Answer:
Henri Fayol Model (1841-1925)
Explanation:
Three models are explained below:
- Henri Fayol Model put forth an argument that management in their everyday routine carries our five major functions which are Planning, Organizing, Commanding, Coordinating, and controlling.
- Contemporary Model which involves planning, leading, organizing and controlling operations to achieve organizational goals.
- Systemic Model which relates the core management functions to different characteristics of a system
Answer:
False.
Explanation:
To close the underapplied Manufacturing Overhead account requires that the Cost of Goods Sold is debited, say with $100 while the Manufacturing Overhead account is credited with the same amount. Underapplied Manufacturing Overhead account means that a debit balance is left after applying the overhead to production. To close this debit, therefore, a credit entry is required to the manufacturing overhead account. The corresponding debit entry goes to the Cost of Goods Sold, or this may be apportioned among Cost of Goods Sold, Finished Goods Inventory, and Work-in-Process, as may be the case.
Jason McCurdy's gross pay was $684.21.
Given that the regular hourly rate is $10.75. During a two-week period, he worked 80 hours (40 hours each week) and had deductions of $110 for federal income tax, $53.32 for social security tax, and $12.47 for Medicare tax.
Total working hours = 80 hours
Hourly rate = $10.75
Total payment = $10.75 × 80
= $860
Deductions = Federal Income Tax + Social Security tax + Medicare Tax
= $110 + $53.32 + 12.47
= $175.79
Gross Pay = Total Payment - Deductions
= $860 - $175.79
= $684.21
To know more about the income tax system refer to:
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Answer:
Indeterminate change in equilibrium price, equilibrium quantity would increase
Explanation:
The large raise would increase productivity of workers therefore supply of automobiles would increase. This would shift the supply curve for automobiles to the right. As a result, price would fall and quantity would rise.
The number of licensed drivers who are in the market for a new car would increase the demand for cars. This would shift the demand curve to the right. Price would rise and quantity would rise.
The combined effect of this would be an indeterminate change in equilibrium price and an increase in equilibrium quantity
I hope my answer helps you
Answer: Nations with an absolute advantage in producing certain goods trade them for goods produced by other countries
Explanation: Economists have developed the idea of absolute advantage and relative advantage in producing and show with simple arithmetic equations that economies with absolute and advantage and relative advantage do well when they trade their products. It is as simple as seeing how economies open to the world do better that the ones imposing restrictions to trade.