In building a sustainable economy, there are three-step process that should be followed :
First , Shift towards a new business model that generate a shared value
Second, Create Assets' ownership structures
Third, involves indicators that indicate progress, such as social and health indicators
Answer:
regular work hour- employee are expected to on the basis of their employment contract.
overtime- hours worked exceed normally scheduled working hours.
Answer:
<h2>Under diseconomies of scale,firms experience decreasing returns to scale.Hence,the answer would be option B. or output will increase but less than double.</h2>
Explanation:
- Diseconomies of scale is characterized as a situation in production where any firm experiences increase in the average cost of production as the output or production level expands.
- Diseconomies of scale can occur when the productive resources of the factors/inputs of production looses their productive efficiency in the production process and is not able to generate proportionate or higher production level or output.
- As a result,the output or production level obtained by employing a certain level of factor inputs or productive resources is usually less than the amount or proportion of those factor inputs or resources.
- In other words,due to lower productive capacity or efficiency the productive resources or factors inputs are not able to manufacture or generate proportionate or higher levels of output and hence,the firms end up investing more on these resources or inputs but do not obtain proportionately expected output level.
Answer:
Direct material price variance= $1,200 favorable
Explanation:
Giving the following information:
Standard price= $8 per gallon
Last month, 3,000 gallons of direct materials were purchased for $22,800.
To calculate the direct material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Actual price= 22,800/3,000= $7.6 per gallon
Direct material price variance= (8 - 7.6)*3,000= $1,200 favorable
Answer:
Explanation:
The journal entries are shown below:
1. Retained earnings A/c Dr $59,680
To Dividend payable A/c $59,680
(Being the declaration of the cash dividend is recorded)
The computation is shown below:
= Preferred stock × cash dividend percentage + common stock shares × cash dividend per share
= $128,000 × 6% + 52,000 shares + $1
= $7,680 + $52,000
= $59,680
2. Dividend payable A/c Dr $59,680
To Cash A/c $59,680
(Being the dividend is paid for cash)
