If there is an increase in labor productivity, there will be an <u>increase </u>in wages and an <u>increase </u>in individuals employed.
If better insurance policies are mandated by the government then wages and the number of people employed will <u>both decrease</u>.
This shows that the entity that actually pays the costs of health insurance premiums is <u>employers</u>.
<h3>What happens when labor productivity rises?</h3>
When there is an increase in labor productivity, employers will demand more employees in order to produce more. This will shift the labor demand curve to the right.
The new intersection of the demand curve with the supply curve will see an increase in the wage rate and in the quantity of those employed in the labor market.
<h3>What happens if better insurance policies are imposed?</h3>
If the government mandates that employers should provide better insurance policies, it means that employers will start paying more in insurance premium contributions.
This increased cost of labor will lead to employers demanding less employees which will lead to a decrease in the wage rate and in the number of those employed.
This shows that employers are mostly the ones who pay for health insurance premiums which is why an increase in these premiums will increase the cost of labor for them.
Find out more on the labor market at brainly.com/question/4389927.
Answer:
The correct answer to the following question will be Option C.
Explanation:
- Equilibrium price will rise while volume will indeed fall if analysts or economists find a commodity to be "natural", a rise in disposable income would result in something like a decline in demand and sale for the product.
- Like the demand for a strong increase, the quantity began demanding for the provided product should then be that according to the quantity needed.
Other available scenarios have no connection with the particular circumstance. So choice C seems to be the perfect solution to that.
A = $250000 * (1 + 0.06/12)^(12 * 1/6)
≈ $252506.25
Answer:
cost depletion expense = $128700
so correct option is B. $128,700
Explanation:
given data
paid = $429,000
recover = 6,500 pounds
extracted = 1,950 pounds
sold = $277,000
to find out
cost depletion expense
solution
we get here cost depletion expense that is express as
cost depletion expense = 
× extracted ...........1
put here value we get
cost depletion expense = 
× 1950
cost depletion expense = $66 × 1950
cost depletion expense = $128700
so correct option is B. $128,700
Answer:
The amount of overhead debited to Work in Process Inventory should be: a. $182,00
Explanation:
The Overheads are Applied in the Manufacturing Costs as:
Budgeted Rate × Actual Activity for the Month
At the End of the Period we would need to determined whether this amount of overhead is Over or Under Applied by comparing it to the actual overheads incurred of $180,000 (given)
In our Case, the predetermined overhead rate is 70% of direct labor cost
<em>Thus we need to find the Direct Labor Cost first</em>:
Total Labor Costs $360,000
<em>Less </em>Indirect Labor Costs<em> </em>$100,000
Direct Labor Cost $260,000
<em>Therefore Overheads applied would be determined as:</em>
= $260,000 × 70%
= $182,000
