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3 years ago

components that should be included when compiling a report to the Minister of labour about employee profile in south Africa.

1 answer:

7 0

Components that should be included could be total number of employees, number of staff and numbers of hourly workers, length of employment for each worker, hourly rates for the hourly workers and pay raises according to the collective bargaining, and staff salaries, and productivity of say the hourly employees like in a mine, tonnes produced per manhour for the miners at the face or in the open pit for example.

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(a) At a product price of $67.00 (b) At a product price of $42.00 (c) At a product price of $33.00 Will this firm produce in the

Nimfa-mama [501]

a) Yes, $67 exceeds the loss—minimizing output.

Using the MR

They will produce 9 units.

Profits per unit = $67 - $50 = $17

Total profit = $153.

(b) Yes, $42 exceeds the loss—minimizing output.

Using the MR

They will produce 6 units

Loss per unit is = $42 - $47.50 = $5.50

Total loss = $33 (= 6 x $5.50), which is less than the total fixed cost of $60.

c) No, because $33 is less than AVC. If it did produce, the quantity will be 4—By producing 4 units, it would lose $78 [= 4 ($33 - $52.50)]. and if they didn't produce, it would lose only the total fixed cost of $60.

3 0

3 years ago

A machine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its oper

arsen [322]

Answer:

total cost of old machine $690000 and purchase new machine $584000

replace old machine with new

so cost saving $106000

Explanation:

given data

current book value = $720,000

depreciation = $400,000

operating expenses = $60,000

replacement machine cost = $480,000

operating expenses = $26,000

expected salvage value = $130,000

current disposal value= $170,000

residual value = $20,000

to find out

total costs and Should the old machine be replaced

solution

we find here total cost of old machine and new machine that is

particular old machine new machine

original cost is $720000 $480000

current value is $400000

now disposal val $170000

9 year disposal value $20000 $130000

annual opening cost $60000 $26000

total cost $690000 $584000

total cost of old machine $690000 and purchase new machine $584000

so it should be recommend here for replace old machine with new

so cost saving $106000

4 0

3 years ago

Dane, Inc. purchased 10 shares of its own $5 par value common stock for $20 per share. The journal entry to record this transact

atroni [7]

Answer:

Dr Treasury stocks 200

Cr Cash 200

Explanation:

Whenever treasury stock is repurchased, you must record the full purchase price under treasury stock account (debit balance) and credit cash or any other asset used to pay for them.

Treasury stock is a contra equity account that reduces the value of shareholders' equity, that is why it has a debit balance while shareholders' equity has a credit balance.

8 0

4 years ago

Carrie wants to open a boat shop right next to te beach. What type of utility is she implementing

Setler [38]

Answer:place utility

Explanation:

4 0

3 years ago

If a price floor is not binding, then A. there will be a shortage in the market. B. there will be no effect on the market price

jarptica [38.1K]

Answer:

The correct answer is A

Explanation:

Price floor, also referred to as the minimum price, which is described as the lower limit placed by the regulatory authority or the government on the price which is per unit of the product or the commodity.

Non- binding price floor, means that the price floor is less than the present price of the market, and the equilibrium price will be more or above the price floor.

So, when the price floor is not binding, then the market will be shortage or less than from the present price.

7 0

4 years ago