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2 years ago

F. What effect does a low unemployment rate have on business? what effect does a high unemployment rate have on business?

Business

2 answers:

Vesnalui [34]2 years ago

8 0

Answer:reduces the productivity of the company as a whole<3

Explanation:

It comes when there's an increase demand for labor because of low unemployment. With less people available for work, employers have to increase their wages to find, and keep, employees. This can cause some organizations to settle for less-talented workers, which again reduces the productivity of the company as a whole

taurus [48]2 years ago

6 0

The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.

<h3>What is unemployment rate?</h3>

The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.

The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.

Therefore, the unemployment rate is defined as the state of being unemployed.

Learn more about the unemployment rate, refer to:

brainly.com/question/17255561

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A company must decide between scrapping or reworking units that do not pass inspection. The company has 16,000 defective units t

lutik1710 [3]

Answer:

It is more profitable to sell the units for scrap.

Explanation:

Giving the following information:

Defective units= 16,000 units

Selling price dor scrap= $2.60

Reworked cost= $4.80 each

Selling price= $8.10 each.

If the units are sold as-is, the company will be able to build 16,000 replacement units for $5.50 each and sell them at the full price of $8.10 each.

The cost of 16,000 units produced is a sunk cost, therefore, it shouldn't be a part of the decision making.

Sell as it is:

Sell scrap= 16,000*2.9= 46,400

New units= 16,000*(8.10 - 5.50)= 41,600

Total income= $88,000

Continue processing:

Reworked sales= 16,000*(8.1 - 4.8)= $52,800

It is more profitable to sell the units for scrap.

7 0

3 years ago

Hassock Corp. produces woven wall hangings. It takes 3 hours of direct labor to produce a single wall hanging. Hassock standard

NISA [10]

Answer:

Direct labor time (efficiency) variance= $2,080 unfavorable

Explanation:

Giving the following information:

Standard= 3 hours of direct labor per unit

The standard labor cost is $13 per hour.

During August, Hassock produced 9,000 units and used 27,160 hours

<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (3*9,000 - 27,160)*13

Direct labor time (efficiency) variance= $2,080 unfavorable

5 0

2 years ago

Harris Company manufactures and sells a single product. A partially completed schedule of the company’s total costs and costs pe

irga5000 [103]

Answer:

1. 67,000 87,000 107,000

Total costs:

Variable costs 261,300 339.300 417.300

Fixed costs 360,000 360,000 360,000

Total costs $621,300 $699,300 $777,300

Cost per unit:

Variable costs $3.9 $3.9 $3.9

Fixed costs $5.37 $4.14 $3.36

Total cost $9.27 $8.04 $7.26

2. Particulars Amount($)

Sales(97,000*8.08) $783,760

Variable costs(97,000*3.9) $378,300

Contribution margin $405,460

Fixed costs $360,000

Net operating income $45,460

Explanation:

1. The schedule of the company’s total costs and costs per unit would be as follows:

67,000 87,000 107,000

Total costs:

Variable costs 261,300 339.300 417.300

Fixed costs 360,000 360,000 360,000

Total costs $621,300 $699,300 $777,300

Cost per unit:

Variable costs $3.9 $3.9 $3.9

=(261300/67000)

Fixed costs $5.37 $4.14 $3.36

=(360,000/67000) =(360,000/87000) =(360,000/107,000)

Total cost $9.27 $8.04 $7.26

2. The contribution format income statement for the year would be as follows:

Particulars Amount($)

Sales(97,000*8.08) $783,760

Variable costs(97,000*3.9) $378,300

Contribution margin $405,460

Fixed costs $360,000

Net operating income $45,460

6 0

3 years ago

Garrett makes and distributes copies of here we go again, a movie copyrighted by indie motion pictures, inc. Garrett does this w

hjlf

He may be liable for<u> "damages, fines, or imprisonment."</u>

Copyright law does not contain any proviso that enables unapproved gatherings to make individual duplicates of copyrighted items. Be that as it may, under the teaching of "reasonable utilize," people might be allowed to make reinforcement duplicates or authentic duplicates of a few materials as long as specific conditions are met. Making a duplicate of a copyrighted work for your very own usability is probably going to be considered copyright encroachment. Be that as it may, on the off chance that you are making a duplicate so you may utilize a copyrighted item on the off chance that the first is stolen, harmed or devastated, your direct may fall inside the teaching of reasonable utilize.

3 0

3 years ago

Sandra, George, Jose, and Antwan are working on a project for a customer that is aimed at cutting the client's utility costs. Th

Maksim231197 [3]

Answer:

Virtual organization

Explanation:

A virtual organization or the business is the one which is defined as whose members are apart geographically, generally working through computer e- mail as well as groupware when appearing to others which is to be unified, single company with the real location physically.

In short, it is the permanent or temporary collection of the geographically dispersed groups, company, entire or individual units which ground on the electronic linking so that to complete the process of production.

So, in this case, the workgroup working on e-mail, phone and collaborative computing in order to complete the project. Therefore, it is an example of virtual organization or company.

5 0

2 years ago