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3 years ago

What is the difference between a closed shop and a lockout

Business

1 answer:

pentagon [3]3 years ago

8 0

Answer:

A closed shop refers to business which employs union workers alone, whereas in case of a lockout, such a business does not permit employment of union workers.

Lockout serves as a mean to curb labor union demands. In lockouts, the owners of such businesses lock out or block the entry/employment of union workers.

In case of a closed shop, all the employees represent members of labor union. The two concepts represent exactly opposite scenarios.

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On September 1, 2020, Vaughn Manufacturing issued a note payable to National Bank in the amount of $1440000, bearing interest at

Vilka [71]

Answer:

$28,800

Explanation:

I will just assume that there are three equal annual principal payments of $480,000. If we use $550,000, the total principal would = $1,650,000.

accrued interests from September to December = principal x (9%/12) x 4 months

principal = $480,000 x 2 = $960,000

accrued interest payable = $960,000 x 0.75% x 4 = $28,800

3 0

3 years ago

Vnich of the following a Morales ik rom diving area

PtichkaEL [24]

Answer:

A. Distracting billboards

Explanation:

Billboards are huge advertisements placed on the roadsides. They promote products or brands of different companies. They also advertise events and popular venues. Billboards are for commercial use and located in urban centers.

Billboards are paid for; hence, they will be placed where there are likely to communicate to a broad audience. In rural areas, billboards are not economically viable due to the sparse distribution of people. For this reason, billboards do not pose any risks to people driving in rural areas.

Unpaved, poorly maintained roads, Poorly lit roads at night, and Wildlife or livestock crossing roads are characteristics or rural setting. Anyone driving in the upcountry is highly likely to encounter them.

8 0

3 years ago

Due to increased corporate responsibilities, the manager of a sporting goods store has asked the assistant manager to take respo

Dahasolnce [82]

Answer:

B. Leadership

Explanation:

Leadership is the art for encouraging the people towards attaining a common goal. In this, it give directions to the workers & colleagues in order to meet out the needs of the company by having a strategy.

Since in the question it is mentioned that manager permit the assitant to make the decision but also scheduled the weekly meeting

So here the manager represent the leadership attribute

6 0

3 years ago

Red Co. acquired 100% of Green, Inc. on January 1, 2017. On that date, Green had land with a book value of $42,000 and a fair va

Sergeeva-Olga [200]

Answer:

$5,000

Explanation:

The computation of total amount of excess fair over book value amortization expense adjustments to be recognized by red is shown below:-

Excess of fair value over book value = Land fair value - Land book value

= $52,000 -$42,000

= -$10,000

Here land is not amortized

Excess of fair value over book value = Building fair value - Building book value

= $390,000 - $200,000

= $190,000

Excess fair value over book value amortization expense adjustments to be recognized by red = Excess of fair value over book value of building ÷ Number of Years

= $190,000 ÷ 10

= $19,000

Excess of fair value over book value = Equipment fair value - Equipment book value

= $280,000 - $350,000

= ($70,000)

Excess fair value over book value amortization expense adjustments to be recognized by red for equipment = Excess of fair value over book value of equipment ÷ Number of Years

= ($70,000) ÷ 5

= ($14,000)

Total amount of excess fair over book value amortization expense adjustments to be recognized by red

= $19,000 - $14,000

= $5,000

7 0

3 years ago

Lillich, Inc., manufactures and sells two products: Product U6 and Product R5. Data concerning the expected production of each p

Gelneren [198K]

Answer:

Lillich, Inc.

The unit product cost of Products U6 under activity-based costing is closest to: $1,460

Explanation:

a) Data about expected production of Products U6 and R5:

Expected Direct Labor-Hours Total Direct

Production Per Unit Labor-Hours

Product U6 640 8.4 5,376

Product R5 1,015 5.4 5,481

Total direct labor-hours 10,857

The direct labor rate is $27.50 per DLH.

Direct Materials Cost per Unit Product U6$249.30 Product R5 $166.70

Activity Cost Pools Activity Estimated Expected Activity

Measures Overhead Product U6 Product R5 Total

Cost

Labor-related DLHs $ 196,138 5,376 5,481 10,857

Production orders Orders 67,340 800 700 1,500

Order size MHs 1,015,108 5,400 5,700 11,100

$1,278,586

Overhead Costs:

Product U6 Product R5 Total

Labor-related overhead costs $97,121 $99,017 $196,138

Production orders 35,915 31,425 67,340

Order size 493,836 521,272 1,015,108

Manufacturing overheads $626,872 $651,714 $1,278,586

The direct labor rate is $27.50 per DLH

Product U6 Product R5 Total

Expected Production 640 1,015

Direct labor hours 5,376 5,481 10,857

Direct Materials Cost per Unit $249.30 $166.70

Direct material costs $159,552 $169,200.50 $328,752.50

Direct labor costs 147,840 150,727.50 298,567.50

Manufacturing overhead 626,872 651,714.00 1,278,586.00

Total production costs $934,264 $971,642.00 $1,905,906.00

Unit cost $1,459.79 $957.28

5 0

3 years ago