All categories

4 years ago

Question 27

Business

1 answer:

RUDIKE [14]4 years ago

3 0

Answer:

Seasonal

Explanation:

Unemployment basically means that a person is having skills but not in the required field due to which he/she is not employed that is not working.

Seasonal unemployment is a type of unemployment that occurs because people do not have the required skills.

For example a labour under construction work is employed only when he gets the work of construction and is good at that work but times when there is no construction work in process he is unemployed.

Another best example is that of an Agricultural worker or a Farmer who is employed in specific seasons only like those who are into more of work in summers rather than winters keeping in mind the types of seasonal vegetables or fruits the famers are dealing with.

You might be interested in

Consumers' differing tastes are one reason why monopolistic:____.

ikadub [295]

Answer:

d) competitors are similar to monopolists.

Explanation:

Monopolistic competition refers to a condition of the market in which it connects with various irms that are closely linked to each other but sell distinct products.

Also, there is free entry and exit in this market

In case when consumer taste and preferences are different so the monopolistic competitors are the same as the monopolist

hence, the correct option is d.

5 0

3 years ago

The manager at Vertical Wire Productions reported total sales revenue of $800,000. The variable expenses were $600,000, and ther

Brilliant_brown [7]

Answer:

$BEP_{dollars} = 500,000$

Explanation:

The first step will be get the contribtuion margin:

$Sales\: Revenue - Variable \:Cost = Contribution \:Margin$

800,000 - 6000,000 = 200,000

This is the amount after variables cost used to pay the fixed cost and make a gain.

Second, we calcualte the contribution margin ratio

$\frac{Contribution \:Margin}{Sales\: Revenue} = Contribution\: Margin\: Ratio$

200,000/800,000 = 0.25

Per dollar of sales 25 cents are available to pay the fixed cost.

Now, we calculate the break even point in dollars

$\frac{Fixed\:Cost}{Contribution\: Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{125,000}{.025} = 500,000$

5 0

3 years ago

What is FFA’s publication titled? Boundaries Vistas Perspective Horizons

vladimir1956 [14]

Answer:

horizons

Explanation:

Learn everything you need to know about FFA—its history, bylaws, constitution and more—with the Official FFA Manual, now available online for free. You can also view the links on your mobile phone for easy access.

5 0

2 years ago

Urban Window Company had gross wages of $320,000 during the week ended July 15. The number of wages subject to social security t

marshall27 [118]

Answer:

wages expense 320,000 debit

cash 218,400 credit

FICA tax payable 2,160 credit

SUTA tax payable 240 credit

Social security payable 24,000 credit

wages income tax payable 75,200 credit

--to record July 15th payment to employees wages--

payroll tax expenses 26,400 debit

FICA tax payable 2,160 credit

SUTA tax payable 240 credit

Social security payable 24,000 credit

---to record the payroll tax for the week ended July 15th--

Explanation:

We multiply the wages subjet to taxation by each rate:

social security:

320,000 x 7.5% = 24,000

SUTA

40,000 x 5.4% = 2,160

FICA

40,000 x 0.6% = 240

For this three concepts, the employee will have liability for the same amount for payroll taxes

Income tax 75,200

net wages: 320,000 - 24,000 - 2,160 - 240 - 75,200 = 218,400

4 0

3 years ago

Castor, Inc., is preparing its master budget for the quarter ended June 30. Budgeted sales and cash payments for merchandise for

kobusy [5.1K]

Answer:

Castor, Inc.

Cash Budget for the quarter ended June 30,

April May June

Beginning cash balance $13,500 $16,165 $31,795

Cash collection (25%) 13,500 7,625 10,375

Cash collection (75%) 22,875 31,125 19,125

Total cash receipts $49,875 $54,915 $61,295

Cash payments for goods 23,200 15,300 15,700

Sales commission (5% sales) 1,525 2,075 1,275

Shipping cost (3% sales) 915 1,245 765

Office salaries 4,500 4,500 4,500

Cash Disbursements $30,140 $23,120 $22,240

Loans Payable (Repayment) -3,570

Cash balance $16,165 $31,795 $39,055

Explanation:

A cash budget is a tool used by a company's management to forecast of the cash receipts and cash disbursements for a future period of time. It is an important financial management tool that can be used to decide when to borrow cash to meet shortages and when to invest excess cash to generate income. Through its preparation, management avoids liquidity problems which can ruin a business.

3 0

3 years ago