The upper class makes up about 25 percent of the population in the United States. True or False

For each of the scenarios below, determine whether the employer is likely to be discriminating against a person because of age:

barxatty [35]

Answer and Explanation:

In the U.S., the Equal Employment Opportunity Commission (EEOC) is the authority protecting individuals from discrimination at work in any kind because of race, gender, age, religion, ethnicity, nationality, language, sexual orientation, impairment differences or any other type of unfair treatment not related to work itself.

Age discrimination could take place when certain groups of individuals are valued more than others because of their youth or because their white hair represents experience. In any situation, unequal opportunities are given which must be sanctioned. Thus:

A) A young lawyer who just finished work on a multimillion-dollar development deal downtown is hired by an economic development firm in lieu of an older lawyer who works on litigation.

This example does not represent discrimination because the election is based on performance rather than age.

B) A large retail outlet hires a 30-year-old woman to greet customers instead of an 80-year-old woman who has been greeting customers in other stores for a decade.

This example reflects discrimination because a younger woman is hired mainly based on her age rather than her expertise.

C) The owner of a local, hip smoothie bar in a university town just fired a graduate student who had worked at the bar for three years and instead hired a college sophomore.

This example represents discrimination since a younger student is hired to replace another student who was in the last year of university.

3 0

3 years ago

the manufacturing overhead account shows debits of $240,000, $192,000, and $224,000 and one credit for $688,000. based on this i

frutty [35]

The manufacturing overhead was overapplied by $32,000. Hence the correct choice of answer for this question would be option (b).

<h3>Give a brief account on manufacturing overhead.</h3>

Manufacturing overhead includes all incidental costs encountered during the production process. This overhead applies to units produced within a reporting period.

Some examples of costs that fall within the manufacturing overhead category are as follows:

Depreciation may be applied to production-related equipment.
property assessments for the manufacturing facility

Rent on the manufacturing facility
wages for maintenance workers
Manufacturing managers' salaries
salaries of the personnel in charge of materials
salaries of the quality assurance personnel
supplies not specifically related to the products
Building janitorial staff's salaries

As direct materials and direct labor are generally considered to be the only costs that are directly applied to a unit of production, manufacturing overhead is becomes all of the indirect costs that a factory incurs.

To know more about, manufacturing overhead, visit :

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The complete question is mentioned below :

The Manufacturing Overhead account shows debits of $240,000, $192,000, and $224,000 and one credit for $688,000. Based on this information, was manufacturing overhead over- or underapplied and by how much?

a. $32,000 overapplied

b. $32,000 underapplied

c. Overhead has not yet been applied

d. Overhead is neither over- or underapplied

6 0

10 months ago

On April 1, the price of gas at Bob’s Corner Station was $4.95 per gallon. On May 1, the price was $5.45 per gallon. On June 1,

AnnyKZ [126]

Answer: Please refer to Explanation

Explanation:

1. a. Between April 1 and May 1, Bob’s price increased by $0.50 , or by ___ %.

To calculate, divide the difference in the amounts by the amount the change occured from.

The price increased by $0.50 from $4.95. Percentage Increase should be,

= 0.5 / 4.96 * 100%

= 10.1%

b. Between May 1 and June 1, Bob’s price decreased by $ , or ____ %.

The Price by $0.5 from $5.95 to $4.95

= 0.5/5.95

= -9.17% (negative because it was a price decrease)

2. Across the street, their price is 20% higher than Bob's.

When Bob's prices are $5.45, there's are,

= 5.45 * ( 1 + 20%)

= 5.45 * 1.2

= $6.54

Difference is,

= 6.54 - 5.45

= $1.09

3. The Fed raised it's rate from 2% to 2.75%.

The change is,

= 2.75% - 2%

= 0.75%

This is a percentage Change of,

= 0.75/2 * 100%

= 37.5%

This change of 0.75 percentage points means that the Fed raised its target by approximately 37.5%.

8 0

3 years ago

Governor Smith of Georgia is presented with the following data: currently the state derives a total of $400 million of benefits

Rudiy27

Answer:

C)

In order to use the Cost-Benefit Principle correctly we need to compare the marginal benefit of the new spending, which is $25 million, with the marginal cost of the new spending, which is $50 million. This new spending makes no economic sense.

Explanation:

The cost-benefit principle in accounting states that the additional benefit must outweigh additional cost in an accounting system.

Spending of $250 million is giving $400 million revenue. The new proposal of spending $300 million to get $425 million implies we are spending extra $50 million to make extra $25 million.

This is not a good investment according to the cost-benefit principle.

8 0

3 years ago

Coronado's Place recorded the following data:

Lorico [155]

Answer:

The weighted average unit cost of the inventory at January 31 is $496

Explanation:

Weighted Average unit cost the average cost of units on hand on each day. It is calculated by dividing total inventory value by total available units.

Date Unit Received / Sold On Hand Unit Cost Balance

1/1 Inventory 540 units at $2.80 540 $1,512 $1,512

1/8 Purchased 960 units at $2.3 1500 $2208 $3,720

1/12 Sold 1,300 at ($3,720/1500) 200 $3,224 $496

4 0

3 years ago