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nadya68 [22]
3 years ago
10

Lincoln electric believes in a highly motivated and highly skilled workforce. they choose to pay their employees based on produc

tivity so that those who produce more earn more. they use a ______________ as an incentive to their employees.
Business
1 answer:
mafiozo [28]3 years ago
6 0
They use a <span>Straight Piecework Plan </span>as an incentive to their employees.
The Straight Piece-Work System is the simplest  incentive approach in which the rate in keeping with unit of output is fixed, and the income of the employee are computed with the aid of multiplying his total output by rate per unit. We can also define this as the system or plan in which the employers or workers are paid according to the number of units produced during a defined time period at fixed rate.
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Answer:

The first loan for $8,000 could fall under the exemption of employer-employee loan. But then after the second is taken, that exemption would no longer apply. A minimum interest of $18,000 x 4% x 6/12 = $360 should be charged.

If the loan is considered a corporation-shareholder loan, then it doesn't qualify for any type of exemption, resulting in interests = ($8,000 x 4% x 6/12) = $160 for 2020

for 2021, interest applied = [($8,000 + $160) x 4%] + ($10,000 x 4% x 6/12) = $326.40 + $360 = $686.40

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A publisher for a promising new novel figures fixed costs​ (overhead, advances,​ promotion, copy​ editing, typesetting, and so​
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5,409 books

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break even point in units = total fixed costs / contribution margin per unit

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