Answer:
d) the dining room where customers eat their meals
Explanation:
In the given situation, since it is mentioned there is a Sammy's fast food restaurant that generates the sandwiches, soups, and other items for customers
So based on the options given, the last option should be considered as a fixed input for the production function as the dining room is a fixed plus non-movable item so the same is to be considered
hence, the correct option is d.
Answer:
you definitely take the job in Dallas because the real wage is higher there.
Explanation:
given data
Chicago paying = $67,000
Dallas paying = $58,000
price index in Chicago = 110.8
price index in Dallas = 91.5
solution
we get here Real wage in Chicago that is
Real wage in Chicago = 67000 × 
Real wage in Chicago = $60469
and
Real wage in Dallas is
Real wage in Dallas = 58000 × 
Real wage in Dallas = $63388
so you definitely take the job in Dallas because the real wage is higher there.
Answer:
D. only those workers in jobs that would normally pay more than minimum wage.
Explanation:
A minimum wage is a price floor implemented by the government, which ensures that an employer must pay a minimum rate of pay to an employee, and anything lower than this rate of pay is illegal. “A minimum wage is binding if it is set above the equilibrium wage.
Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.
Answer:
1, Compass Point Wireless
Balance sheet (partial)
Current Liabilities: $
Accounts Payable 71,000
Interest Payable 17,000
Salaries Payable 10,500
Unearned Revenue 2,400
Current Portion of Bonds payable 24,000
Total current Liabilities $
124,900
Long term Liabilities $
Mortgage Payable 80,000
Bonds Payable 64,000
Premium on Bonds Payable 10,000
Total long term liabilities $154,000
Total liabilities = Total current Liabilities + Total long term liabilities
= $
124,900 + $154,000
= 278900
2. Debt Stockholders' equity Debt to equity ratio
278,900 160,000 1.74
Note: Debt to equity ratio = Debt / Stockholders' equity
