All categories

3 years ago

What is one action an employer can take to lower wage levels?

1 answer:

6 0

The answer is C. Replace workers with machine

It's common for a company to replace workers with maschines in order to do hard menial labour such as wrapping packages, cutting products, shaping the products, moving the raw material, etc. which could increase efficiency and lower wage levels at the same time

Read more about market price

brainly.com/question/17205622

#SPJ1

7 0

2 years ago

Manufacturing activities consist of materials, production, and sales activities. The materials activity consists of the purchase

sergey [27]

Answer:

a. Raw materials used

b. Raw materials beginning inventory

c. Raw materials purchases

Explanation:

Note: The materials activity consists of the purchase and issuance of materials to production

Thus, the items that are classified as a materials activity are :Raw materials used, Raw materials beginning inventory and Raw materials purchases

4 0

3 years ago

Suppose the reserve requirement is 5 percent. How much would reserves need to be initially increased to eventually increase the

Keith_Richards [23]

Answer:

$50

Explanation:

If the required reserves are 5%, then the money multiplier = 1 / 5% = 20. If the FED wants to increase the money supply by $1,000, then it needs to initially inject $1,000 / 20 = $50 into the economy.

When the FED wants to increase the money supply, it engages in an expansionary monetary policy. If it wants to decrease the money supply, then it will engage in a contractionary monetary policy.

7 0

4 years ago

’"People in business get ahead by exploiting the needs of their consumers. The gains of business are at the expense ofsuffering

damaskus [11]

Explanation:

This question is imprecise, because the reason for the existence of business is to satisfy the needs of consumers, being characterized as an economic activity whose main objective is to generate profits.

Therefore, the economic needs of society are not met by companies at the expense of the suffering imposed on their customers, since the goods and services produced exist to satisfy the human needs necessary for a better quality of life.

It is also important to emphasize that, currently, there is a new interaction between company and consumer, where there is a much more direct relationship, where there is a social demand that companies be much more than just profitable entities, consumers expect companies to exercise a social role of contributing to the social and environmental development of the macroenvironment in which it is inserted. Therefore, a company that does not exercise corporate governance in the globalized world, has little conditions to remain in the market in the long run.

8 0

3 years ago

Flint Company sold 202 color laser copiers on July 10, 2020, for $3,720 apiece, together with a 1-year warranty. Maintenance on

vlabodo [156]

Answer:

Flint Company Journal entry

Jul. 10,2020

Dr Cash 751,440

(202*3,720)

Cr Sales Revenue 751,440

During 2020

Dr Warranty expense 18,560

Cr Inventory 18,560

Dec. 31,2020

Dr Warranty expense 53,150 (202*355)-18,560

Cr Warranty Liability 53,150

Explanation:

On July 10 2020 Flint Company was said to sold 202 of his color laser copiers for $3,720 which means we have to Debit cash with an amount of 751,440(202*3,720) and Credit sales Revenue with the same amount.

December 31, 2020 the Actual warranty costs incurred were $18,560 which means we have to Debit Warranty expense with 18,560 and Credit Inventory with 18,560

The Maintenance on each copier during the warranty period was estimated to be $355 which means we have to Debit Warranty expense with 53,150 [(202*355)-18,560] and

Credit Warranty Liability with 53,150.

8 0

4 years ago