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xxTIMURxx [149]
1 year ago
10

in a given year, many unskilled workers in the united states earned the federal minimum wage of $7.25 per hour. by contrast, ave

rage earnings in that same year were about $27 per hour, and certain highly skilled professionals, such as doctors and lawyers, earned $135 or more per hour.
Business
1 answer:
alexdok [17]1 year ago
3 0

In a given year, many unskilled workers in the united states earned the federal minimum wage of $7.25 per hour. by contrast, average earnings in that same year were about $27 per hour, and certain highly skilled professionals, such as doctors and lawyers, earned $135 or more per hour.

While you earn a profit, each time your paycheck arrives, it's for an equal amount. An annual salary is a term of your employment, and that is how much you'll get hold of for so long as you keep the equal process or until the phrases are renegotiated. it's miles a kind of implicit price.

The wage rate definition is the charge of repayment for an employee. it's by far one of the critical issues of the look at human resources. It's far decided with the aid of 2 factors: productivity at work or number of production hours. This examination is referred to as salary fee economics.

Even though there are a number of complex alternatives involved, in line with PayScale, most jobs wreck down into one in all fundamental classes on the subject of a paycheck: hourly or earnings.

Learn more about wages here brainly.com/question/1622389

#SPJ4

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High-Low Cost Estimation and Profit Planning Comparative 2007 and 2008 income statements for Dakota Products Inc. follow: DAKOTA
Vika [28.1K]

Answer:

(a)

5,500 units

(b)

6,125 units

Explanation:

First, we need to calculate the per unit selling price.

                        2007       2008

Unit sales        5,000      8,000

Sales revenue $60,000 $96,000

Selling Price    $12           $12

Now we need th separate the vairbale and fixed cost from total expense using high low method

Variable cost = ( Higher activity Expense - Lower activity Expense ) / ( Higher activity - Lower activity )

Variable cost = ( $76,000 - $64,000 ) / ( 8,000 units - 5,000 units )

Variable cost = $12,000 / 3,000 units = $4 per unit

Fixed cost = $76,000 - ( $4 x 8,000 units ) = $44,000

Contribution Margin = Selling Price - Variable cost = $12 - $4 = $8

(a)

Breakeven Point = Fixed Cost  / Contributin margin per unit

Breakeven Point = $44,000 / $8 = 5,500 units

(b)

Target sales = ( Fixed cost + Desired Profit ) / Contribution margin per unit

Target sales = ( $44,000 + $5,000 ) / $8 = 6,125 units

8 0
3 years ago
Suppose that actual inflation is 3 percent, the Fed's inflation target is 2 percentage points, and unemployment rate is 3 percen
Dahasolnce [82]

The government would set its targeted interest at 6.5%

Based on the Taylor's rule

R = π + A + 0.5(A-A*) + 0.5

This is the formula that helps to get the output gap

<u>Definition of terms</u>

R is the nominal federal funds rate

π is the real rate of federal funds = 2%

A is the rate of inflation

A* is the target of of inflation = 2%

Rate of unemployment = 3%

The government has a target of full employment that is at 4 percent.

When we enter the values into the formula

R = 2% + 3% + 0.5(3%-2%) + 0.5%(2%)

= 5% + 0.5% + 1%

= 6.5%

Therefore the government would set its targeted interest at 6.5%

Read more on brainly.com/question/14466278?referrer=searchResults

5 0
2 years ago
Use the drop-down menus to complete the steps for creating a subform.
Maksim231197 [3]

Answer:

Design, Design, Click and Drag, Subform Wizard

Explanation:

Enginuity 2022

7 0
2 years ago
When Farmer Hoglund applies N pounds of fertilizer per acre, the marginal product of fertilizer is 1 -N/200 bushels of corn. If
eimsori [14]

Answer:

to maximize profit, farmer must use 0.208 pounds of fertilizers

Explanation:

For profit maximization, marginal revenue must be equal to marginal cost.

Here marginal product of fertilizer= 1-N/200

selling price per busher= $4

total marginal revenue= (1-N/200)× 4

Total cost of fertilizer= 1.2N

To maximize profit

Marginal cost= marginal revenue

1.2N= (1-N/200)× 4

4.8N= 1-N/200

N= 0.208 pounds

to maximize profit, farmer must use than 0.208 pounds of fertilizers

6 0
3 years ago
Read 2 more answers
HEEELLLLPPPP!!!!!!!!!!!!!!!!!!!!!
lys-0071 [83]

Answer:

W-2, 1099, 1040, I-9, W-4

Explanation:

5 0
3 years ago
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