Answer:
The answer is National Labor Relations Act (Wagner Act)
Explanation:
The national labor Act of 1935 provides workers with the right to organize and join labor union. The Act also provides workers with a framework for collective bargaining. The Wagner Act prohibits the interference or coercion of workers to exercise their rights of organizing or joining labor unions alongside bargaining collectively for their working conditions or wages.
Moreover, the Act prohibits the employer from the refusal to bargain with employees' representatives.
Answer:
Selling price= $30
Explanation:
Giving the following information:
Unitary cost:
Variable= $30
Fixed= $16
Number of units= 4,100
<u>Normally, when there is unused capacity and a new customer asks for a reduced price, the fixed cost should not be taken into account when calculating the selling price. </u>The company benefits from increasing its sales, acquiring a new customer, and perhaps getting some discounts from suppliers in the variable components.
<u>The lower price that the company accepts is the one that equals the unitary variable cost. In this case:</u>
Selling price= $30
Answer: A firm may operate in multiple industries.
Different firms may use different accounting practices.
Explanation:
Ratio Analysis as you probably know is a very useful tool in financial analysis. It works by comparing ratios based on items in the financial statements of a company to measure certain things such as the Company's Liquidity, Profitability and the like.
It does have certain drawbacks though such as,
A firm may operate in multiple industries
When a firm is operating in multiple industries. Comparing ratios is not a simple task. Different industries record profits and costs differently and just because a ratio is held in high esteem on one company does not mean it is good in another thereby making comparison based on ratios alone quite cumbersome.
Different firms may use different accounting practices
Now if different companies use different Accounting practices, you might find that ratios cannot be straightforwardly compared because different types of figures were used by the different companies. For instance, some companies might use a Straight Line Depreciation method as opposed to a Reducing Balance method which will have varying effects on income.
Answer:
$7,000
Explanation:
The computation of the depreciation expense for the year 2019 is shown below:
But before that first we have to determine the depreciation per miles which is
= (Original cost - residual value) ÷ (estimated driven)
= ($40,000 - $4,000) ÷ (72,000 miles)
= ($36,000) ÷ (72,000 miles)
= $0.5 per miles
Now for the 2019, it would be
= Expected miles driven in 2019 × depreciation per mile
= 14,000 miles × $0.5
= $7,000
Answer:
0.75 claims per hour
Explanation:
The goal is to determine the single factor productivity of the Insurance adjuster.
Step 1: Know the formula for Singe Productivity
Single Factor Productivity= Units Produced/ Labour Hours Used
Step 2: Calculate the productivity
Units Produced = 6 (the Procesing of the claims of six policy holders)
Labour Hours used = 8 (The number of hours used to process the claims per day)
Single factor Productivity= 6/8 = 0.75 claims per hour.
