The compensation survey showed an average hourly rate of $23 for total compensation. Of this amount, wages are $16 per hour and benefits are $7 per hour. In comparison, Butcher Enterprises spends an average hourly rate of $19 for total compensation. Of this amount, 70 percent is allocated for wages.
1-7. On an average hourly basis, how much does Butcher Enterprises spend on wages and benefits, respectively, in dollars?
Answer:
Hourly wage = 0.7 * $19 = $13.3
Hourly benefit = 0.3 * $19 =$5.7
Explanation:
Butcher enterprises spends average hourly rate of total compensation = $ 19
Allocation for hourly wage = 70%
So therefore;
Hourly wage = 0.7 * $19 = $13.3
Allocation for hourly benefit = 30%
So therefore;
Hourly benefit = 0.3 * $19 =$5.7
Answer:
Availability bias
Explanation:
A manager has a very critical responsibility to evaluate employees from time to time. In that regard, the manager should not be bias otherwise it can badly affect the overall performance of a firm or organisation. In the above example, the manager's perception is affected by availability bias; it is a problem in which managers feel that available data is sufficient to form a conclusion.
Answer:
All of these.
Explanation:
The formula to compute the return on investment is as follows:
Return on investment = Net operating income ÷ Average operating assets
Here the return on investment means it calculates the manager performance that motivates them to rise the net operating income via cost efficiency also at the same time the average operating assets could be maintained at the normal level so that the operational efficiency could be accomplished
Therefore the last option is correct
A soft peg exchange rate may create additional volatility as exchange rate markets try to anticipate when and how the government will intervene.
<h3>What is an exchange rate?</h3>
An exchange rate refers to the value of a country's currency in relation to another currency. This entails the rate at which a currency will be exchanged for another.
It is the value of one currency for the purpose of conversion to another.
Learn more about exchange rate here : brainly.com/question/2202418
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Answer:
In order to buy citrus fruits costing 10,000 Cyprus pounds 25,132 US dollars must be paid
Explanation:
From the information in the question we already know that 1 Cyprus pound is 2.5132 US dollars so in order to find out how much dollars will be needed to purchase fruits worth 10,000 cyprus pounds we will multiply 10,000 by 2.5132.
10,000*2.5132= 25,132
So in order to buy citrus fruits costing 10,000 Cyprus pounds 25,132 US dollars must be paid