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Varvara68 [4.7K]
3 years ago
11

At Value Inc., there are specific steps to be followed when applying for a day off. First, an employee has to apply to his or he

r immediate supervisors. After getting their approval, he or she has to get it signed by the branch manager. Then, a copy of the leave application has to be submitted to the HR department. These mandatory steps are referred to as ________.
Business
1 answer:
Gnoma [55]3 years ago
7 0

Answer:

<u>Procedures</u>

Explanation:

Procedures refer to protocols and guidelines to be adhered to while performing an act.

Those are management rules which determine management action. Procedures are carried out following certain set of rules which are commonly applicable. Procedures could be stringent at times.

In the given case, the employees in order to get something (leaves) from the management, have to follow a prescribed set of rules in a sequence which would lead to the desired outcome.

Though procedures could be cumbersome and time consuming, just like in the given case, those have to be followed and adhered to by an organization and it's people.

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If we assume that the current equilibrium wage for low-skilled labor is $8 per hour and the minimum wage is increased from $5.75
Lostsunrise [7]

Answer:

B

Explanation:

Unemployment among low-skilled workers decrease since they are getting higher pay now that is $1.5  per hour. Although it is below the equilibrium rate but still there are sure chances that the people will be more willing to work.

It does not necessarily mean that now labour is available according the demand of labour because the increased rate is below than the $8

4 0
3 years ago
Taxes on the property Buyer Alan is purchasing are $3,200 due on December 31. If the closing is set for October 15, using the 36
lisabon 2012 [21]

Answer:

C). The seller's share of $2,525.76

Explanation:

The 365-day assumes a total of 365 days in a year. So the number of days up to when the closing is set should be determined as shown;

<em>Step 1: Determine total number of days up to October 15</em>

Total days up to October 15=Number of days in January+number of days in February+number of days in March+number of days in April+number of days in May+number of days in June+number of days in July+number of days in August+number of days in September+number of days up to October 15

where;

number of days in January=31

number of days in February=28

number of days in March=31

number of days in April=30

number of days in May=31

number of days in June=30

number of days in July=31

number of days in August=31

number of days in September=30

number of days up to October 15=15

replacing;

Total days up to October 15=(31+28+31+30+31+30+31+31+30+15)=288 days

<em>Step 2: Determine the amount of taxes that will be credited to the buyer</em>

Sellers share=(number of days up to October 15/total number of days in a year)×Taxes due on December 31

where;

number of days up to October 15=288 days

total number of days in a year=365

Taxes due on December 31=$3,200

replacing;

Sellers share=(288/365)×3,200=2,524.93 which is approximately equal to 2,525.76

The seller's share of $2,525.76

8 0
3 years ago
The fda regulations governing disclosure of individual cois require:
lozanna [386]
COIs stands for Conflicts of Interests. COIs occur when there are two or more interest of contradiction due to any activity in an institution or organization. FDA has regulations for the COIs in clinical research. The FDA regulations governing disclosure of individual COIs require disclosure of Significant Financial Interests that would effect the funding. 
8 0
4 years ago
Culver Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operat
lana66690 [7]

Answer:

Income after discontinuing operations from both departments 1 and 2 is greateri.e.  $ 207 444 than income after discontinuing operations from  department 1 . i.e.  $ 172964

Explanation:

Option 1:

If the 1st division is discontinued. 50 % of the fixed costs and expenses will continue and included in irrelevant costs.

Culver Company

Income Statement

For the 1st Quarter 2017

Division                            II                 III                IV                 Irrelevant Costs

Sales                        $198,000     $499,000      $446,000

Cost of G. Sold           191,000        298,000        254,000

V. COGS                        90 %             80 %               74 %

V.COGS                    171,900        238,400        187960

FIxed COGs                19,100          59600           66,040         30690

Selling &

Administrative Exps       63,000        63,000          46,000

Var. S& Admin Exps.       62%                 52%              58%

Var. S& Admin Exps.       39060           32760         26,680

Fixed S.& Admin Exps  23940          30240         19320          24346

Income (loss)         $ (56,000)    $138,000     $146,000        

Total Income =      $ (56,000)+$138,000+$146,000-30690- 24346      

Total Income=  $ 172964

Option 2:

If  both the 1st  and 2nd division are discontinued. 50 % of the fixed costs and expenses are added under the section II.

Culver Company

Income Statement

For the 1st Quarter 2017

Division                            II                 III                IV                 Irrelevant Costs

Sales                                          $499,000      $446,000

Cost of G. Sold                           298,000        254,000

V. COGS                                         80 %               74 %

V.COGS                                        238,400        187960

FIxed COGs                9,550          59600           66,040         30690

Selling &

Administrative Exps                      63,000          46,000

Var. S& Admin Exps.                      52%              58%

Var. S& Admin Exps.                         32760         26,680

Fixed S.& Admin Exps  11970          30240         19320          24346

Income (loss)                                    $138,000     $146,000    

Total Income =      $138,000+$146,000-30690- 24346-  9,550 - 11970    

Total Income=  $ 207 444

We calculate the fixed and variable costs by multiplying with the given percentages and subtracting it from the total .

Culver Company

Income Statement

For the 1st Quarter 2017

Division                             I               II                 III                IV

Sales                     $250,000   $198,000     $499,000      $446,000

Cost of G. Sold       198,000     191,000        298,000        254,000

V. COGS                 69 %             90 %             80 %               74 %

V.COGS                136,620         171,900        238,400        187960

FIxed COGs         61,380            19,100          59600           66,040

Selling &

Administrative Exps 74,900       63,000        63,000          46,000

Var. S& Admin Exps.  41%            62%                 52%              58%

Var. S& Admin Exps. 30,709       39060           32760         26,680

Fixed S.& Admin Exps  48691      23940          30240         19320

Income (loss)       $ (22,900)     $ (56,000)    $138,000     $146,000

3 0
4 years ago
Jane's candy shack was a quaint shop, in a small town, with high end items that never attracted many customers. its failure was
Masteriza [31]
The failure of the shop was probably because the owner fails to search or do research work in her market that made customers feel no attraction to the things that she sells. She should have done or better research s in making the customers attracted to the things that she sells so that she will have customers that are large in numbers and in the same time, her shop would sell.
8 0
3 years ago
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