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NeX [460]
3 years ago
15

Original source: for those who can't afford to be fussy about status or pay, there are of course plenty of jobs in america. Hund

reds of thousands of immigrants crowd into the country every year to work in lawn maintenance, on construction crews, or as housecleaners, nannies, and meat packers. Even in the absence of new job creation, high turnover in the low-wage job sector guarantees a steady supply of openings to the swift and the desperate. To white-collar job seekers, these are known as "survival jobs"--something to do while waiting for a "real" job to come along.
Business
1 answer:
shepuryov [24]3 years ago
5 0
What is the question here? also immigrants take less pay and pay no taxes so that doesn't help the situation especially when they send it home out of the US to be exchanged for much more in their country. something sounds fishy....but we also have opportunities in the US to have a career or real job if you call it that. a job is a job and a career is something you work hard to do by getting a degree or years of experience that the person can grow within the company as well. unlike a "job" where you can only go so high up the food chain.
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Laura is a gourmet chef who runs a small catering business in a competitive industry. Laura specializes in making wedding cakes.
DedPeter [7]

Answer:

b. make fewer than 20 wedding cakes per month.  

Explanation

Laura sells 20 wedding cakes per month.

Her monthly total revenue is $5,000.

Marginal Revenue = $5000 / 20 cakes = $250

The marginal cost of making a wedding cake is $300.

<em>In order to maximize profits, Laura should make fewer than 20 wedding cakes per month.  </em>

<em>The reason is that Laura's marginal cost is higher than her marginal revenue implying that she is spending more on each item than she is gaining. </em>

<em>By reducing one unit of output she will be gaining more revenue.</em>

<em> Profit Maximization Rule Definition  states that if a firm chooses to maximize its profits, it must choose that level of output where Marginal Cost (MC) is equal to Marginal Revenue (MR) and the Marginal Cost curve is rising. i.e. it must produce at a level where MC = MR. </em>

<em>Hence Laura has to make fewer cakes</em>

7 0
3 years ago
Melbourne Company uses the perpetual inventory system and LIFO cost flow method. Melbourne purchased 2,300 units of inventory th
blagie [28]

Answer:

$32,550

Explanation:

LIFO means last in first out. It means that it is the last purchased inventories are the first to be sold.

Total inventory = 2,300 + 2,400 = 4,700

Ending inventory = 4700 - 2600 = 2,100

The ending inventory would be the first purchased inventory

Ending inventory = 2100 x $15.50 = $32,550

I hope my answer helps you

8 0
3 years ago
Sheridan Custom Electronics (SCE) sells and installs complete security, computer, audio, and video systems for homes. On newly c
Hunter-Best [27]

Answer:

A.)Labor rate = $74.50

B.)Material loading percentage= 93%

C.)Total estimated bill = $83,160

Explanation:

TIME CHARGES:

Technicians' wages and benefits - $165,300

Parts manager salary and benefit -

Office employee's salary and benefit - 23,370

Other overhead - 13,680

Total budgeted costs $202,350

MATERIAL LOADING CHARGES:

Technicians' wages and benefits -

Parts manager salary and benefit - $33,700

Office employee's salary and benefit - 12,290

Other overhead - 39,420

Total budgeted costs - $85,410

A.)

Budgeted hours - 5700

Budgeted cost per labor hour = 202,350/5700 = $35.5

Add: profit margin = $39

Labor rate = $74.5

total invoice cost of parts and materials in 2020 will be = $657,000

Material loading charges = 85410/657000 = 0.13 = 13 %

Add: profit on parts = 80%

Material loading percentage = 93%

C.)

Estimated labor hours = 80

Material parts = $40,000

Labor charges = 80 * $74.5 = $5960

Material parts = $40,000

Material loading charges = 93% * 40000 = $37,200

Total estimated bill = $83,160

8 0
3 years ago
Etheridge Inc. had a manufacturing plant in Sudan, which was destroyed in the civil war. It is not certain who will compensate E
Aliun [14]

Answer:

Since the amount of compensation is more than the book value there is to be gain.

No contingent gain is recorded unless probable .Therefore it will not be recorded.

8 0
3 years ago
Your aunt offers you a choice of $21,200 in 25 years or $430 today. Use Appendix B as an approximate answer, but calculate your
ryzh [129]

The present value is = $917.526

<u>Explanation:</u>

The following formula will be used in order to calculate the present value  

\mathrm{PV}=\mathrm{FV} * \frac{1}{(1+\mathrm{i})^{\wedge} \mathrm{n}}

Here, PV = Present value, FV = Future value, I = Interest, n = number of periods

The present value of $21200 with 17 percent discount rate of return for 20 years will be calculated as follows:

\mathrm{PV}=\mathrm{FV} * \frac{1}{(1+\mathrm{i})^{\wedge} \mathrm{n}}

=\$ 21200 /(1+\underline{0.17})^{\wedge} 20

Therefore, the present value after calculating is = 917.526

$430 today should not be chosen.

7 0
3 years ago
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