<span>This is an example of the financing portion of a business model. There are a few ways for a business to obtain the capital needed to open the doors and start their business. Loans or debt is one of the ways that is usually sought when attempting to start a business, this is classified as a liability on the balance sheet. Another way a business can secure money for a business is through equity, this is done through money from the owners pockets, or other partners that want a stake in the ownership of the business. This is shown as stockholder's equity on the balance sheet.</span>
Answer: e) lower wage costs
Explanation: Reduction in the size of the workforce always have an immediate positive result or outcome in the case of lower wage costs. Companies who tend to cut employees and don't restructure experience stress reactions among their employees that can lead to increased sickness absences, lower concentration on the job, and lower creativity. But reduction in wages tend to have positive effects on the company.
Answer:
Budgeted direct labor cost for July = $4,278
Explanation:
Given:
Production in July = 230 units
Hours of direct labor = 1.5 hours per unit
Direct Labor rate = $12.40 per hour
Indirect labor rate = $19.40 per hour.
Find:
Budgeted direct labor cost for July
Computation:
Budgeted direct labor cost for July = (Production in July)(
Hours of direct labor)(
Direct Labor rate)
Budgeted direct labor cost for July = (230)(1.5)(12.4)
Budgeted direct labor cost for July = $4,278
