Custom Furniture Manufactures a Small Table and a Large Table

question 139

Multiple Choice

Custom Furniture manufactures a small table and a large table. The small table sells for $900, has variable costs of $560 per table, and takes ten direct labor hours to manufacture. The large table sells for $1,500, has variable costs of $980, and takes eight direct labor hours to manufacture. Calculate the contribution margin per direct labor hour for the small table.

• A)$29 per direct labor hour
• B)$32 per direct labor hour
• C)$34 per direct labor hour
• D)$36 per direct labor hour

Identify the characteristics of a precarious workplace and its impact on labor practices.

Evaluate the role of teamwork in preventing prejudice and abuses of power within organizations.

Understand the implications of the gig economy on labor market flexibility.

Analyze the effects of the growth of the precariat class on community stability and job security.

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Definitions:

Primacy Effect

The tendency to remember information that is encountered first more easily than information that is encountered later.

Psychologists

Professionals who study mental processes and human behavior by observing, interpreting, and recording how people relate to one another and to their environments.

Mental Framework

The structure of concepts, beliefs, or perceptions through which an individual interprets and interacts with the world.

Casual Friday

A workplace dress code policy allowing employees to wear more casual attire on Fridays.