Answer:
According to the Efficiency-wage theories: High wages paid to the workers' make them more productive, therefore, the firms are reluctant or fail to decrease wages despite of an excess supply of labour.
Answer:
Goals and set objectives
Explanation:
The reason is that the long term strategic planning is basically long term planning of the organization and in it we set a direction or in other words list number of objectives that we want to achieve in the long run. So long term strategic plans helps us to achieve goals and set objectives.
Answer:
24%
Explanation:
Given that,
Current liabilities = $ 510
Long-term debt = $340
Common stock = $600
Retained earnings = $1,050
Total liabilities & stockholders’ equity = $2,500
The common stock would appear as a percentage of the total liabilities & stockholders’ equity.
Therefore, the common stock would appear:
= Value of Common stock ÷ Total liabilities & stockholders’ equity
= $600 ÷ $2,500
= 0.24 or 24%
Answer:
Break-even point in units= 100,000 units
Explanation:
Giving the following information:
Your variable costs to produce each bottle is $1.
Your fixed costs are $100,000/year.
How many bottles must you sell at $3/bottle to cover your fixed costs and earn your target profit of $100,000
<u>To calculate the number of units to be sold, we need to use the following formula:</u>
<u></u>
Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit
Break-even point in units= (200,000) / (3 - 1)
Break-even point in units= 100,000 units
Answer:
Option (A) is correct.
Explanation:
Given that,
Direct Materials = $386,100
Direct Labor = $200,100
Factory Overhead = $220,300 and,
Selling Expenses = $39,500
Conversion costs = Direct labor + factory overhead
= $200,100 + $220,300
= $420,400
Therefore, the conversion costs for the company is $420,400.
