Employees covered by the overtime provisions of the Fair Labor Standards Act are labelled as nonexempt employees.
Non-exempt employees are covered by statutory laws and are required to be paid the minimum wage in accordance with the legislation. The requirement of 40 hours of work each week should be used to compute these benefits on an hourly basis. Most of the jobs in this category are probably not management ones.
Non-exempt employees are not exempt from overtime pay and must be paid 1.5 times their regular hourly rate when working overtime. Non-exempt employees often earn less than this amount, but not always as state-specific criteria can vary.
Learn more about non-exempt employees here:
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Answer:
C) hierarchy.
Explanation:
A unit level cost is a cost incurred every time one unit is produced, e.g. a bottle.
A batch level cost is a cost related to a group or batch of units produced, e.g. a box containing 20 units.
A product sustaining level cost is a cost related to the activities undertaken to support an individual type of product, e.g. software updates.
A facility level cost is a cost incurred in order to maintain a productive facility working, e.g. lighting and cleaning costs.
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Answer:
Some of the factors that influence the supply of a product are described as follows:
i. Price: ...
ii. Cost of Production:
iii. Natural Conditions:
iv. Technology:
v. Transport Conditions:
vi. Factor Prices and their Availability:
vii. Government's Policies:
viii. Prices of Related Goods
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Answer:
Production budget = 835
Explanation:
<em>T</em><em>he production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories. </em>
Production = Sales budget + closing inventory - opening inventory
Inventory at the end of July = 40%×650= 260
Opening inventory = 75
Sales budget = 650
Production budget = 650+ 260 - 75= 835
Production budget = 835
