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3 years ago

Discuss whether or not skilled workers are always paid more than unskilled workers.

Business

1 answer:

Damm [24]3 years ago

8 0

Answer:

Unskilled workers are generally paid less than skilled workers. Demand for skilled workers is high whilst their supply is low. There are two main influences on the demand for workers. One is the amount of output they can produce and the other is the price, for which that output can be sold for.

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1. Production in insurance refers to the policies they produce: * True or False?

frosja888 [35]

Answer:

false

Explanation:

8 0

2 years ago

On April 1, Griffith Publishing Company received $33,480 from Santa Fe, Inc. for 36-month subscriptions to several different mag

WARRIOR [948]

Answer:

Debit Unearned Fees, $8,370

Credit Fees Earned, $8,370

Explanation:

Based on the information given we were told that the Company received the amount of $33,480 from Santa Fe for 36 month on April 1 in which we are to assumed that the adjustments will be made at the year end this means that the adjusting entry will be to:

Debit Unearned Fees, $8,370

Credit Fees Earned, $8,370

Calculated as :

Amount received $33,480/36 months ×9 months

=$8,370

Note that from 1st April to 31st December will give us 9 months.

7 0

4 years ago

Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit

Margarita [4]

Answer:

Contribution margin per pound

Product A = $30

Product B = $20

Product C = $21

Explanation:

Products A B C

Direct Material $36 $90 $45

Provided cost of raw material per pound is $9

Pounds of raw

material used in a unit $36/9 = 4 $90/9 = 10 $45/9 = 5

Contribution per unit $120 $200 $105

Contribution margin per pound = Contribution per unit/ Pounds per unit

= $120/4 = $30 $200/10 = $20 $105/5 = $21

Highest contribution margin per pound is of Product A = $30

Contribution margin per pound

Product A = $30

Product B = $20

Product C = $21

7 0

4 years ago

Laurel contributed equipment worth $200,000, purchased 10 months ago for $250,000 cash and used in her sole proprietorship, to S

Gnoma [55]

Answer: See explanation

Explanation:

a. What is Laurel’s initial tax basis in her LLC interest?

This will be the addition of the $250,000 basis for the equipment, accounts payable of $15,000 and also the $15,000 (15% × $100,000). This will be:

= $250,000 + $15,000 + $15,000

= $280,000

b. True.

Laurel’s holding period in the partnership interest begins the day the LLC interest is acquired. This is due to the fact that the asset contributed isn't a section 1232 asset. The reason for this is due to the fact that the asset was used for a year or less.

c. Sand Creek’s initial basis in the contributed property is $250,000.

d. Ten months.

Sand Creek’s holding period in the contributed property will be 10 months.

5 0

3 years ago

During the taking of its physical inventory on December 31, 2014, Barry's Bike Shop incorrectly counted its inventory as $229,13

Naya [18.7K]

Answer:

Assets will be overstated and Net Income understated

Explanation:

The effect on the balance sheet and income statement

<u>Balance Sheet :</u>

Inventory will be overstated

Inventory belongs to the Current Asset group

Meaning Assets will be overstated

<u>Income Statement :</u>

Inventory will be overstated

This reduces cost of sales with an amount greater

Meaning Profits will be overstated

Conclusion

The effect on the balance sheet and income statement would be : Assets will be overstated and Net Income understated.

6 0

3 years ago