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sineoko [7]
2 years ago
6

"Our workers are all under labor contracts; therefore, our labor rate variance is bound to be zero." Discuss.

Business
1 answer:
ipn [44]2 years ago
3 0

"Our workers are all under labor contracts; therefore, our labor rate variance is bound to be zero." : Several factors other than the contractual rate paid to workers can cause a labor rate variance. For example, skilled workers with high hourly rates of pay can be given duties that require little skill and that call for low hourly rates of pay, resulting in an unfavorable rate variance. Or unskilled or untrained workers can be assigned to tasks that should be filled by more skilled workers with higher rates of pay, resulting in a favorable rate variance. Unfavorable rate variances can also arise from overtime work at premium rates. What effect, if any, would be expected poor-quality materials to have on direct labor variances? 10-10. If poor quality materials create produced.

What are labor and example?

The definition of labor is physical or mental work or effort. An example of labor is studying hard for a test. An example of labor is a woman giving birth to a baby. Labor includes both physical and mental work undertaken for some monetary reward. In this way, workers working in factories, the services of doctors, advocates, ministers, officers, and teachers are all included in labor.

Labor represents the human factor in producing the goods and services of an economy. finding enough people with the right skills to meet increasing demand. This often results in rising wages in some industries.

learn more about labor here

brainly.com/question/453055

#SPJ4

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If a business has a surplus of goods, what is something they can do to raise demand?
m_a_m_a [10]

Answer:

They can lower the price.

Explanation:

When goods are more cheaper, more people will want to buy their products. Or they could just sabotage the entire market (just kidding) Brainliest maybe?

8 0
3 years ago
When a company pays a dividend, it isn't as simple as getting a paycheck from one's employer. There are several critical dates i
belka [17]

Answer: 1. Declaration Date

2. Payment Date

3. Holder-of-record date

4. Ex-dividend date

Explanation:

1. On the Declaration Date, the company's Director announces that they will pay a dividend as well as the amount of the dividend. This is recorded in the books by crediting it to Dividends payable.

2. On Payment day the dividends are disbursed amongst shareholders. Cash Account is credited and Dividends Payable is debited.

3. The Holder-of-record day is the day the company notes who the owners of it's stock are so that they may receive the dividend.

4. On the Ex-dividend date which is usually 2 days before the record date, any stock bought on or after this date will.not receive any Dividend payment.

6 0
3 years ago
Goodwin Technologies, a relatively young comply, has been wildly successful but has yet to pay a dividend. An analyst forecasts
aleksandrvk [35]

Answer:

Horizon value is $22.59  

Intrinsic value is $16.32

Explanation:

D3=1.5000

D4=1.5000*(1+7.8%)

D4=1.6170

D5=1.6170 *(1+7.8%)

D5=1.7431

D6=1.7431 *(1+3.42%)

D6=1.8027

horizon value is the same as the price of the stock(the terminal value) using the dividend in year 6

P=D5*(1+g)/(r-g)

D5=$1.7431

g is the constant growth rate of 3.42%

r is the required rate of return of 11.40%

P=$1.7431*(1+3.42%)/(11.40%-3.42%)

P=$1.8027/0.0798 =$22.59  

Goodwill Technologies share price is $22.59

Current intrinsic value is the dividends payable in relevant years plus the horizon value discount to present value as follows:

Present value of D3                =1.5000/(1+11.40%)^3=$1.0850

present of value of D4            =1.6170 /(1+11.40%)^4=$1.0500

present value of D5                 =1.7431 /(1+11.40%)^5=1.0160

present value of horizon value=$22.59/(1+11.40%)^5=13.1671

Total present values                                                       $16.32                                      

8 0
3 years ago
A customer has a broadly diversified stock portfolio with a current market value of $2,500,000. The customer wishes to hedge the
Mars2501 [29]

Answer:

C) buy 100 SPX 2500 Puts

Explanation:

SPX stock is based on the Standard and Poor's stock index, so if the investor is worried about a market decline, if he purchases put options and the marker declines, he/she will actually earn money. Each SPX 2500 contract covers approximately $250,000 of portfolio value, so if the investor purchases 10 put options then the whole portfolio would be covered.

8 0
3 years ago
What are the Principal's of Management..??​
zysi [14]

Answer:

Formally defined, the principles of management are the activities that plan, organize and control the operations .

Explanation:

7 0
3 years ago
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