Which of the following approaches to developing competitive advantage is most likely to involve a payment of price premium by the customers?

Marblex manufactures marble statues. In March, the two production departments had budgeted allocation bases of 4,000 machine-hours in Department X and 8,000 direct

manufacturing labor-hours in Department Y. The budgeted manufacturing overheads for the month were $60,000 and $64,000, respectively. For Job A, the actual costs incurred in the two departments were as follows: Department X Department Y Direct materials purchased on account $110,000 $177,500 Direct materials used 40,000 13,500 Direct manufacturing labor 55,000 53,500 Indirect manufacturing labor 11,000 9,000 Indirect materials used 5,000 4,750 Lease on equipment 16,250 3,750 Utilities 1,000 1,250 Job A incurred 800 machine-hours in Department X and 300 manufacturing labor-hours in Department Y. The company uses a budgeted overhead rate for applying overhead to production. Required: a. Determine the budgeted manufacturing overhead rate for each department. b. Prepare the necessary journal entries to summarize the March transactions for Department X. c. What is the total cost of Job A?

The primary goal of the North American Free Trade Agreement (NAFTA) was to A)allow Canada, the United States, and Mexico to compete as a common economic entity against other countries in the world

B)allow for the free and unrestricted movement of people from one country to another to improve the labor market of all three counties. C)eliminate almost all trade barriers between the three nations. D)establish a common set of tariffs and trade restrictions for external countries.