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2 years ago

Rachel lives and works on her father's dairy farm as a large animal veterinarian. The farm does not

Business

1 answer:

djverab [1.8K]2 years ago

8 0

Answer:

No, because Rachel's family farm does not employ outside workers

Explanation:

No, because Rachel's family farm does not employ outside workers. Under the OSH Act since Rachel's family does not employ outside workers they are not seen as an official business and therefore are not protected under the act. The workers on the farm are not seen as employees but instead family members helping one another and acting as co-owners of the farm. Therefore, the act does would not provide any coverage to Rachel in this scenario.

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Mr. jernigan owns a piece of land on which he grows corn. corn production annually requires $2 comma 0002,000 in seed, $3 com

nika2105 [10]

Answer:

economic costs = $56,000

Explanation:

given data

seeds = $2,000

fertilizer = $3,000

pesticides = $6,000

earning = $45,000

solution

total Accounting cost of Mr. jernigan is

total Accounting cost of Mr. jernigan = $2,000 + $3,000 + $6,000

total Accounting cost of Mr. jernigan = $11,000

and

economic costs = accounting costs + opportunity costs

economic costs = $11,000 + $45,000

economic costs = $56,000

7 0

2 years ago

In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca

Sloan [31]

Answer:

Accounting Break-Even

Case 1 = $14,350 Case 2 = $8,485.71 Case 3 = $214.375

Cash Break-Even

Case 1 = $11,766.67 Case 2 = $1342.86 Case 3 = $168.75

Explanation:

According to the scenario, computation of the given data are as follow:-

Accounting Break-Even = (Fixed Cost + Depreciation Cost) ÷ (Price Unit -Variable Unit)

Case 1 - ($7,060,000 + $1,550,000) ÷ ($3075 - $2,475)

= $8,610,000 ÷ $600

= $14,350

Case 2 - ( $47,000 + $250,000) ÷ ($96 - $61)

= $297,000 ÷ 35 = $8,485.71

Case 3 - ($2,700 + $730) ÷ ($21 - $5)

= $3,430 ÷ $16 = $214.375

Cash Break Even = Fixed Cost ÷ (Price Unit - Variable Unit)

Case 1 - $7,060,000 ÷ ($3075 - $2,475)

= $7,060,000 ÷ $600

= $11,766.67

Case 2 - $47,000 ÷ ($96 - $61)

= $47,000 ÷ $35 = $1342.86

Case 3 - $2,700 ÷ ($21 - $5)

= $2,700 ÷ $16 = $168.75

6 0

2 years ago

Merchants Credit Union has decided that tellers must rotate through a new weekend shift on Saturday afternoons because several o

HACTEHA [7]

Answer:

Innovative change

Explanation:

Innovation means change, hopefully a change for better. When a company decides to innovate its processes it means that it is trying to improve existing processes to make them more effective and more productive. In this particular case by starting to work weekend shifts they are trying to offer a better service.

8 0

2 years ago

Any attempt to improve managerial performance by imparting knowledge, changing attitudes, or increasing skills is called _______

makvit [3.9K]

Ashshbekaagbajajahabauaha susgababa

5 0

2 years ago

Futura Company purchases the 40,000 starters that it installs in its standard line of farm tractors from a supplier for the pric

uysha [10]

Answer:

By producing the starters the company will save $20,000 per year.

Explanation:

production costs

direct materials $3.10 per unit

direct labor $2.70 per unit

supervision $60,000

depreciation $40,000

variable manufacturing overhead $0.60 per unit

rent $12,000

total production cost $9.20 per unit

The engineer is wrong because he is considering fixed costs like depreciation and rent that should not be included because they are independent on whether this project is approved or not. Once you take away depreciation and rent, the cost per unit will fall by $1.30 [= ($40,000 + $12,000) / 40,000 units].

Since the production cost = $9.20 - $1.30 = $7.90, which is lower than $8.40 which is the purchase cost, the company should start producing the starters at least until its sales bonce back.

By producing the starters the company will save ($8.40 - $7.90) x 40,000 units = $20,000 per year

5 0

2 years ago