Answer:
Contingent workers
Explanation:
Contingent workers are people hired to do a specific assignment in an organization. They consist of independent workers, freelancers, consultants, out-sourced employees, and other non-permanent workers who are hired on per job basis. Contingent workers are not considered employees of the organization.
Contingent workers are usually highly skilled, unlike most of the temporary workers. They are hired to work on specific tasks in their areas of specialization. Contingent workers exit a company after their task is completed. They may be re-hired by the same company or any other institution. For example, a tax consultant may be contacted to do tax calculations in a company. Once the assignment is over, they get paid and leave the organization.
Answer:
False
Explanation:
As for an individual, short term goal period does not exceed a time span of maximum 6 months.
More than that will always be considered as long term goal.
Buying a flat screen TV is short term but collecting money for that in term of 3 years is always long term as the period is more than 6 months.
Therefore, the above statement is false.
Answer:
The Breakeven point is 13,000 units.
Explanation:
The breakeven point can be found from the following equation:
Breakeven units = Fixed Costs / Contribution Per unit
Here, contribution per unit is $5 per unit which is the difference between the selling price and variable costs per unit.
The fixed cost here is $65000.
By putting the values in the above equation, we have:
Breakeven units = $65,000 / $5 per unit = 13,000 units
Answer:
The answer is given below;
Explanation:
These are called trade receivables.
When the sales are made on credit,the outcome is accounts receivable which are realized at some point of time as agreed between the seller and buyer.
In case of note receivable,these are amounts owed to the company by the clients who have signed promissory notes as evidence to pay in future.
Answer:
Explanation:
textAndrew Company has predicted the following costs for this year for 50,000 units:ManufacturingSelling and AdministrativeVariable$200,000$ 50,000Fixed300,000150,000Total$500,000$200,000What is the initial selling price needed to obtain a target profit of $25,000 using the variable costmarkup method?Select one:A. $14.70B. $ 5.00C. $ 8.00D. $ 4.50FeedbackRationale
:($300,000 + $150,000 + $35,000) / ($200,000 + $50,000) = 194%
markupVariable cost per unit = ($200,000 + $50,000) / 50,000 = $5.00 × 1.94 = $9.70 markup
Cost plus markup = $5.00 + $9.70 = $14.70
OR(VC $250,000 + FC $450,000 + Profit$35,000) / 50,000 = $14.70The correct answer is: $14.70
