepts of positive and negative correlations, including how they are represented numerically.

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Definitions:

Government Regulations

Laws and rules enforced by the state designed to control the behavior of citizens and organizations, often meant to protect public health and safety.

Productivity

Productivity measures the efficiency of production in terms of the amount of output produced per unit of input.

Economic Measure

A quantitative indicator used to assess the economic performance of a country, such as GDP, inflation rate, or unemployment rate.

HR Certification Institute

An organization that offers professional certification for human resource professionals, indicating expertise and commitment to industry standards.