Answer: The corrects answers are "C) the pressures of competition in the labor market" and A) will push wage rates toward the marginal revenue product of labor.".
Explanation: Because the correct and complete statement would be: Even when competitive companies cannot directly calculate the product of marginal income, the pressures of competition in the labor market will push wage rates towards the product of marginal income from labor.
Making it clear that the strong pressures that are the product of competition in the labor market pushed wage rates towards the product of marginal income.
Answer:
$1,035,459.51
Explanation:
First we must determine the issuing value:
- cash flow 1 = $60,000
- cash flow 1 = $60,000
- cash flow 1 = $60,000
- cash flow 1 = $60,000
- cash flow 1 = $1,060,000
using an excel spreadsheet to calculate the bond's price with a discount value of 5%:
the bonds were sold at $1,043,294.77
the effective interest expense = bond's price x market interest = $1,043,294.77 x 5% = $52,164.74
bond's value = bond's price - (coupon payment - effective interest) = $1,043,294.77 - ($60,000 - $52,164.74) = $1,035,459.51
Bench trial is when you pay for the consequences and jury trial is when your speaking of the situation and they would have to choose a consequence
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Answer:
Direct material price variance= $5,000 unfavorable
Explanation:
Giving the following information:
Standard cost per unit 3 pounds at $2 per unit
Actual cost per unit 2.5 pounds at $3 per unit
During the month, 5,000 pounds of raw materials were purchased.
<u>To calculate the direct material price variance, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (2 - 3)*5,000
Direct material price variance= $5,000 unfavorable
