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skad [1K]
4 years ago
13

A man is fired from his job because he was late for work too many times. searching for another job he would be classified as (a)

not in the labor force because his employer had a legitimate reason for firing him. (b) structurally unemployed (c) cyclically unemployed (d) frictionally unemployed
Business
1 answer:
Irina18 [472]4 years ago
7 0

Answer:

(D) Frictionally unemployed

Explanation:

Frictional unemployment occurs when an individual who <u>leaves a job either voluntarily or by being fired,</u> is in search for another job.

Workers <u>who are also in transition, or in the process of moving from one job to another are frictionally unemployed.</u>

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TB MC Qu. 9-291 Kartman Corporation makes a product with ... Kartman Corporation makes a product with the following standard cos
Lostsunrise [7]

Answer:

Variable manufacturing overhead rate variance= $688.8 favorable

Explanation:

Giving the following information:

Variable overhead 0.3 hours $5.70 per hour

The company used 2,460 direct labor-hours to produce this output. The actual variable overhead cost was $13,331.

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 13,331/2,460= $5.42

Variable manufacturing overhead rate variance= (5.7 - 5.42)*2,460

Variable manufacturing overhead rate variance= $688.8 favorable

3 0
3 years ago
Preparing cost of goods sold budget Prepare a cost of goods sold budget for the Summit Manufacturing Company for the year ended
choli [55]

Answer:

COGS= $2,218,200

Explanation:

Giving the following information:

WIP:

Beginning= 28,500

Ending= 23,700

Finished goods:

Beginning= 19,300

Ending= 22,400

Direct materials:

Purchased= 854,000

Beginning inventory= 31,000

Ending inventory= (26,000)

Direct material used= 859,0000

Totals from other budgets included:

Direct labor cost= $539,500

Total factory overhead costs= $818,000

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 28,500 + 859,000 + 539,500 + 818,000 - 23,700

cost of goods manufactured= $2,221,300

Now, we can calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 19,300 + 2,221,300 - 22,400

COGS= $2,218,200

5 0
3 years ago
Dunbar sold 640 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-a
Likurg_2 [28]

Answer:

$428.13

Explanation:

Note <em>The missing word have been attached as picture below</em>

<em />

Weighted average cost per unit = [(450*$2.18) + (370*$2.62)] / (450 + 370)

Weighted average cost per unit = ($981 + $969.4) / 820

Weighted average cost per unit = $1950.4 / 820

Weighted average cost per unit = 2.378536585365854

Weighted average cost per unit = $2.3785

Ending inventory unit = 450 + 370 - 640

Ending inventory unit = 180

Value of ending inventory = $2.3785 * 180 units

Value of ending inventory = $428.13

6 0
3 years ago
Garcia Co. sells snowboards. Each snowboard requires direct materials of $119, direct labor of $49, and variable overhead of $64
kondaur [170]

Answer:

$70 per units

Explanation:

Calculation to determine What will be the selling price per unit if Garcia uses a markup of 15% of total cost

First step is to calculate total cost per unit.

Using this formula

Total Cost per unit = Unit Direct materials cost + Unit Direct labor costs + Unit Variable Costs + Unit Fixed Costs

Let plug in the formula

Total Cost per unit = $119 + 49 + 64 + 70

Total Cost per unit = $302

.

Second step is to calculate the Selling Price Per Unit

Selling Price Per Unit = $302 +( 15%*$302)

Selling Price Per Unit = 302 + 45.30

Selling Price Per Unit = $347.30

Third step is to calculate the Total Fixed Costs using this formula

Total Fixed Costs = fixed overhead costs + Fixed selling and administrative costs

Let plug in the formula

Total Fixed Costs=$673,000+$160,000

Total Fixed Costs= $833,000

Now let calculate the Fixed Cost per unit using this formula

Fixed Cost per unit = Total Fixed Costs / Total Units

Let plug in the formula

Fixed Cost per unit =$833,000/11,900

Fixed Cost per unit = $70 per unit

Therefore What will be the selling price per unit if Garcia uses a markup of 15% of total cost is $70 per unit

5 0
3 years ago
In her work in the publishing industry, vera seeks out new authors who she considers promising. in the past two years she has fo
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8 0
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