Answer:
Objectives of HRM include ensuring availability of resources, easy access to data, on-time payroll, ensuring compliances, etc. HRM objectives are basically influenced by organisational goals and vertical. Objective of HRM is to ensure a stable work environment with data at one place and efficient operations.
Answer:
CMR: 52% --> each dollar of sales generates 52 cent of contribution
VCR: 48% --> 48 cent per dollar of sales are cost
BEPu: 10,000 units will pay up the cost to purchasethis units and the fixed cost for the business.
BEPs: $ 250,000 in sales pay up both, fixed and varible operating cost.
Explanation:
selling price per hat: $ 25
variable cost per hat: $ 12
Contribution per unit $ 13
Contribution Ratio:
13/25 = 0.52
Variable cost Ratio:
12/25 = 0.48
Fixed cost: 130,000
Break even point:


dollars of sales BEP: 250,000


units sold to pay up variable and fixed cost: 10,000
Answer:
studying
Explanation:
The coming together by students not to study is an example of collusion in an oligopoly.
An Oligopoly is when there are few large firms operating in an industry. Collusion is when people come together and decide on a particular course of action. It is usually non competitive
The dominant strategy here is to study.
Dominant strategy is the best option for a player regardless of what the other players are doing.
the students prefers to study more and get an A or to study the same amount as other students and get a C. Her least preferred option is an F. Since she does not know the actions of the other students, are best option is to study
Answer:D) backward bending.
Explanation: Engel Curve is a curve developed based on the study on households expenditures and income by a German Statistical expert named Ernst Engel in the year 1857.
An Engel curve shows the relationship between demand for a good (on the horizontal or x-axis) and income level (on the vertical or y-axis). A normal good has a positive slope of curve is Positive,but if the slope of the curve is negative, the good is an inferior good.
THE CURVE FOR JOYCE AND LARRY AFTER THEY REDUCED THEIR HOME IMPROVEMENT SPENDING WILL HAVE A BACKWARD BENDING.
Answer:
The answers fro part 1 for (a) and (b)to this questions are explained in the explanation section below. (2) A journey was prepared for the entries to correct the error in 2021 (3) retrospectively
Explanation:
Solution
PART 1(A)
2019
The beginning inventory - No effect
Ending Inventory - Understated
The cost of good -Overstated
Net income - Understated
Retained earnings - Understated
No effect on any particulars in 2019 (effect of 2019)
PART 1 (B)
2020
The beginning inventory - Understated
Ending Inventory - Overstated
The cost of good -Understated
Net income - Overstated
Retained earnings - Overstated
(2) JOURNAL ENTRY
Debit ($) Credit ($)
Retained earnings Alc Debit 178,000
To inventory 178,000
(3) It is retrospectively