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Oduvanchick [21]
4 years ago
8

If an applicant is not hired because the applicant has previously claimed overtime which they were owed, they are likely to be c

overed under the
Business
1 answer:
timama [110]4 years ago
3 0

Answer: Fair Labor Standards Act

Explanation:

The Fair Labor Act which is enforced by the US Department of Labor is meant to govern issues of remuneration in labor such as minimum wages and overtime pay. This Act applies to private workers at the Federal, State and Local levels of Government.

This Act stipulates that Overtime should be paid to an employee with certain conditions attached and if those conditions are fulfilled, the company ought to pay the employee that Overtime. If the Employee demands their overtime and is subsequently treated unfairly in hiring, the Department of Labor will be able to protect the Employee under this Act.

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When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sol
Ghella [55]

Answer:

Inelastic

Explanation:

When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sold. Using the midpoint method, hamburgers are said to be inelastic

1. Change in price = 2.75-1.5 / (1.5+2.75)/2 = 1.25/2.125 = 0.59

2. Change in quantity demanded = 375-250 / (375+250)/2 = 125/ 312.5 = 0.4

3. Price Elasticity = 0.4/0.59 = 0.68

4. When the value of elasticity is less than 1, it suggests that the demand is insensitive to price and is inelastic

7 0
3 years ago
Last year, The Pizza Joint added $6,230 to retained earnings from sales of $104,650. The company had costs of $87,300, dividends
Dmitrij [34]

Answer:

$2,503 = Depreciation Expense

Explanation:

Net profit = $6,230 that is amount added to retained earnings.

Net profit = Sales - Cost - Depreciation - Interest - Taxes - Dividends

Sales = $104,650

Costs = $87,300

Interest = $1,620

Earnings before depreciation and taxes = $104,650 - $87,300 - $1,620 =  $15,730

Earnings after interest depreciation and taxes = $6,230 + $2,500 = Net profit + Dividend = $8,730

Therefore

(15,730 - Depreciation) - (15,730 - Depreciation) \times 34% = $8,730

$15,730 - Depreciation - ($5,348 - 0.34 Dep) = $8,730

$10,382 - 0.66 Depreciation = $8,730

$1,652 = 0.66 Depreciation

$2,503 = Depreciation Expense

7 0
4 years ago
Strait Co. manufactures office furniture. During the most productive month of the year, 3,300 desks were manufactured at a total
Elza [17]

Answer:

Using the high-low method of cost estimation, total fixed costs are $47,020  

Explanation:

Cost at highest level of activity = $82,000.00

Cost at Lowest level of activity = $59,000.00

Highest level of activity = 3,300

Lowest Level of activity = 1,130

Variable cost per unit = $(82,000 - 59,000) ÷ (3,300 -1,130)  

Variable cost per unit = $23,000 ÷ 2,170  

Variable cost per unit = $10.60  

Fixed Costs = $82,000 - (3,300 × 10.60)  

Fixed Costs = $47,020  

6 0
3 years ago
George is going shopping for a new car to replace his old one. Which of these costs would be
uranmaximum [27]

The cost that would relevant in the choice of a new car is the the cost to operate the new vehicles.

<h3>What cost would be relevant?</h3>

The cost that would be relevant in the choice of a new car is the cost that is dependent on the type of car chosen. The cost to operate the new car would depend on the type of car chosen. If George buys a more fuel efficient car, the cost of running the car would be cheaper.

To learn more about cost, please check: brainly.com/question/27127934

4 0
3 years ago
Why must the eliminating entries be entered in the consolidation worksheet each time consolidated statements are prepared?
DedPeter [7]

Answer:

The reason to prepare the consolidation worksheet is to maintain the record of what is finally entered in the books to record the transactions in between the holding and subsidiary.

This basically thus, requires the elimination of all the assets and liabilities of the subsidiary, and creation of such assets and liabilities into the balances of the holding(parent) company. In this manner the elimination is necessary to record.

So that there is no error in the form of multiple record of assets and liabilities, or in the form of no record of assets and liabilities of the subsidiary.

8 0
4 years ago
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