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svp [43]
3 years ago
9

The main reason that firms outsource is that: low-wage workers in other countries are more productive than are u.s. workers. hir

ing low-wage workers reduces firms' costs. hiring low-wage workers provides a tax deduction to firms. u.s. workers cannot perform the tasks performed by workers in other countries.
Business
1 answer:
djyliett [7]3 years ago
6 0
Productive than are u.s. workers. hiring low-wage workers reduces
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2018, the westgate construction company entered into a contract to construct a road for santa clara county for $10,000,000. the
Firlakuza [10]

Answer:

2018: 28% 2,800,000

2019: 22% 2,200,000

2020: 50% 5,000,000

Explanation:

2018 revenue

total cost:

2,044,000 + 5,256,000 = 7,300,000

percentage of completion: 2,044,000/7,300,000 = 28%

revenue recognition: 10,000,000 x 28% = 2,800,000

2019 revenue

cost: 2,628,000 + 2,628,000 = 5,256,000

percentage of completion: 2,628,000 / 5,256,000 = 50%

revenue recognition: 10,000,000 x (50% - 28%) = 2,200,000

2020 revenue

as the company's finished the cosntruction it recognzie the entire amount left

10,000,000 - 2,800,000 - 2,200,000 = 5,000,000

7 0
3 years ago
Albatross Company purchased a piece of machinery for $60,000 on January 1, 2019, and has been depreciating the machine using the
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3 years ago
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He auto repair shop of Quality Motor Company uses standards to control the labor time and labor cost in the shop. The standard l
dalvyx [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The standard labor cost for a motor tune-up is given below:

Standard Hours= 2.5

Standard Rate= $33

Standard Cost Motor tune-up= 82.5

The shop supervisor recalls that 58 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups:

Labor rate variance $ 80 F

Labor spending variance $ 118 U

1) Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (58*2.5  - actual quantity)*33

118= (145 - AQ)*33

118= 4,785 - 33AQ

-4,667= -33AQ

141.42= Actual Quantity

2) Direct labor price variance= (SR - AR)*AQ

80= (2.5 - Actual rate)*141.42

-273.55= -141.42AR

1.92= Actual rate

8 0
3 years ago
What actions might be taken by businesses and government in each phases of the business cycle
NNADVOKAT [17]
<span>The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (GDP) and other macroeconomic variables. A business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. Economists note, however, that complete business cycles vary in length. The duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. Some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. But the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.</span>
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3 years ago
An annuity immediate pays 15 at the end of years 1 and 2, 14 at the end of years 3 and 4 and so on. The payments decrease by 1 e
Inessa05 [86]

Answer:

$138.63

Explanation:

I used an excel spreadsheet and the NPV function to determine the present value of this annuity. The present value of this annuity is $138.63

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3 years ago
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