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3 years ago

Which of the following reasons does not contribute to a higher level of unemployment?

1 answer:

7 0

Hi there!

The answer is A) A lack of labor mobility as people choose to remain in their hometown.

Unemployment is a complex issue, here are the reasons why the other options increase unemployment:

-Reduction in Union bargaining activities would increase unemployment because employers wouldn't have as many restrictions to reduce their workforce.

-Reduction in economic activity due to a recession would increase unemployment as the demand for products, and for workers too, will decrease.

-The existence of efficiency wages causes unemployment because the demand for labor will decrease, as employees get more and more efficient.

A lack of labor mobility as people choose to remain in their hometown will not contribute to a higher level of unemployment. Instead, labor mobility can increase unemployment because there would be an oversupply of labor in a specific region.

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Camino’s cost of goods sold and operating expenses are 80 percent variable and 20 percent fixed. Camino has received an offer fr

aniked [119]

Answer: -$140000

Explanation:

Total operating expenses, = fixed costs + variable cost

Fixed cost is 20% = $60000

Variable cost is 80%

Therefore Total Operating expenses is $300000

When we subtract the total operating expenses (300000) from the total revenue (160000) , we get -140000.

Camino's is having a net operating loss of $140000. To make profit, they need to sell above 37500 cups

7 0

2 years ago

Bedford had this info at the end of 2015, its first year of operations: No other permanent or temporary differences exist. The l

Alex73 [517]

Answer: $150,000

Explanation:

Seeing as the litigation expense will only be paid in 2018, it should be added back to income for 2015.

= 900,000 + 100,000

= $1,000,000

As the depreciation will reverse evenly over the next three years and with future income probable, it should be removed from income.;

= 1,000,000 - 300,000

= $700,000

Municipal Bonds have the advantage of being Tax-exempt so their interest income should be removed to calculate how much tax should be paid.

= 700,000 - 200,000

= $500,000

2015 Income Tax Payable = 500,000 * 30%

= $150,000

5 0

3 years ago

Multiple Production Department Factory Overhead Rates

Vinil7 [7]

Answer:

total overhead costs for blending department = $342,000

total machine hours blending department = 2,960

overhead rate per machine hour = $342,000 / 2,960 hours = $115.5405405 per machine hour

total overhead costs for packaging department = $324,000

total direct labor hours packaging department = 800

overhead rate per direct labor hour = $324,000 / 800 hours = $405 per machine hour

product blending department packaging department

Whole milk 1,210 x $115.54 = $139,804 260 x $405 = $105,300

Skim milk 980 x $115.54 = $113,230 280 x $405 = $113,400

Cream 770 x $115.54 = $88,966 260 x $405 = $105,300

total $342,000 $324,000

total overhead rate assigned to each product:

product blending dep. packaging dep. total

Whole milk $139,804 $105,300 $245,104

Skim milk $113,230 $113,400 $226,630

Cream $88,966 $105,300 $194,266

total $342,000 $324,000 $666,000

7 0

3 years ago

Racing Motors wants to save $825,000 to buy some new equipment three years from now. The plan is to set aside an equal amount of

Salsk061 [2.6K]

Answer:

It will have to save 51,224.05 to reach their financial goal of 825,000 in thre years at the given market rate

Explanation:

We have to solve for the annuity-due future value installment

$FV \div \frac{(1+r)^{time} -1}{rate}(1+r) = C\\$

FV $825,000.0000

time 12 (4 quartes x 3 years )

rate 0.0445

$825000 \div \frac{1-(1+0.0445)^{-12} }{0.0445} = C\\$

C $ 51,224.043

8 0

3 years ago

When determining the production possibilities curve

cestrela7 [59]

So when we are determining the production possibilities curve, the amount of productive resource remain constant or at least an assumption is made that the amount of resources is fixed while deriving the curve. This is done that way because to avoid fluctuations in the curve while analyzing the curve.

4 0

2 years ago