Answer:
Advantages of Informal Sector employment:
Some employers pay well because company owners do not have many tax obligations. Employee effort is directed towards achieving profit rather than satisfying irrelevant routines.
There can be a close and direct relationship with the employer, therefore making it easy to get permission when in need of time off.
You are saved the hassle of paying Pay As You Earn tax.
There’s no red tape when it comes to dealing with personnel issues which are expressly handled either by the employer him/herself, or a senior manager.
Sometimes employment is done on the spot with little emphasis on attending lengthy job interviews and countless aptitude tests.
Sometimes one is employed because of one’s personal relationship with the employer rather than on merit.
Disadvantages of Informal Sector employment:
Little or no job security.
Unprotected by labour laws.
Odd working hours.
No pension, insurance or health insurance scheme.
Summary dismissals.
Difficult to make any savings due to low wages.
A brief illness or injury or injury can mean no financial means to survive.
Explanation:
Answer:
Contribution margin per unit= $33
Explanation:
Giving the following information:
The company regularly sells 20,000 units of its product for <u>$60 per unit. </u>
<u>Direct materials $ 10 per unit </u>
<u>Direct labor $ 12 per unit</u>
<u>Overhead costs for the year Variable overhead $ 3 per unit </u>
Fixed overhead per year $ 40,000
Selling and administrative costs:
<u>Variable $ 2 per unit </u>
Fixed $ 65,200
Normal production level= 20,000 units
Contribution margin= Selling price - unitary variable costs
Unitary variable cost= direct materials + direct labor + variable manufacturing overhead + variable selling and administrative
Unitary variable cost= 10 + 12 + 3 + 2= $27
Contribution margin per unit= 60 - 27= $33
Refiners are in the secondary sector of the market because they are taking inputs and making them into products for consumption.
Answer:
C) It would allow them to look at the furniture products that the company offers.
Explanation:
Setting up a website would be beneficial to the company, which will have its products on display, and may even make online sales, but especially to consumers, who can observe the types of wood products that this company produces. This can make consumers analyze products without having to go to the store, which makes buying something more comfortable.
