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r-ruslan [8.4K]
3 years ago
15

Alex and J.J. Both apply for two job openings in the same department at a law firm in Chicago. They both interview very well and

the firm decides to give them both a job offer. The offers go out, and the firm offers J.J. A starting salary that is $10,000 lower than Alex's starting salary. Consider the possible explanations as to why the salaries may be different. Match the explanations with the scenarios. NOTE: Not all explanations will be matched with a scenario. Alex went to a higher tier law school. J.J. Is reentering the workforce after two years away. Alex will be working with a notoriously difficult boss. Alex is a man and J.J. Is a woman.
Business
1 answer:
denis23 [38]3 years ago
8 0

Solution :

In the context, it is given Alex and J.J. both are applying for a job openings in a law firm at Chicago. Both of them got the job offer but J.J. got lower salary than Alex. The salaries are different for both J.J and Alex. Some of the possible explanations for the difference in salaries that may be related to some scenarios are :

  • Alex went to higher tier law school  ----  difference in education
  • J.J. is reentering the workforce after two years away  ---  difference in experiences.
  • Alex will be working with a notoriously difficult boss  ---  compensating differentials.
  • Alex is a man and J.J. Is a woman  ---  economic discrimination.

                         

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Virty [35]

Answer:

$19.20

Explanation:

Computation for the unit product cost that would appear on the job cost sheet for this job.

First step is to compute the Total Product cost

Job 243

Direct material $ 51,870

Direct labor (435*11) 4,785

Overhead (516*13) 6,708

Total Product cost $63,363

Now let Compute the unit product cost

Unit product cost=$63,363/3,300 units

Unit product cost =$19.20

Therefore the unit product cost that would appear on the job cost sheet for this job is $19.20

8 0
3 years ago
What is a cash book used for?​
Alinara [238K]

Answer:

to keep track of all business transactions in case of an audit

8 0
3 years ago
Read 2 more answers
Stewart Corporation manufactures solar powered calculators. The company can manufacture 1,100,000 calculators a year at a variab
NeX [460]

Answer:

If the special offer is accepted, the net operating income will decrease in $120,000

Explanation:

Giving the following information:

Total variable cost= $2,200,000

Fixed cost= $1,100,000

Based on management’s projections for next year, 950,000 calculators will be sold at the regular price of $15.00 each. A special order has been received for 230,000 calculators to be sold at a 60% discount off the regular price.

Because the company can't provide the 950,000 units and the 230,000 special offer, the offer will cannibalize sales from the 950,00 units.

Special offer sale price= 15*0.4= $6

Unitary variable cost= 2,200,000/1,100,000= $2 per unit

<u>First, we will calculate the net income without the special offer</u>:

Sales= 950,000*15= 14,250,000

Total variable cost= 950,000*2= (1,900,000)

Contribution margin= 12,350,000

Fixed costs= (1,100,000)

Net operating income= 11,250,000

<u>With the special offer:</u>

Sales= (230,000*6) + (870,000*15)= 14,430,000

Total variable cost= (2,200,000)

Contribution margin= 12,230,000

Fixed costs= (1,100,000)

Net operating income= $11,130,000

If the special offer is accepted, the net operating income will decrease in $120,000

7 0
3 years ago
Concord Corporation’s balance sheet at the end of 2019 included the following items. Current assets (Cash $82,000) $236,770 Curr
xenn [34]

Answer:

Cash flow generated for the year: 71,790

Explanation:

From the information given we use the indirect method, we adjust net income for the non-monetary terms and then, adjust for the changes in working capital

The sale of assets will be enter under investing activities for the cash received regardless of the gain/loss at disposal

the stock transactions are considered financing from the firms perspective.

<u>Operating Activities:</u>

Net income           60,100

depreciation          16,540

loss at disposal          230

(21,770 - 9,770 = 12,000 against 11,770)

amortization            2,500

adjusted income:                        79,370

<em>changes in working capital:</em>

increase in current assets:        (29,000)

increase in current liabilities:  <u>     14,770  </u>

net change in working capital     14,230

from operating activities:            93,600

<u>Investing Activities</u>

sale of equipment                    11 ,770

purchase of stocks                 (16,000)

Building improvements        <u>  (28,770)  </u>

from investing activities         (33,000)

<u>Financing Activities</u>

Issuance of bonds payable     52, 190

Cash dividends                       (30,000)

Purchase of treasury Stocks <u>  (11, 000)   </u>

from financing activities           11,  190

Cash flow generated for the year:

93,600 - 33,000 + 11,190 = 71,790

5 0
3 years ago
Estimate the cost of expanding a planned new clinic by 25,000 ft2. The appropriate capacity exponent is 0.62, and the budget est
jeka57 [31]

Answer:

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Explanation:

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New expansion = 25000 ft^2

capacity component  = 0.62

total cost for original size of clinic is = $17 million

Size of new clinic = 185,000 + 25,000 = 210,000 ft^2

cost of new clinic=  17,000,000 \times [\frac{size\ of\ new\ clinic}{185,000}]^{0.62}

cost of new clinic =17,000,000 \times [\frac{210,000}{185,000}]^{0.62}

cost of new clinic = $18,389,859.56

cost of expansion = cost of 210,000 ft^2  -  cost of 185,000 ft^2

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cost of expansion  = $1389859.55

4 0
3 years ago
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