The percentage of fixed costs in a company's cost structure.
Answer:
Contingent workers
Explanation:
Contingent workers are people hired to do a specific assignment in an organization. They consist of independent workers, freelancers, consultants, out-sourced employees, and other non-permanent workers who are hired on per job basis. Contingent workers are not considered employees of the organization.
Contingent workers are usually highly skilled, unlike most of the temporary workers. They are hired to work on specific tasks in their areas of specialization. Contingent workers exit a company after their task is completed. They may be re-hired by the same company or any other institution. For example, a tax consultant may be contacted to do tax calculations in a company. Once the assignment is over, they get paid and leave the organization.
Answer:
$466,500
Explanation:
Assuming Metlock, Inc is free of tax, tax rate = 0%
Net profit of the year = (revenues - expenses) * (1- tax rate)
= $487,000 - $384,000 = $103,000
Retained earnings balance at the end of the year
= Retained earnings balance at beginning of the year + net profit - dividend paid
= $402,000 + $103,000 - $38500
= $466,500
Answer:
equal to
Explanation:
When the units produced are equal to the units sold, net operating income computed using the absorption costing approach is equal to the net operating income computed using the variable costing approach.
