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3 years ago

True or False: Wages in the auto manufacturing industry would be greater than those in the aircraft manufacturing industry.

Business

1 answer:

miss Akunina [59]3 years ago

3 0

Answer:

The statement is: False.

Explanation:

Wages in one industry or another will depend on the labor demand and the specialization required for the job. Auto manufacturing technician job positions are demanded in higher quantities than aircraft manufacturing mechanics. The reason is that aircraft traffic is not even close to the automobile traffic level. Thus, <em>as more auto technicians are requested, their wages tend to be lower</em>. Besides, <em>as fewer aircraft technicians are requested, their wages tend to be higher</em>.

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On June 30, 20X5, Huff Corp. issued at 99, 1000 of its 8%, $1,000 bonds. The bonds were issued through an underwriter to whom Hu

Stels [109]

Answer:

$1,000,000

Explanation:

The Bond Issued less than its face value is issued on the discount. This discount is recorded and amortized until the maturity of bond.

Discount on the Bond = Face value - Issuance value = ($1,000 x 1,000) - ($1,000 x 1,000) x 99% = $1,000,000 - $990,000 = $10,000

Journal Entry

Dr. Cash $990,000

Dr. Discount on Bond $10,000

Cr. Bond Payable $1,000,000

Bond Liability on June 30, 20x5 is $1,000,000.

4 0

2 years ago

Read 2 more answers

Describe the effect of technology as it relates to structural unemployment and technological unemployment

nignag [31]

Structural unemployment is aggravated and reduced by technology depending on the sector and advancements coming with it.

Explanation:

Technology has been responsible for the increase and decrease in structure unemployment which in simple terms means technology has given and taken people's jobs.

This is because technology changes an industry fundamentally. The people who are replaced by self serve robots loose their jobs but many gain the jobs of handling the new installed equipment like this in companies.

This leads to the point of technological unemployment which means that some people remain unemployed because they do not have certain technical knowledge which is unfortunate for many from lower classes.

7 0

2 years ago

A———— <br> Is a potential situation that a firm is equipped to take advantage of

olasank [31]

Opportunity often comes and it is a potential situation that a firm is equipped to take advantage of.

<h3>What is Opportunity?</h3>

Opportunity are potential that equipped a firm to take advantage of opportunities .

This is related to market, as it helps analyse external opportunities.

Therefore, opportunity often comes and it is a potential situation that a firm is equipped to take advantage.

Learn more on market opportunity here,

<em>brainly.com/question/8493674</em>

8 0

2 years ago

S. Lamar performed legal services for E. Garr. Due to a cash shortage, an agreement was reached whereby E. Garr. would pay S. La

Likurg_2 [28]

Answer:

The correct entries would as follows:

Dr Organization/legal fees(3000*$4.5) $13,500

Cr Common stock($1*3000) $3,000

Cr paid in capital in excess of par($4.5-$1)*3000)) $10,500

Explanation:

The total cost incurred has increased to $13,500 since the stock needs to be recorded at its fair value on the date of the agreement and the approximate fair value is the market price.

As a result,legal fees expenses is debited with $13,500 while the common stock account is credited with par value of $1 per share and the excess over par value of $3.5 is credited to paid in capital in excess of par.

6 0

2 years ago

Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the

Maslowich

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Month Utilities Machine Hours

January $ 9,600 890

February 9,260 810

March 9,850 900

April 10,260 1,010

May 10,732 1,040

June 10,050 990

To calculate the fixed cost, first, we need to calculate the unitary variable cost using the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (10,732 - 9,260) / (1,040 - 810)

Variable cost per unit= $6.4

Now, we can calculate the fixed cost:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 10,732 - (6.4*1,040)= $4,076

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 9,260 - (6.4*810)= $4,076

6 0

3 years ago