Labour Productivity is basically the worth of goods produced by each labour or collectively in an hour, This can be expressed in the formula below:
Labour Productivity per hour of work=
In order to find worth of goods we shall use below Formula:
Worth of Goods= Sale Price per Unit*Number of Units Sold
In given case there are 2 types of goods sold as below
1. Proper Garments
Worth of Goods Sold= $210*78 Garments
Worth of Goods Sold=$16380
2. Seconds
Worth of Goods Sold= $100*54
Worth of Goods Sold= $5400
Total Goods Sold= $5400+$16380
Total Worth of Goods=$21780
Total Hours Worked= No of Workers*Hours Worked each Worker
Total Hours Worked= 8*45
Total Hours Worked=360 Hours
Labour Productivity=
Labour Productivity=$60.5 per Hour
If a test is being used to make a dichotomous decision (e. G. , suitable or unsuitable for the job), the cutting marks the point of decision.
<h3>What is the usefulness of cut off mark in a test?</h3>
cut off mark in a test is been used in the selection process after the test which is very important in the point of decision.
And this will be necessary to get the good hand for the job when the test is being used to make a dichotomous decision.
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Answer:
Total taxable income = $245,000
Total Tax = $84430
Explanation:
given data
11% of first = $40,000 profits
22% of next = $26,000
39% of next = $29,000
42% of over = $95,000
gross revenues = $380,000
total costs = $120,000
allowable tax deductions = $15,000
to find out
taxable income for the first year and how much should the company expect to pay in taxes
solution
we get here first Total taxable income that is
Total taxable income = Total revenue - (Total cost + Tax deductions ) .......................1
put here value we get
Total taxable income = $380,000 - ($120,000 + $15,000 )
Total taxable income = $380000 - $135000 = $245,000
so total tax will be
Total Tax = [0.11 × 40000 + 0.22 × 26000 + 0.39 × 29000 + 0.42 × (245000 95000) ]
Total Tax = 4400 + 5720 +11310 +63000
Total Tax = $84430
Answer(1)
<em>b. interest rate at which banks can borrow reserves from the Federal Reserve</em>
Explanation:
The discount rate is known in America as the rate of interest which a central bank charges on its loans and advances to a commercial bank. This loans and advances are from the federal reserve.
Answer (2)
<em>a. more reserves, causing an increase in lending and the money supply</em>
Explanation:
Excess lending from the national reserve due to a lowered discount rate will lead to a reserve supply excess into commercial banks throughout the economy and expands the money supply .
Answer:
The correct answer is letter "C": services usually are labor-intensive.
Explanation:
A labor-intensive industry requires large amounts of human labor to make its goods or services. In labor-intensive industries, labor costs are more important than capital costs. Technological advances have rendered fewer industries labor-intensive but many remain including <em>hospitality, agriculture, </em>and <em>mining industries</em>.