Which of these statements explains the term price?

jon schwartz is an electrical engineer. he works as a temporary worker for a contracting company that builds germ-free rooms for

balu736 [363]

'Jon Schwartz is an electrical engineer. he works as a temporary worker for a contracting company that builds germ-free rooms for university researchers. While he likes the extra income, he would much rather stay home and work on the novel he is writing. his wife earns a six-figure income so money is not an issue. Schwartz is an example of a(n) contingent worker.

Contingent workers, additionally called impartial contractors or 1099 people, are folks who lend their skills and information to a commercial enterprise on a venture with the aid of-project or short-time period basis.

Contingent people, also called independent contractors or 1099 people, are folks that lend their skills and know-how to a commercial enterprise on an assignment-by-using-assignment or short-term foundation.

While you rent a contingent staff for short-term assignments, it allows you to lessen expenses. Unlike everyday personnel, you don't need to manipulate and endure their overhead prices. Moreover, groups need now not provide them with other worker benefits like health insurance, perks, paid time off, and many others.

Learn more about Contingent workers here brainly.com/question/13872123

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7 0

1 year ago

Which of the following statements is true? A) Corporate mission is shaped by functional strategies. B) Corporate strategy is sha

11Alexandr11 [23.1K]

Answer:

The answer is C, functional strategies are shaped by corporate strategy

Explanation:

Corporate strategy are plans, procedures, policies and other form of strategic documentation that defines the company or organisation overall progress. The strategic document at this stage is designed by decision makers at the highest hierarchy of the organisation.

While

Functional strategy are strategic process and polices already designed by the governing or deciding body of topmost hierarchy and passed down to functional operational department of an organisation to adopt.e.g, operations department, finance department, training department,etc. they are mostly at the base of the chart.

Therefore, The functional strategy are shaped by corporate strategy.

6 0

2 years ago

Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead

Makovka662 [10]

Answer:

The Corporation's manufacturing overhead cost for the year was $543,840

Explanation:

Giving the following information:

Last year, the Corporation worked 60,500 actual direct labor-hours and incurred $532,000 of actual manufacturing overhead cost.

The Corporation had estimated that it would work 61,800 direct labor-hours.

First, we need to calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 532,000/60,500= $8.80 per direct labor hour.

Now, we can allocate overhead based on actual direct labor hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 8.8*61,800= $543,840

3 0

3 years ago

Import tariffs generally ________ the output of domestic producers of the affected products and also _________ the output of dom

Lady_Fox [76]

Answer:

increase , decrease

Explanation:

Import tariffs are amount levied on the imports of goods. tariffs makes imports more expensive and discourages import.

if an import tariff is in place for a particular good, the import of that good would reduce and this would increase domestic producers to produce more of the good to meet the demand of the good. so output of domestic producers would increase.

Because output is consumed domestically, exports would reduce.

6 0

2 years ago

A stock is trading at $58. You believe there is a 70% chance the price of the stock will increase by 10% over the next 3 months.

MAXImum [283]

Answer: $498

Explanation:

A Put is an option that will only be exercised if the price of the underlying security which is the stock in this case, falls below the current price of $58.

This means that we will not include the 70% chance of increase in our calculation.

In a contract, there are 100 shares.

Expected profit = Contract price - (Prob. of dropping by 10% * 10% of stock) - (Prob. of dropping by 20% * 20% of stock)

= 730 - ( 20% * 10% * 58 * 100) - (10% * 20% * 58 * 100)

= 730 - 116 - 116

= $498

3 0

3 years ago