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Artemon [7]
3 years ago
9

George works in a factory and is a member of the labor union. He thinks his wages are low for the work that he does, so he tells

the union representative that his employer should increase his wages. The representative asks the other workers if they feel the same, and they all agree. The following week, the union representative met with the factory owner regarding an increase in wages, and the employer agreed to it. What strategy did the union use to get the owner to agree to increase wages?
individual bargaining
threaten to go on a strike
collective bargaining
threaten to quit their jobs
filing a petition to the government
Business
1 answer:
suter [353]3 years ago
6 0
The answer is <span>collective bargaining
</span><span>collective bargaining refers to a process where the representative of the labor union meet up with the representative of the business owners meet up to discuss several agreements that benefit both the union and the owners.
In this process, they could discuss things such as appropriate salary, benefit, holidays, work hours, etc.</span>
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Both islands specialize exclusively in the product for which they have a comparative advantage. You have agreed to give 350 coco
timurjin [86]

After the trade the other island has a total of 150 coconuts and 1300 fish.

<h3>What do you mean by the comparative advantage?</h3>

Comparative advantage refers to the maximization of the efficiency of the economy and its well being by focusing on the production of those resources, which country can produce and exports them in the exchange of those goods, which a country does not produce.

One can have the comparative advantage at production if it could produce the goods at lower cost as compare to the others.

Here, both the islands focus only on the making of the thing they're best at doing.

Learn more about the comparative advantage here:-

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3 0
2 years ago
Read 2 more answers
Smiles Entertainment had the following accounts and balances at December 31:
Gala2k [10]

Answer:

huh

Explanation:

6 0
3 years ago
Roley Corporation uses a periodic inventory system and the gross method of accounting for purchase discounts.
Zepler [3.9K]

Answer:Please  see answers in explanation column

Explanation:

1A)To record amount payable for purchase of goods

Date Account Title                   Debit                  Credit

July 1 Purchase                  $60,000  

         Accounts Payable                                 $60,000

 Freight in                                 $1,200  

                   Cash                                                         $1,200

B)To record amount on damaged goods

Date Account Title                   Debit                              Credit  

July 3 Accounts Payable           $6,000  

             Return of Purchase                               $6,000

C)Journal to record payment of goods

Date Account Title                   Debit                  Credit  

July 10 Accounts Payable    $54,000  

Purchase Discount  $1,080

Cash   $52,920

Calculations

Accounts payable Purchased  Price - price of returned goods = 60000-6000 = $54,000

Discount on Purchases if paid within 10 days = 2% x $54,000 = $1,080

3 0
3 years ago
Marinette Company makes several products, including canoes. The company has been experiencing losses from its canoe segment and
Vesna [10]

Answer:

decrease by 305,000 dollars

Explanation:

Sales            3,300,000

Variavle cost:

materials          710,000

labor                760,000

overhead        560,000  

S&A             <u>    330,000    </u>

total             (2,360,000)

contribution    940,000

<u>fixed cost:</u>

tracable          <u>     (635,000)</u>

operating income 305,000

allocated          <u>    (560,000)</u>

net                         (255,000

The canoes division absorbs 305,000 of the common fixed cost

If discountinued the company as a whole will see their net income decreases by this amount. In the short run, the company should only discontinued a project or division when it is not able to afford their own cost. That is not the case, canoes division afford their own cost is the allocated from other activities of the company that generates this loss.

4 0
3 years ago
Splish Brothers Inc. uses a perpetual inventory system. Data for product E2-D2 include the following purchases.
harkovskaia [24]

Answer:

Splish Brothers Inc.

Perpetual Inventory Schedule using moving average costs:

Date       Description   Number   Average Cost  Total Cost          Cost

                                     of Units                                                   Balance

May 7         Purchase       105               $7                $735            $735

June 1        Sales              (55)              $7                  385              350

July 28       Purchase         63             $18                1,134            1,484

August 27  Sales              (84)            $13.1327        1,103               381

Explanation:

a) Data and Calculations:

Date                          Number of Units   Unit Price    Total Costs

May 7         Purchase           105                $7                $735

June 1        Sales                  (55)               $7                  385

July 28       Purchase            63              $18                 1,134

August 27  Sales                 (84)             $13.1327        1,103

Cost of goods sold = $1,488 ($385 + $1,103)

Ending inventory =       $381

8 0
3 years ago
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