Answer:
Total labor cost= $70,000
Explanation:
<u>The supervisor salary is a fixed labor cost, it is unlikely that would change with production.</u>
<u>First, we need to calculate the unitary variable direct labor hour:</u>
Unitary variable direct labor hour= 30,000 / 3,000
Unitary labor hour= $10
<u>Now, the flexible budget for 5,000 hours:</u>
Fixed cost= 20,000
Variable cost= 10*5,000= 50,000
Total labor cost= $70,000
Answer:
There are several reasons why an employee or dependent should continue to receive benefits and coverage:
- Usually group insurance plans that are terminated provide an extension of benefits in order for a dependent or disabled employee to continue to receive benefits for an additional period of time, generally for up to 12 more months.
- If an employee dies or gets divorced, their dependents must continue to receive benefits and coverage for up to 36 months.
- Or if the employee must take a leave of absence due to illness, coverage and benefits should continue for 12 months.
- In case an employee is laid off, his/her coverage and benefits should be extended if the termination was either voluntary or for reasons other than gross misconduct (up to 18 months).
Corporate social responsibility, often abbreviated "CSR<span>," is a corporation's </span>initiatives<span>to assess and take responsibility for the company's effects on environmental and social wellbeing. The term generally applies to efforts that go beyond what may be required by regulators or environmental protection groups. hope this helps
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Answer:
Double
Explanation:
If the price level doubles, the good becomes twice as expensive. To be able to afford to the same amount of goods before the doubling in price, the nominal money demanded has to double also.
For example, if $10 could buy 5 pencils. The price of pencils is $2. If the price of pencils increases from $2 to $4 ,$10 would buy 2.5 pencils. For the consumer to be able to buy the same amount of pencils before the price rise, the nominal quantity of money demanded should increase to $20 to be able to buy 5 pencils.
I hope my answer helps you.
Answer:
The correct answer is option A.
Explanation:
A budget line shows the maximum possible bundles or combinations of two goods that can be purchased by completely exhausting the given income. All the points on the budget line show attainable and efficient bundles. The points below the budget line represent inefficient but attainable bundles. Those points that are above the line show unattainable bundles as they require higher income.
A movement on the same budget line shows the change in the quantity of two goods. The price of the products and income of the consumer will remain the same.