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Nookie1986 [14]
1 year ago
6

A union election was held by the NLRB at Jaxon Industries, and 130 workers cast votes in the election. How many votes in favor o

f the union must be cast for the union to be certified as the workers' exclusive representative?
Business
1 answer:
zimovet [89]1 year ago
7 0

Answer:

66

Explanation:

When union workers vote to elect their representatives, the representative must be elected by a simple majority of the votes. A simple majority means 50% plus 1. In this case 50% of 130 votes = 65 votes plus 1 = 66 votes.

Exclusive representation is a legal status that allows the elected representative the legal right to represent the union workers in different situations, e.g. collective bargaining

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A cell phone company has a fixed cost of $1,500,000 per month and a variable cost of $20 per month per subscriber. The company c
Lubov Fominskaja [6]

Answer:

a. Break-even point = Fixed Cost divided by Contribution per unit

= $1,500,000/$19.95

= 75,188 subscribers

b. New break-even point = $1,500,000/$24.95

= 60,120 subscribers

c. Subscriber base = 73,000

less dropped subscribers 10,000

adjusted subscribers = 63,000

The company will still be profitable because it will break-even with 60,120 subscribers.  The excess 2,880 (63,000 - 60,120) subscribers after the break-even point of 60,120 will cause the company to make  some profit.

Explanation:

a) Data and Calculations:

Fixed cost = $1,500,000 per month

Variable cost $20 per month per subscriber

Charges to customers per month $39.95

Contribution = $39.95 - $20 = $19.95

New variable cost = $25

New monthly charge = $49.95

Contribution per unit = $49.95 - $25 = $24.95

4 0
1 year ago
The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment
Nadusha1986 [10]

<u>Answer:</u>

a.$7,175,000

b.$3,655,000

c.$2,825,000

<u>Explanation:</u>

a.Calculation of Cost of Goods Sold

COGS= Sales - Gross profit

=12375000-5200000

=$7,175,000

Cost of Goods Sold for Creston Inc is $7,175,000

b. Calculation of direct materials cost

Direct Material Cost = Materials purchased - Indirect materials - Materials inventory

=4125000-180000-290000

=$3,655,000

Direct materials cost is $3,655,000

c. Calculation of direct labor cost

Direct labor cost= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)

=7880000-3655000-1400000

=$2825000

Direct labor cost is $2,825,000

5 0
1 year ago
On January 10, Year 1, Wayne, Inc., purchased 5,000 of Jason bonds at $60 par per bond. The purchase is a long-term investment a
Phantasy [73]

Answer:

$70,000 loss

Explanation:

the carrying value at December 31, Year 1 = 5,000 shares x $60 per share = $300,000

the fair market value at December 31, Year 1 = 5,000 shares x $46 per share = $230,000

realized loss/gain = fair market value - carrying value = $230,000 - $300,000 = -$70,000 or $70,000 loss

4 0
2 years ago
Microsoft and a smaller rival often have to select from one of two competing technologies, A and B. The rival always prefers to
Mrrafil [7]

Answer:

True

Explanation:

Microsoft matrix along with his rivals. There are two ways to use the technology. Microsoft and its rival can move simultaneously. The equilibrium strategy can be determined y pay off matrix. The both companies use pure strategy. The criteria for pure strategy is max-min and min-max. The max-min strategy means select least case from all the best cases and min-max is selecting the best case from all the least cases.

4 0
1 year ago
A government bond is NOT as liquid as cash because the bond:
Vesna [10]

Answer:

Option b                          

Explanation:

In simple words, A government bond reflects a government-issued debt, which is offered to buyers to finance government expenditure. The US Federal reserve is selling the government bonds over the year throughout listings.

Any selling of Treasury bonds throughout the secondary sector. Professional shareholders may purchase or sell  previously issued bonds through such a platform with a company or broker operating with it.

6 0
1 year ago
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