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3 years ago

What is the main difference between regular work hours and overtime

Business

1 answer:

Rina8888 [55]3 years ago

3 0

Answer:

regular work hour- employee are expected to on the basis of their employment contract.

overtime- hours worked exceed normally scheduled working hours.

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After reaching the break-even point, a company's net operating income will increase by the?

ArbitrLikvidat [17]

The answer is Contribution Margin.

What is break-even point?

A transaction or investment's breakeven point (break-even price) is established by comparing the market price of an asset to its initial cost; the breakeven point is reached when the two prices are equal. In business accounting, the breakeven point is calculated by dividing the entire fixed costs of production by the revenue per unit less the variable costs per unit. Those expenses that don't fluctuate regardless of how many units are sold are referred to in this context as fixed costs. The production level at which all sales for a product net the same amount of money as all expenses is known as the breakeven point.

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7 0

2 years ago

An engineer wishes to have $3 million by the time he retires in 35 years. Assuming 8% nominal interest, compounded continuously,

Genrish500 [490]

Answer:

annual sum must he set aside $16209.42

Explanation:

given data

engineer wishes = $3 million

retires time = 35 years

nominal interest = 8%

solution

we get here effective annual rate that is

interest rate = $e^{r} - 1$ ...........1

interest rate = $e^{0.08} - 1$

interest rate = 0.08328 = 8.33%

and

now we get annual sum must he set aside that is

amount = $3 million × $\frac{rate}{(1+rate)^{t}-1}$

amount = $3000000 × $\frac{0.0832}{(1+0.0832)^{35}-1}$

amount = $16209.42

5 0

3 years ago

Gundy Company expects to produce 1,207,200 units of Product XX in 2017. Monthly production is expected to range from 75,600 to 1

kenny6666 [7]

Answer and Explanation:

The preparation of the flexible manufacturing budget is presented below:

Activity level

Finished units 75,600 96,600 117,600

(75,600 + 21,000)

Variable costs

Direct materials($3) $226,800 $289,800 $352,800

Direct labor ($7) $529,200 $676,200 $823,200

Overhead ($10) $756,000 $966,000 $1,176,000

Total variable costs $1,512000 $1,932,000 $2,352,000

Fixed costs

Depreciation [($4 × 1,207,200) ÷ 12] $402,400 $402,400 $402,400

Supervision [($1 × 1,207,200) ÷ 12] $100,600 $100,600 $100,600

Total fixed costs $503,000 $503,000 $503,000

Total costs $2,015,000 $2,435,000 $2,855,000

We simply added the total variable and total fixed cost so that the total cost could come and the same is shown above

5 0

3 years ago

6. The effects of inflation Suppose Friendly Airlines is considering signing a long-term contract with the union representing it

Alla [95]

If inflation is lower than expected, it would benefit the union and it would be a disadvantage to Friendly Airlines because the real wage increase would now be 4%.

<h3>What is inflation?</h3>

Inflation is when there is a general increase in the general price level of an economy. If inflation turns out to be lower than expected, the employers would be at a disadvantage while the employees would be at advantage because there would be an increase in their real wages.

Increase in real wage = real increase in wage + (expected inflation + actual inflation)

3% + (6% - 5%) = 4%

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8 0

2 years ago

Which of the following is a trait shared by most successful entrepreneurs? They quit when things get too confused. They can get

DENIUS [597]

Answer:

THEY CAN GET ALONG WITH MOST PEOPLE.

Explanation:

To be a successful entrepreneurs, there are some traits one has to emulate or have. Some of these traits are: passion, strong work ethic, strong people skills, determination, creativity, competitiveness, self starter, open minded, confidence, discipline.

Successful entrepreneurs are not quitters, they don't quit when things get too confusing, they look for solutions instead.

Successful entrepreneurs take responsibility because they are responsible and in control of their actions.

Successful entrepreneurs don't wait till they have to be pushed, they push themselves with hardwork and determination because if they don't, no one else will push them.

A successful entrepreneur is someone who has excellent communication skills (for selling products to customers and for motivating employees) for effectively communicating their mission and advice to others.

Therefore, the trait shared by most entrepreneurs is THEY CAN GET ALONG WITH MOST PEOPLE.

8 0

4 years ago

What is the main difference between regular work hours and overtime​

What is the main difference between regular work hours and overtime