Answer:
b) The pay difference is unlawful, unless Midwest can establish some significant difference between Zone A and Zone B.
Explanation:
The equal Pay Act of 1963 states that men and women should earn the same salary for similar jobs, i.e. there should be no distinction of gender when establishing a person's salary.
The exception to this rule would be that the work carried out in Zone A is much more demanding, challenging, difficult, important or relevant than the work carried out in Zone B. E.g. Zone A represents 75% of total revenue, or includes very large cities.
Answer:
D) cause the quantity demanded to exceed the quantity supplied of rental housing.
Explanation:
A price ceiling is a binding government regulation in which it puts a cap on the price landlords can charge tenants to rent their properties. If this happens, there could be a rapid significant increase in the demand of apartments. This would lead to excess demand that the existing supply cannot meet , creating a shortage. The property owners may also choose to not rent their apartment at that lower price driving the supply even lower.
Answer:
Supplier's quotation (2,400 x $6.25) 150,000
Less: Relevant cost of production:
Direct material (2,400 x $31) 74,400
Direct labour (2,400 x $18) 43,200
Variable overhead (2,400 x $9) <u>21,600</u> <u>139,200</u>
Savings <u> 10,800</u>
The parts should be produced in-house since the relevant cost of production is lower than supplier's quotation.
Explanation:
In this case, we need to compare supplier's quotation to the relevant cost of production. The price of $6.25 above was computed by dividing the total price charged by the supplier by the number of parts. Moreso, the relevant cost of production is obtained by the aggregate of direct material, direct labour and variable overhead.
Answer:
all of the above
Explanation:
because it needs to be affordable safe and comfortable
