A free trade area that includes Canada and the United States, but not Japan, is the ________

A) North American Free Trade Agreement (NAFTA)
B) Association of Southeast Asian Nations (ASEAN)
C) MERCOSUR
D) European Union (EU)
E) Asia-Pacific Economic Cooperation (APEC)

A
Explanation: A) The North American Free Trade Agreement (NAFTA) is an ongoing agreement to move the United States, Mexico, and Canada closer to true free trade. NAFTA was established on January 1, 1994, after considerable political opposition.

Business

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Abadeer Company manufactures ceiling fans and uses an activity-based costing system

Each ceiling fan has 20 separate parts. The direct materials cost is $70, and each ceiling fan requires 4.00 hours of machine time to manufacture. Additional information is as follows: Activity Allocation Base Predetermined Overhead Allocation Rate Materials handling Number of parts $ 0.07 Machining Machine hours 6.20 Assembling Number of parts 0.30 Packaging Number of finished units 3.30 What is the cost of assembling per ceiling fan? (Round any intermediate calculations and your final answer to the nearest cent.) A) $70.00 B) $6.00 C) $24.80 D) $21.00

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