What is an an intrinsic reward?

1 answer:

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An intrinsic reward is an internal reward that employees achieve from completing their tasks or projects successfully. These rewards are mostly psychological and are based on the effort and abilities of a person

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Milk producers across Arizona and nationwide currently are facing prices that are so low that many dairies have already gone ban

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Question Completion:

What is a price floor?

Answer:

A price floor of $2 for milk producers across Arizona and nationwide means that the government does not want the price of milk to fall below $2. This measure enables dairies to remain in operation. It favors producers to the detriment of consumers, at least in the short-run.

Explanation:

However, assuming that the market was efficient before the price floor was introduced by the government, the price floor of $2 per gallon for milk could cause a deadweight loss to occur. In Economics, a deadweight loss reduces economic efficiency. It implies that consumers pay a higher price for the same quantity of goods they were purchasing before the price floor was introduced. Thus, the reaction of consumers would be to reduce their demand or drop out of the market entirely (instead of producers dropping out of the market through the normal operation of the market forces).

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Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of

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Answer:

1. Overhead rate based on direct labor cost = Overhead applied * 100/Direct labor cost

Overhead rate = 888 * 100/1200

Overhead rate = 74% of direct labor cost

2. Preparation of the brief job-order cost sheet for the four jobs.

Job 86 Job 87 Job 88 Job 89

Beginning balance, March 1 6,888 6,820

Direct materials 3,000 7,000 2,100 1,500

Direct labor 800 6,000 900 500

Applied overhead 592 4440 666 370

Total Balance March 31 11,280 24,260 3,666 2,370

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Someone who avoids high risk is least likely to invest in:

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A large U.S.-based mechanical engineering firm, wants to enter the global market. Upon careful analysis of the market, they will

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Answer:Is big business that is very competitive today,and is expected to be more important and more competitive in the future.

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