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Elina [12.6K]
3 years ago
10

The Fun Tyme Toy Company discovers that one of its products can easily break, exposing children to potential injury from the sha

rp parts. Under the Consumer Product Safety Act of 1972, how long does Fun Tyme have to report this defect to the Consumer Product Safety Commission
Business
1 answer:
Lelu [443]3 years ago
5 0

Answer:

The Fun Tyme Toy Company

According to the Consumer Product Safety Act of 1972,  Fun Tyme has 24 hours following the discovery of the defect to report it to the Consumer Product Safety Commission.

Explanation:

The purpose of creating the Consumer Product Safety Commission by Congress in 1972 is to ensure that consumers are adequately protected from unreasonable risks of injuries associated with all types of consumer products.  The reasonable time to report a defect in any consumer product is within 24 hours after the discovery is made.  There are penalties for failure to comply with existing regulations on consumer product safety.

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Prokp Co.'s records for April disclosed the following data relating to direct labor: Actual labor cost (payroll) for April$35,00
Fittoniya [83]

Answer:

2,256 hours

Explanation:

The computation of the total standard direct labor hours allowed (SQ) for units produced is shown below;

As we know that

Labor rate variance = (Actual hours × Actual rate) - (Actual hours ×  Standard rate)

($5,000) = $35,000 - (2,500 ×  Standard rate)

2,500 ×  Standard rate = $40,000

Standard rate = $16

Now

Labor efficiency variance = (Actual hours ×  Standard rate) - (Standard hours ×  Standard rate)

$3,900 = (2,500 ×  $16) - (Standard hours ×  $16)

Standard hours ×  $16 = 36,100

Standard hours = 2,256.25

= 2,256 hours

5 0
3 years ago
A recent Samsung Galaxy ad highlighted the advantages of its smartphone relative to Apple’s iPhone. What type of product adverti
siniylev [52]

Answer:

comparative

Explanation:

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2 years ago
What will increased budget surpluses do to the national debt
kodGreya [7K]
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I hope this helps! 
5 0
4 years ago
Read 2 more answers
What are the reason for market dominance
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4 years ago
Assume that the economy is in a recession and there is a budget deficit. A strict balanced-budget amendment that would require t
Alex17521 [72]

Answer:

The correct answer is letter "B": Contractionary and counter the effect of the recession.

Explanation:

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In the case given,<em> if there is a need to adjust the budget of a country because of a recession, the Federal government has to implement a contractionary policy to mitigate the effects of the recession.</em>

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