Answer:
cash profit sharing plan -
Explanation:
cash profit-sharing plan - it is one of the sharing plans in the profit-sharing plan. in this profit share directly to the employee through cash, stock, etc.
it is the sharing that is based on profit earned by the organization quarterly or annually. and its whole sole company how much they need to share among the employee.
Answer:
$21,000
Explanation:
The new bridge would take 30 man hours of labor at $50 per hour, in activity based costing, this means that ,
30*50 = 1500.
Now, it will require 14 piers to support it each time a pier is sunk into the harbor,hence the final calculation will be:
30*50*14 = 21000.
Hope this Helps.
Goodluck.
Answer: a. $120,000
b. $6,000
c. Yes
Explanation:
a. It is said that the collection centres would help reduce the collection time by 2 days and that every day $60,000 comes in.
If the proposal will reduce the amount of time taken to collect by 2 days then that means that the amount freed up is the amount that they would have collected in two days had it not been for the system.
That amount would be,
= $60,000 * 2
= $120,000
b. If they used this free up cash to pay off a debt that was accumulating 5% per year then the 5% will be saved.
The amount saved therefore is,
= 120,000 * 5%
= $6,000
By retiring a $120,000 that was accruing $6,000 a year, the proposal has enabled that $6,000 to be saved instead.
c. The cost of implementing this proposal is $5,200 per year and yet the savings it gives in interest is $6,000.
As the savings are higher than the cost, the number definitely suggest that the project should be implemented because it is more beneficial than it costs.
Answer:
Option "B" is the correct answer to the following statement.
Explanation:
The rise in the labor workforce would raise the productive output of capital in a specific Cobb – Douglas output method, and it will raise the actual rental price of resources.
The gross amount of capital would also rise in the output of Cobb-Douglas if the volume of labor grows.
Under this function, human capital will help in the production of the product, human capital and marginal production are directly proportionate to each other.
Answer: 21.32 per hour
Explanation:
Guitars produced each month = 100
considered good enough to sell = 82%
Remaining are scrapped = 18 %
Selling price of each guitar = $260
Each guitar requires = 10 labor hours
Each employee works an average = 160 hours per month
Labor is paid = $11 per hour
materials cost = $40 per guitar
overhead = $4,200
Therefore,
Number of guitars are good enough to sell = 82% of 100
= 82 guitars
Value of output = Number of guitars sell × Selling price of each guitar
= 82 × $260
= $21,320
Input in labor hours = Guitars produced each month × Labor hour employed in each guitar
= 100 × 10
= 1,000 hours
Labor productivity =
= 
= 21.32 per hour
