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Sholpan [36]
3 years ago
8

A technology company needs 10 workers experienced in a newly developed programming language. Plenty of applicants express intere

st in the job; however, only three have the necessary education and experience to complete the work. The remaining unemployed individuals are an example of ___ unemployment.
A) cyclical
B) frictional
C) seasonal
D) structural
Business
2 answers:
Vilka [71]3 years ago
7 0

Answer:

D) Structural

Explanation:

This is an example of structural unemployment because there is a mismatch between the good (qualified) workers looking for jobs and the vacancies available.

uysha [10]3 years ago
3 0

It would structural

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Taggart Inc. is considering a project that has the following cash flow data. What is the projects payback? Year 0 1 2 3 Cash flo
nikdorinn [45]

Answer:

The period of payback of the project is 2.30 years. Therefore, the correct answer is C

Explanation:

We will computing the Cumulative Cash Flow from Year 0 to Year 3

Cumulative Cash Flow Year 0 = Cash Flow of Year 0

= -$1,150

Cumulative Cash Flow of Year 1 = Cash Flow of Year 1 + Cash Flow of Year 0

= $500 + (-$1,150)

= -$650

Cumulative Cash Flow of Year 2 =  Cash Flow of Year 2 + Cumulative Cash Flow Cash Flow of Year 1

= $500 + (-$650)

= -$150

Cumulative Cash Flow of Year 3 =  Cash Flow of Year 3 + Cumulative Cash Flow Cash Flow of Year 2

= $500 + (-$150)

= $350

Now, Computing the Pay back period with the formula:

Pay back period = 2 + (Cumulative Cash Flow of year 2 / Cash flow of year 3)

= 2 + (-$150/ $500)

= 2 +  0.3

= 2.3 years

5 0
2 years ago
Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The
Tom [10]

a. Standard labor-hours is 7920 hours.

b. Standard labor cost allowed is $42,768.

c. The labor spending variance is $1588(U).

d.  The labor rate variance is $1706 and the labor efficiency variance $3294(U).

e.  The variable overhead rate is $5971(U) and efficiency variances for the month $5580(U).

<u>Explanation:</u>

a)Standars hours(SH) allowed to make 19800 jogging mates

=SH per unit \times 19800

=(24/60)*19800

=7920 hours

24/60 has been taken to convert minutes into hours.  

b)Standard Labor Cost (SC) of 19800 jogging mates

=19800 \times SC per unit=19800 \times $2.16\\=$42,768

=$42,768

c)Labour Spending Variance

=Standard Cost - Actual Cost(AC)=$42,768 - $44,356=$1588(U)

=$1588(U)

d)Labor Rate Variance  

=(SR per hour-AR per hour)\timesAH=(5.4-5.2)*8530=$1706(F)

=$1706

Actual Hours(AH) * Actual Rate per hour(AR)= Actual Cost(AC)

8530 \times AR = $44,356

AR = \frac{44356}{8530}\\ \\AR = 5.2

Labor Efficiency Variance

=(SH-AH) \times SR\\=(7920-8530)*$5.4=$3294(U)

=$3294(U)

e) Variable overhead rate variance = Actual hours worked  (Standard overhead rate - Actual overhead rate)

= 8530  (4.5 - 5.20)

= $5971(U)

Actual overhead rate = $44,356 / 8530 = 5.20

Variable overhead efficiency variance = Standard overhead rate   (Standard hours - Actual hours)

= 4.50  (7290 - 8530)

= $5580(U).

8 0
2 years ago
The days' sales uncollected ratio is used to: Multiple Choice Estimate how much time is likely to pass before the amount of acco
olchik [2.2K]

Answer:

The days' sales uncollected ratio is used to:  Estimate how much time is likely to pass before the amount of accounts receivable is received in cash

Explanation:

The days' sales uncollected ratio is an Asset Management ratio which calculates the length of time that it to collect credit from a customer and the first option is correct.

7 0
3 years ago
Radon Corporation manufactured 33,000 grooming kits for horses during March. The company uses machine hour to allocate fixed man
Bumek [7]

Answer:

1) The fixed overhead production-volume variance is $14400 favourable.

2) The fixed overhead spending variance is $9000 unfavourable.

Explanation:

1)

Fixed overhead production volume variance

= amount applied * amount budgeted

= 144000/30000

= 4.80 per unit

= 4.80*33000 - 144000

= $14400 favourable

Therefore, The fixed overhead production-volume variance is $14400 favourable.

2)

fixed overhead spending variance

= actual overhead - budgeted overhead

= 153000 - 144000

= $9000 unfavourable

Therefore, The fixed overhead spending variance is $9000 unfavourable.

6 0
3 years ago
9. Efficient markets hypothesis Which of the following are consistent with the efficient markets hypothesis? Check all that appl
atroni [7]

Answer:

The answer is: Stock markets reflect all available information about the value of stocks

Explanation:

Efficient market hypothesis (EMH) is an investment theory about stock markets where the price of stocks is always the fair market value of the stocks. It argues that it is impossible for someone to determine when stocks are either undervalued or overvalued. So all the technical and fundamental analysis techniques are useless.

7 0
3 years ago
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