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3 years ago

On average, someone with a Bachelor's degree is estimated to earn ____ times more than someone with a high school diploma.

2 answers:

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On average, someone with a bachelor’s degree is estimated to earn 1.6 times more than someone with a high school diploma.

Further Explanation:

Bachelor’s degree:

It is an undergraduate certification where the institute offers knowledge and training about the programs. The duration of undergraduate programs is of four years. The enrolled students get job opportunities after completion go the programs.

High school diploma:

The high school diploma specifies the standard from 9 to 12. The academic knowledge is provided to students by the educational institutes. However, the job opportunities are lower after completing the high school education. The amount of professional education is less in comparison to bachelor’s degree.

The students have ample opportunities after completing the graduation degree or bachelor program. Thus, as per US information department, the bachelor degree holder earns 1.6 times more than holder of high school diploma.

Learn more:

1. Learn more about profit margins

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2. Learn more about organizing data

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3. Learn more about liquidity account

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Answer details:

Grade: Middle School

Subject: Social studies

Chapter: Earning ratio

Keywords:

earning ratio, On average, someone, with a bachelor’s degree, is estimated, to earn 1.6 times, more than, with a high school diploma, undergraduate, course, grade 9 to 12, proper guidance and knowledge, professional manner, earn

Alex3 years ago

5 0

Answering the question, someone with a bachelor’s degree earns 1.6 times more than someone with a high school diploma

The figures analyzed by the US Department of Education’s National Center for Education every two years show that someone with a bachelor’s degree earn more than a person that possess a high school diploma.

<h2>Further Explanation</h2>

The NCES analysis in 2015, shows that adults with bachelor’s degree $48,000 in a year while those with high school diploma earns $23,900 yearly.

This analysis also shows that in the last 20 years the salary of someone with a bachelor’s degree has significantly increased while the salary of those with a high school diploma has also reduced significantly.

A bachelor’s degree is an undergraduate degree that is offered by four-year schools such as public, private, online colleges or universities.

Anyone that has a bachelor’s degree clearly shows they have fully and dully completed a general education in a certain major. To earn a bachelor’s degree, you must have fully completed 120 or 128 credit hours

On the other hand, a person will be awarded a high school diploma after graduation from high school. The certificate is mainly awarded by school and it is based on government rules or requirements. The high school diploma is an academic school leaving certificate.

LEARN MORE:

difference between 1st bachelor degree and 2nd bachelor degree brainly.com/question/5709442
Bachelor's degree brainly.com/question/2725985

KEYWORDS:

earn
salary
education
high school diploma
bachelor's degree

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Explanation:

Calculation to determine the profit

First step is to calculate the Direct Material and Direct labor per unit

Direct Material and Direct labor per unit=$100,000/16,000

Direct Material and Direct labor per unit=$6.25

Second step is to calculate the Relevant Variable Overhead

Relevant Variable Overhead = 20,000 * 20%

Relevant Variable Overhead= $4,000

Third step is to calculate the

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Fourth step is to calculate the Total Relevant Variable cost per unit

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