Sam believes in rewarding his employees for their hard work , he is acting as a

1 answer:

4 0

The complete sentence is given below:
Sam believes in rewarding his employees for their hard work, he is acting as a MANAGER, when he processes their merit raises promptly on their hire day anniversaries.
The manager of an organization is the one responsible for handling all the processes that has to do with increasing employees' salaries. So, when an employer sees to prompt processing of salary increase, he is acting as a good manager.

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The law of demand states that, other things equal: Select one: a. price and quantity demanded are inversely related. b. consumer

Mkey [24]

The law of demand state correct option is (a) price and quantity demanded are inversely related.

What is law of demand states?

The law of demand is a fundamental principle of the economic idea of higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.

The rule of demand, if all other variables remain constant, the price and quantity desired of any good or service are inversely related. When the price of a product rises, the demand for that product low as well.

As result, the law of demand states as remain constant towards a price and quantity demanded are inversely related.

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1 year ago

Lakeside, Inc. estimated manufacturing overhead costs for the year at $371,000, based on 180,000 estimated direct labor hours

Anna71 [15]

Answer:

D.$400 over allocated

Explanation:

For computing the over-allocated or under-allocated amount, first, we have to determine the predetermined overhead rate which is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $371,000 ÷ 180,000 hours

= $2.06

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 190,000 hours × $2.06

= $391,400

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $391,000 - $391,400

= $400 over - applied

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2 years ago

Q7. Which of the following is a necessary condition – something that must occur—for nominal GDP to rise? Explain your answers.

shusha [124]

Answer:

Either the price level or real GDP must increase

Explanation:

Gross Domestic Product (GDP) is used to measure the economic growth, purchasing power, and overall economic health of a country. nominal Gross Domestic Product, measures the value of all final goods and services produced within a country’s borders at current market prices. It takes change in prices and interest rates, inflation and money supply into account when calculating a country’s gross domestic product. Real GDP takes nominal GDP and adjusts for inflation or deflation by comparing and converting prices to a base year’s prices. For nominal GDP to rise there must be increase on either the price level or real GDP.

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2 years ago

$3000 is invested in an account earning 8% interest compounded annually. How much will there be in the account after two years?

igor_vitrenko [27]

Answer:

Explanation:

The answer is c Have a look at the procedure ..