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zysi [14]
1 year ago
5

Edie is coming up on her thirtieth year as a bus driver. Recently her company told her that she would be required to retire with

in the next two years because she had reached the age limit for mandatory retirement. Edie wants to fight this ruling based on a claim of age discrimination. Which of the following statements about this case is most accurate?
A) According to the Employment Rights and Responsibilities Act, Edie has every right to keep her job as long as she has not been convicted of a moving traffic violation while performing her job.
B) According to the Affirmative Action Enforcement Act, Edie has no right to keep her job, because she is not one of the groups that qualify for special protection.
C) According to the Fair Labor Standards Act, Edie may be able to keep her job, but the company can require her to pass an annual vision and hearing exam as a condition of continued employment.
D) According to the Age Discrimination in Employment Act, Edie can be required to retire at a certain age, because she is in an occupation where evidence exists that ability to perform the job diminishes significantly with age.
Business
1 answer:
Ann [662]1 year ago
3 0

Answer:

D) According to the Age Discrimination in Employment Act, Edie can be required to retire at a certain age, because she is in an occupation where evidence exists that ability to perform the job diminishes significantly with age.

Explanation:

Since in the question it is mentioned that edie wants to fight the rulling that depend upon the age discrimination so here we considered the option d as in that it is given that edie needs to retire at the specific age as she belongs from occupation in which the evidence is existed that shows the capability to perform the job which reduced within the age

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Smithson Company uses a job-order costing system and has two manufacturing departments— Molding and Fabrication. The company pro
vazorg [7]

Answer:

Instructions are below.

Explanation:

1)

<u>a) First, we need to calculate the total estimated overhead:</u>

Total overhead= 1,100,000 + (5*50,000)= 1,350,000

<u>Now, we can determine the overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,350,000/50,000

Predetermined manufacturing overhead rate= $27 per machine hour

<u>b) </u>

Job D-75:

Total cost= direct material + direct labor + allocated overhead

Total cost= 700,000 + 360,000 + 27*20,000

Total cost= $1,600,000

Job C-200:

Total cost= 550,000 + 400,000 + 27*30,000

Total cost= $1,760,000

c) Selling price= 150% of manufacturing costs

Job D-75= 1,600,000*1.5= $2,400,000

Job C-200= 1,760,000*1.5= $2,640,000

d) COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS=  0 + (1,600,000 + 1,760,000) - 0

COGS= $3,360,000

<u>2) </u>

<u>a) </u>

Molding= (800,000/20,000) + 5= $45 per machine hour

Assembly= (300,000/30,000) + 5= $15 per machine hour

<u>b) </u>

Job D-75:

Total cost= 700,000 + 360,000 + 45*20,000

Total cost= $$1,960,000

Job C-200:

Total cost= 550,000 + 400,000 + 15*30,000

Total cost= $1,400,000

<u>c) </u>

Job D-75= 1,960,000*1.5= $2,940,000

Job C-200= 1,400,000*1.5= $2,100,000

<u>d)</u> COGS= 0 + (1,960,000 + 1,400,000) + 0

COGS= $3,360,000

4 0
2 years ago
An American-style call option with six months to maturity has a strike price of $35. The underlying stock now sells for $43. The
Travka [436]

Answer:

a) $8

b) $4

c) Decrease

Explanation:

Background.

A call option as you probably know, is an agreement to buy an asset on or before a particular day at a price already determined in the agreement.

a) the Intrinsic value of the option is the market price minus the strike price.

Intrinsic Value = Market Price - Strike price

= $43 - $35

= $8 per share.

It is worthy of note that for an option, of the intrinsic value dips into negative figures it is just said to be 0.

b) To calculate the time value, we subtract the intrinsic value from the call premium

= Call Premium - Intrinsic value

= $12 - $8

= $4

c) The call option has 6 months to maturity and the dividends are to come in 3 months. Share prices usually drop after a dividend has been paid so because the call option matures in 6 months, the price of the call option will DECREASE owing to the Expected drop in stock price.

8 0
1 year ago
Deep Hollow Oil issued 135,000 shares of stock last week. The underwriters charged a spread of 8.05 percent in exchange for agre
Neporo4naja [7]

Answer:

The ratio of flotation cost to funds raised is 20.13%

Explanation:

First of all, it is noteworthy that actual amount received per share by Deep Hollow Oil is the issue price minus the underwriting spread of $2.6565 (8.05% of $33),in other words the net issue price is $30.3435

The total amount raised is $ 4,096,372.50 (135000*$30.3435 ),while total flotation costs are as follows:

Underwriting costs                    $ 358,627.50  

Legal and accounting fees       $418,000

Indirect costs                              $48,000

Total flotation costs                   $824,627.50  

However, the flotation costs as a percentage of funds raised is given below:

$824,627.50  /$4,096,372.50=20.13%

6 0
2 years ago
Yellco Inc., a toy manufacturer, provided the following information: Domestic unit sales price $50 Unit manufacturing costs: Var
aleksley [76]

Answer:

$540,000

Explanation:

Calculation for The company's differential revenue from the acceptance of the offer

Using this formula

Differential revenue = Number of units of export order * Offer price per unit

Let plug in the formula

Differential revenue=9,000*$60

Differential revenue= $540,000

Therefore the company's differential revenue from the acceptance of the offer is $540,000

4 0
1 year ago
New zealand's economy has received recent boosts from _____. natural gas trade with china foreign investors agriculture tourism
sergejj [24]
I think the correct answer from the choices listed above is the last option. New zealand's economy has received recent boosts from <span>tourism. Hope this answers the question. Have a nice day. Feel free to ask more questions.</span>
6 0
1 year ago
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