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Mice21 [21]
2 years ago
10

A process is replicated in another country where wages are 50 percent lower. Staffing and processing times are identical. What w

ould be the effect on the costs of direct labor?A. Costs of direct labor would be 50 percent lower.B. Costs of direct labor would be the same. C. Costs of direct labor would be 50 percent higher. D. Cannot determine from the given information.
Business
1 answer:
Anastaziya [24]2 years ago
4 0

Answer:

A) costs of direct labor would be 50% lower

Explanation:

Based on the information provided within the question it can be said that in this scenario the cost of direct labor would be about 50% lower than in the current country of production. That is because the average amount that the workers get paid in that country are 50% lower, therefore the company will be paying 50% less for labor in that country as opposed to where they are now.

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"Betty has been working for Bright Fires for about five years. She compares herself to different managers, such as Meg, who work
Dafna11 [192]

Answer:

External comparison

(occupational equity)

Explanation:

Motivation is commonly defined as a set of distinct energetic forces that occurs as a result of both within and outside an employee; start with work-related effort; and set its direction, intensity, and constancy.

Equity theory is simply a theory of motivation. It shows that motivation is based on an individual's views of his/her life and what happens in lives of other people.

comparison others

Based on the theory of equity, this is the act of viewing or examination our own efforts and results and them comparing them to the efforts and results of others people. Therefore we use the other individuals as a comparison other.

External comparison

Is simply defined as the act by which an individual or employee of a company is compared of himself or herself to an employee from another company . That is When an employee from another company is known as the "comparison other," .

7 0
3 years ago
Read 2 more answers
When a pharmaceutical company introduces a new drug, its research and development costs are ______, and the cost of the chemical
Illusion [34]

Answer:

Start-up cost; variable cost

Explanation:

Start-up cost is the cost incurred in developing a new product. It is a one time cost that is incurred only at the time of creating something new. Start-up cost includes borrowing cost, research and development cost and expenses incurred on technology.

Variable costs change with the change in units of output produced. Cost of chemicals depend on the amount of drugs produced. So, research and development cost is start-up cost and cost of chemical is variable cost.

3 0
3 years ago
RGDP in the United States has grown at an average annual rate of 3% in the last couple of decades. If the RGDP annual growth rat
Natali [406]

Explanation:

i=interest rate

X=current rate

2X = double current rate

n = number of years

Calculate time it takes to double at 3%:

2X = X(1+i)^n

simplify by cancelling out X

(1+i)^n = 2

substitute i = 3%

(1.03)^n =2

take log

n*log(1.03)  = log(2)

n = log(2)/log(1.03) = 0.6931/0.02956 = 23.45 years

Similarly, for growth rate of 7%,

n = log(2)/log(1.07) = 0.6931 / 0.06766 = 10.24 years

So the difference is 23.45-10.24 = 13.21 years (to the hundredth)  sooner

3 0
2 years ago
The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the
mr_godi [17]

The question is incomplete. Here is the complete question:

The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the stock’s expected return and standard deviation of returns? E(R) = 8.5% ; σ = 22.70%; mean = $7.50; standard deviation = $2.50

State              Prob     E(R)

Boom             10%     40%

Normal           60%     20%

Recession       30%   - 25%

Answer:

The expected return of the stock E(R) is 8.5%.

The standard deviation of the returns is 22.7%

Explanation:

<u>Expected return</u>

The expected return of the stock can be calculated by multiplying the stock's expected return E(R) in each state of economy by the probability of that state.

The expected return E(R) = (0.4 * 0.1)  +  (0.2 * 0.6)  +  (-0.25 * 0.3)

The expected return E(R) = 0.04 + 0.12 -0.075 = 0.085 or 8.5%

<u>Standard Deviation of returns</u>

The standard deviation is a measure of total risk. It measures the volatility of the stock's expected return. The standard deviation (SD) of a stock's return can be calculated by using the following formula:

SD = √(rA - E(R))² * (pA) + (rB - E(R))² * (pB) + ... + (rN - E(R))² * (pN)

Where,

  • rA, rB to rN is the return under event A, B to N.
  • pA, pB to pN is the probability of these events to occur
  • E(R) is the expected return of the stock

Here, the events are the state of economy.

So, SD = √(0.4 - 0.085)² * (0.1) + (0.2 - 0.085)² * (0.6) + (-0.25 - 0.085)² * (0.3)

SD = 0.22699 or 22.699% rounded off to 22.70%

7 0
2 years ago
A $22 credit to sales was posted as a $220 credit by what amount is the sales account in error
Elodia [21]
I think i read the question right. I think they would be out $198
5 0
3 years ago
Read 2 more answers
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