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2 years ago

Select all of the factors that affect the level of wages.

1 answer:

8 0

The factors that affect the level of wages are skills and abilities, the size of the labor pool, and the actions of labor unions. therefore, these options are correct statements.

<h3>How do you determine the level of wages?</h3>

Wages are decided through supply and demand, however, they may be stimulated through a huge form of factors, inclusive of the fee of living in a specific area, the presence of a union, and the modern-day minimal wage.

Pay prices additionally range through gender, race, training degree, and talent degree of the workforce.

Thus, the correct options are skills and abilities, the size of the labor pool, and the actions of labor unions.

Learn more about the level of wages here:

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How does innovation promote economic growth?

Dafna11 [192]

C. Innovation is the creation of new, original ideas. Inventors are usually described as innovative. New inventions create new markets.

Hope this helps!

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3 years ago

Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C

Vitek1552 [10]

Answer:

Bruce Corporation

Minutes of Grinding Machine Time required to satisfy demand for all four products:

Total Grinding Machine Time

Product A = 4.10 minutes * 4,300 demand units = 17,630 minutes

Product B = 5.60 minutes * 4,300 demand units = 24,080 minutes

Product C = 4.60 minutes * 3,300 demand units = 15,180 minutes

Product D = 3.70 minutes * 2,300 demand units = 8,500 minutes

Total = 65,400 minutes

Explanation:

The total minutes of Grinding Machine Time required to satisfy monthly demand for each product is calculated by multiplying the units demanded by the grinding minutes per unit.

This gives total minutes required for each product. Then, when they are summed, the total Grinding Machine Time is obtained.

This total can be compared to the total available minutes per month of 53,900 to obtain the additional minutes required above the minutes available in order to satisfy the products' demands.

8 0

3 years ago

A manufacturing company has budgeted direct labor hours of 600 at a variable overhead rate per direct labor hour of $20. The bud

LekaFEV [45]

Based on the labor hours and the overhead rate as well as the fixed cost, the total budgeted overhead cost will be $12,500.

<h3>What is the budgeted overhead cost?</h3>

This can be found as:

= (Variable cost per labor hour x Number of labor hours) + Fixed overhead cost

Solving gives:

= (20 x 600) + 500

= 12,000 + 500

= $12,500

In conclusion, the total overhead cost that would be budgeted is $12,500.

Find out more on budgeted costs at brainly.com/question/25406806.

3 0

2 years ago

Which of the following does NOT provide for incentives based on standards that are expressed in terms of time period per unit of

Lisa [10]

Answer:

a. Merrick System

Explanation:

Merrick System does not provide for incentives based on standards that are expressed in terms of time period per unit of production

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3 years ago

A group of middle school students were given a short course in math. The instructor was curious if a monetary incentive (money)

kap26 [50]

Answer:

Explanation:

Based on the information provided within the question it can be said that in regards to the experiment details the variables are the following:

The Independent Variable would be the $5 in money offered to some of the students. The Dependent Variable would be the test performance of each student. The Experimental group are the students that were offered money . The Control group are the students who were not offered money.

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3 years ago