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

Describe the principles and goals of client-centered therapy and positive psychology.

Recognize the conditions necessary for a positive therapeutic climate and the causes of neuroses.

Identify the various therapeutic approaches and their developers.

Understand the efficacy and methodologies of group therapy.

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Definitions:

National Income Accounting

A system used by a country to measure the overall economic activity and income generated within its economy over a specific time period.

Saving And Investment

The act of foregoing current consumption to put resources into assets or projects expected to generate future benefits or returns.

Loanable Funds

A term used in economics to describe the market where savers supply funds to borrowers, typically characterized by the interest rate.

Saving

The act of setting aside a portion of current income for future use, which could involve depositing money into bank accounts or investing in financial products.