Current information for the Healey Company follows: Beginning raw materials inventory $ 14,500 Raw material purchases 53,000 Ending raw materials inventory 15,900 Beginning work in process inventory 21,700 Ending work in process inventory 27,300 Direct labor 39,300 Total factory overhead 29,300 All raw materials used were traceable to specific units of product. Healey Company's total manufacturing costs for the year are:

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.