ANSWER – FALSE
When a union bargains successfully with employers, resulting
in increment in total compensation, both the quantity of labor supplied and the
quantity of labor demanded doesn’t increase, rather, the quantity of labor
supplied increases and the quantity of labor demanded decreases.
<span>The rent, cable bill, and auto loan are fixed expenses that add up to $1500. $1500 divided by the $4600 total that she has is .326 so Margie spends about 33% of her budget on these fixed expenses. That is about one third of her total budget going to fixed expenses.</span>
A. <span>making at least the minimum payment, even if they are late</span>
Answer:
$155,700
Explanation:
Absorption costing
Sales $164 × 3,260 = $534,640
Less cost of goods sold
Opening inventory
Add variable cost of goods manufactured
[3,700 × ($51 + $32 + $6 = $89)] = $329,300
Fixed manufacturing cost
$88,800
Cost of goods available for sale
$418,100
Less ending inventory 440 × $89
$39,160
Cost of goods sold
$378,940
Gross margin
$155,700
Less variable selling and administration expenses $6 × 3,260
$19,560
Fixed selling and administrative expenses
$32,600
The total gross margin for the month under the absorption costing approach is $155,700
Answer:
Piece rate system
Explanation:
The piece rate system is the system in which the price is paid according to the units make or produced
Since in the question it is mentioned that the Janna sells handmade jewellery and her employees would paid a specific amount for each bracelet and necklace they developed irrespective of the time it takes so this represents the piece rate system
So the same is to be considered