This legislation is called the Fair Labor Standards Act.
This act gives rights to United States workers. Among these rights are child labor laws, the requirement of employers to pay overtime to workers who work over 40 hours per week and also sets a minimum wage that must be paid to employees.
Answer:
Optimal package size = 4 units
Optimal package price = $20
Explanation:
P = 8 - 1.5Q and C(Q) = 2.0Q, MC = 2
To obtain optimal package size, we put
Price is equal to the marginal cost, P = MC
8 - 1.5Q = 2
1.5Q = 6
Q = 6 ÷ 1.5
= 4
Therefore,
Optimal package size = 4 units
Hence,
Optimal package price:
= 0.5[8 - 2] × 4 + 2 × 4
= 12 + 8
= $20
Answer:
Sheffield Corp
Retained Earnings Statement for the year ended December 31, 2017:
Net Income $10,400
Retained Earnings, January 1 17,000
Dividends (6,700)
Retained Earnings, December 31 $20,700
Explanation:
Sheffield's statement of retained earnings shows the net income after tax, which is added to the Retained Earnings at the beginning of the period. Then the dividends paid are deducted to arrive at the Retained Earnings at the end of the period. The statement shows the distribution of net income to stockholders.
Answer:
Si realizásemos una encuesta sobre qué es lo más característico del personaje de Sherlock Holmes, no nos sorprendería que el resultado fuese su conocida expresión "Elemental, querido Watson". Lo que sí resultaría sorprendente (al menos para quienes hubiesen contestado en ese sentido) es saber que tan extendida opinión entra en conflicto con la realidad de los relatos originales de dicho personaje: él nunca utilizó esa expresión. De igual forma, existen algunas ideas sobre el funcionamiento del mercado de trabajo español que creemos que no se corresponden con la realidad. Precisamente, el objetivo de este artículo es ofrecer algunos datos que permitan aportar luz sobre ciertas cuestiones (relacionadas con los contratos indefinidos, los despidos y sus costes) que se encuentran en el centro del debate actual sobre una posible reforma laboral.
Explanation:
The equivalent units for conversion costs are 1,160.
WIP
Beginning 0
Started 1,400
1,000 Completed
Ending 400 * .4 = 160
Equivalent units for materials: 1,000 units completed + 40% of 400 (ending) = 1,160 units
