All categories

3 years ago

The area from which employers obtain certain types of workers is known as the: _________

Business

1 answer:

Talja [164]3 years ago

6 0

Answer: A. labor market

Explanation:

The labor market is indeed a market because it operates as a market does. Here the prospective employees offer their services to employers who then buy these services and pay them a wage as compensation.

It is therefore where employers are able to obtain the types of workers that they want because they can advertise their preference then narrow their choices through interviews and other recruitment methods.

You might be interested in

During the month of March, Oriole Company's employees earned wages of $80,000. Withholdings related to these wages were $6,120 f

uysha [10]

Answer:

Oriole company

The wage earned by the employees is $80,000. However certain deductions need to be recognized and made payable to respective statutory institutions.

After deductions the Employee should receive $59,800 (80,000 - 6,120 - 9,600 - 4,000 - 480)

Journal entries

Debit Wage Account with $59,800

Debit FiCA (Employee) Account with $6,120

Debit Fed. income Tax (Employee) Account with $9,600

Debit State Income Tax (Employee) Account with $4,000

Debit Union Deductions (Employee) Account with $480

Credit Wages Payable Account with $80,000

(Being Wages earned in March and its distribution between accruals to employee and accruals to statutory bodies)

Debit Employer state unemployment taxes Account with $800

Credit Employer state unemployment taxes Payable Account with $800

(Being employer contribution to unemployment taxes in March)

6 0

3 years ago

PB4.

julia-pushkina [17]

Answer:

The question is incomplete, the complete question is given below.

Sales price 150

Variable cost 80

Fixed expenses 42,000

Answer:

Break-even point (in units) = 600 units
Break-even point (sales) = $90,000
Contribution margin ratio = 46.6%
Units to be sold to achieve a profit of $21,000 :900 units
Contribution margin income statement (see below)

West Island

Contribution margin income statement

Sales ( $150 900) 135,000

less variable costs($80 × 900) ( 72,000)

Contribution 63,000

Less fixed cost (42,000)

Profit 21,000

Explanation:

Break-even point is the level of activity where a business makes no profit or loss. The number of units to be produced which equates the total cost to total revenue.

It is calculated as ;

Break-even point (in units)=Total general fixed cost/ (selling price per - Variable cost)

Break-even point (sales) = Break-even point (units)× units price

So for West Island, we do as follows:

Break-even point (in units) = $42,000/$(150-80)= 600 units

Break-even point (sales) = 600 × $150 = $90,000

Contribution margin ratio(C.M.R) is the proportion of sales made as contribution. It is determined as contribution/sales revenue.

To calculate the total contribution at the break-even, we just multiply the contribution per unit by the break-even point (units)

Contribution at the break-even point= (150-80) × 600=$42,000

Contribution margin ratio = 42,000/(600*150)= 46.6%

Units to be sold to achieve target profit= (Fixed cost + target profit)/ (S.P- V.C)

Therefore to earn a profit of $21,000., West Island will have to sell:

$(42,000 + 21,000)/$(150-80) = 900 units

West Island

Contribution margin income statement

Sales ( $150 900) 135,000

less variable costs($80 × 900) ( 72,000)

Contribution 63,000

Less fixed cost (42,000)

Profit 21,000

This confirms our answer !

6 0

3 years ago

Abarrier along the open sides of stairways and platforms that prevent falling is

kotykmax [81]

Stair rails is a barrier along the open sides of stairways and platforms that prevent falling is

4 0

3 years ago

Which term describes judging an individual based on the group to which they belong?

Andre45 [30]

Answer:

D. Stereoptyping

Explanation:

8 0

3 years ago

Read 2 more answers

1. A major controversy that is yet to be resolved about the Medicare Prescription Drug, Improvement and Modernization Act of 200

qaws [65]

Answer:

C. What the program will ultimately cost the federal government

Explanation:

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act. It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity. It also provided for voluntary prescription drugs under the medicare program. However, the utilization and cost of the program skyrocketed as soon as the funding source was established. It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.

3 0

3 years ago