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Lilit [14]
3 years ago
8

According to the market theory of wage determination, under what circumstances will wages for a particular group be highest?

Business
2 answers:
Serhud [2]3 years ago
7 0

Answer:

Wages for a particular group will be highest when demand is high, and supply is low

<u>Explanation:</u>

The market theory of wage determination is the hypothesis that payments that are, the cost of work, are resolved like all costs by the organic market. Along these lines, when laborers sell their work, the value they can charge is mostly impacted by Supply the number of laborers accessible and demand number of laborers required.  

 When businesses can not discover enough specialists to address their issues, they will continue raising their pay offers until more laborers are pulled in. When laborers are in wealth, at that point, wages will fall until the surplus work chooses to go somewhere else looking for employment.

Scrat [10]3 years ago
6 0

Answer:

The answer is C

Explanation:

When all things are equal.

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Revenues and expenses arising from activities that are not part of the company's operations are classified as ______ revenues an
lbvjy [14]

Answer:

Nonoperating

Explanation:

The activities through which revenue and expenses occur which do not take part in the operations of business is consider as nonoperating.

6 0
2 years ago
A company completes 21,000 units this month and has ending goods in process inventory of 3,000 units which are estimated to be 4
Artyom0805 [142]

Answer: $36,000

Explanation:

First calculate the Equivalent Units of Production;

= 21,000 + (3,000 * 40%)

= 21,000 + 1,200

= 22,200 units

Then find the cost of each units.

= Total production cost/ Equivalent units of production

= 666,000/22,200

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6 0
3 years ago
Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th
melomori [17]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Baka Corporation applies manufacturing overhead based on direct labor-hours.

The company based its predetermined overhead rate on total estimated overhead of $243,300 and 8,300 estimated direct labor-hours.

Actual manufacturing overhead for the year amounted to $244,400 and actual direct labor-hours were 5,800.

To determine the over or under application of manufacturing overhead, first, we need to calculate the predetermined manufacturing overhead rate:

predetermined manufacturing overhead rate= total estimated manufacturing overhead for the period/ total amount of allocation base

predetermined manufacturing overhead rate= 243,000/8,300= 29.28

Now, we can calculate the allocated overhead:

Allocated manufacturing overhead= predetermined manufacturing overhead rate* actual hours= 29.28*5800= $169,824

Finally, we can determine the under or over allocation:

Under/over allocation= real manufacturing overhead - allocated manufacturing overhead= 244400 - 169824= $74,576 underallocated

4 0
3 years ago
Which of the following statements regarding PERT analysis is true? a. Each activity has two estimates of its duration. b. Projec
olganol [36]

Answer:

It's c.

Explanation:

Program Evaluation and Review Technique (PERT) is a method used in program management. It analyzes the time required to complete each task in a project and so tries to determine the minimum time to complete a project. It was developed by the US Navy in 1957.

In PERT analysis:

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