Answer
Material purchase budget ($)= $475,500
Explanation:
The material purchases budget is determined by adding the the closing stock of materials to the material usage budget and subtracting the opening inventory of materials.
Material purchase budget= Material usage budget + closing inventory - opening inventory
Material usage budget = Production budget × standard quantity per unit
= 53,00 × 6 yards = 318,000
Material purchase budget(quantity) = 318000 + 30,000 - 31,000 = 317,000
Material purchase budget ($) = Material purchase budget (in quantity) × standard price
= 317,000× $1.50 = $475,500
Material purchase budget ($)= $475,500
Answer: The labor market works much like other markets. There are buyers and sellers and they interact to determine a price. ... In the labor market, firms demand labor and individuals such as you and I supply that labor. Employers demand labor because workers are an important part of the production process.
It is correct to choose option (b). Compensation disparities that account for differences in job desirability are known as compensating wage differences.
<h3>What does it mean to compensate for salary disparities?</h3>
Compensation wage differentials are designed to compensate for nonwage employment characteristics, such as how "pleasant" or "unpleasant" a job is for employees. - In order to retain employees, a corporation will probably need to pay more if a job is unpleasant, and the opposite is also true. Salary differences resulting from non-financial factors in various employment situations are known as compensating differentials.
<h3>What significance do compensation differences have?</h3>
Wage disparities have significant economic and social implications because they directly affect how a nation allocates its economic resources, including its human capital, the growth of its national revenue, and the rate of economic progress. Encourage economic growth at the favored rate.
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The employee who used to work and recently died has the
capability of winning this lawsuit because the Disney corp is the one at fault
for their unfairness towards the grooming code rule where in a person should
have the freedom of wearing what they want to wear in which they violated her
first amendment freedom.
I believe that the kind of example that Yohann is setting is the importance of financial planning. So before Yohann lost his job, he was thinking ahead and set a lot of money aside throughout his working years for a rainy day. He couldn't predict that something bad like a recession was going to happen, but he was still prepared for it nevertheless. The other answers do not apply here.