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Stella [2.4K]
1 year ago
13

Which statement describes an hourly wage job? a. Each paycheck is the exact same regardless of number of hours worked. b. Each p

aycheck is less, even if an employer wants you to work more hours in a week. c. If an employer wants the employee to work more hours in a week, the result is a larger paycheck. d. If the business is closed for a holiday, the employee still gets paid regardless of available vacation hours.
Business
2 answers:
natita [175]1 year ago
6 0

Answer:

The correct answer is c. If an employer wants the employee to work more hours in a week, the result is a larger paycheck.

Explanation:

The salaried worker gives his workforce to another person, who pays him a salary in exchange. It can be said that an employee is an employee of a company or entity, unlike independent or autonomous workers.

Being a salaried worker means having to respect a series of rules and face duties such as meeting the established schedules, respecting their peers and superiors, performing the tasks they have been assigned.

Paladinen [302]1 year ago
3 0

Answer: Is C !! the more hours you work, the bigger your paycheck will be

Explanation:

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Which statement best describes one way businesses participate in the
likoan [24]

Answer:

C. Businesses create goods for product markets to sell.

Explanation:

8 0
1 year ago
Read 2 more answers
The following selected transactions relate to cash collections for a firm that maintains a $100 change fund at all times. Presen
irakobra [83]

Answer:

a, Journal Entries to record transactions

Account Titles                 Debit           Credit

Cash                                 $5,412.36

Cash Short and Over      $0.71

($5,413.07 - $5,412.36)  

Sales                                                   $5,413.07

The actual cash in cash register is debited to cash account and cash receipts per cash register tally is credited to sales account and the balancing figure is debited or credited to Cash short and over account.

b. Journal Entries to record transactions

Account Titles                 Debit           Credit

Cash                                $3,712.95

Cash Short and Over                            $0.79

(3,712.95 - 3,712.16)

Sales                                                      $3,712.16

7 0
1 year ago
Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same
Greeley [361]

Answer:

<em>Cost per Unit  Fatboy= $  27800 </em>

<em>Screamer Cost per unit =  $3779.80   </em>

Explanation:

Howrley-David, Inc.

                               

                                        Fatboy             Screamer           Total

Units Assembled               990                 1,980                  2,970

Materials cost per unit      $ 2,600        $ 3,600

Material Costs                   2574000         7128000  

Other costs:

Direct labor                          $1069200       2138400      $ 3,207,600

Indirect materials                                                                 534, 600

Other overhead                                                                  <u>  1,603,800</u>

FoH                                     712800           1425600           2138400

Total Costs                          2752,2000    7484000

<u>No of units                             990                1980</u>

<u>Cost per Unit                       27800              3779.80   </u>

The total costs have been added and then divided with the number of units to get the cost per unit.

Direct Labor Costs  =Total Direct Labor Costs/ Total number of units* required number of units

DLC for Fatboy= $ 3,207,600 /2970 *990= $1069200

DLC for Screamer= $ 3,207,600 /2970 *1980= 2138400

FActory Overheads = Total Factory Costs/ Total Units ( Required Units)

FOH for Fatboy=  534, 600 +1,603,800/2970 * 990= 712800

FOH for Screamer = 534, 600 +1,603,800/2970 * 1980=  1425600

6 0
1 year ago
Assume that a pure monopolist and a purely competitive firm have the same unit costs. In this case, determine what is true with
grandymaker [24]

Answer:

a. 1, 5 and 7

b. Resources will be allocated inefficiently

c. Differing sizes and capacities

d. Benefits due to economies of scale

e. Reduce prices and improve resource allocation.

Explanation:

The correct combination is 1, 5 and 7. The price of a pure monopoly firm is much higher than that of purely competitive firm because the later is a price taker while the former is a price fixer. Because of this, output of monopoly is lower while the profit margin is higher than that of competitive firm.

Assuming that a pure monopolist and a purely competitive firm have the same unit costs. In the case of a pure monopolist, resources will be allocated inefficiently because the monopolist does not produce at the point of minimum Average Total Cost and does not equate price and Marginal cost.

Even though both monopolists and competitive firms follow the MC = MR rule in maximizing profits, there are differences in the economic outcomes because pure competitors lack capacity and are smaller in size while the monopolist has the capacity to expand inorder to maximize profits.

The costs of a purely competitive firm and a monopoly may be different because the monopolist is capable of taking advantage of cost reduction arising from economics of scale. Pure competitors does not experience economies of scale due to their small sizes.

If a monopoly can experience economies of scale, it can reduce prices beyond that of the pure competitor thereby ensuring a more efficient resource allocation.

5 0
2 years ago
Mrs. Smith owns a piece of Florida real estate. Her school board millage rate is 4.5, City rate is 3.8 and County rate are 2.4 m
natima [27]

Answer:

$422.5

Explanation:

Assessable value after first homestead exemption $25000= $200000

Tax on second $25000=$267.5($112.5 school board tax+$95 county tax +$60 citty tax)

Tax on third $25000=$112.5(onl on school district tax)

Tax on balance = $10.7*150=$1605

Total tax =$1985

Money saved= $267.5+$155=$422.5

7 0
1 year ago
Read 2 more answers
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