Answer:
labor cost = 15,000
Explanation:
We are going to use the formula for applied overhead and solve for the cost driver, which in this case is labor cost.
labor cost * 0.70 = 10,500
10,500/0.70 = labor cost
labor cost = 15,000
Gabriella, a manager, hires the first person she interviews because she believes that person can do the job adequately. He is solving the problem.
<h3>What is problem-solving?</h3>
It is the process of identifying a problem, finding and selecting possible solutions to the problem. An alternative solution can also be used.
The process of identifying the best fit for a job provides the solution to shortage or lack of the best fit staff.
Therefore, Gabriella is solving the problem by hiring the first person she interviews because she believes that person can do the job adequately.
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Answer:
$24,400
Explanation:
Assuming that Alan and Donna are married and they decide to file their taxes together, the standard deduction for 2019 taxes was $24,400.
The standard deduction increases if you or your spouse is over 65 years old, or if any of you is blind. The standard deduction generally increases a little bit every year, e.g. during 2018 it was $24,000 and for 2020 it is $24,800.
Answer:
A)
Explanation:
obesity epidemic in American society increased uniformity and rationality of society
LeBron James is one of the best basketball players in the country, was selected by the Cleveland Cavaliers as the first pick in the 2003 NBA draft, signing a three-year contract worth almost $13 million, with an option for a fourth year at $5.8 million. Had he decided to attend college instead, James would have incurred an opportunity cost of at least $19 million in forgone income to earn a four-year college degree.
Opportunity cost is the value you would gain or lose if you choose a different path or solution. The opportunity cost in this scenario is deciding to play in the NBA since college was too expensive. LeBron James ultimately saved time and money by taking the detour because he received a contract worth close to $13 million; otherwise, he would have had to pay more and spend more time attending a four-year college.
LeBron's decision to join the NBA right after high school graduation has an opportunity cost because he might have attended a four-year university or college instead. He was chosen by the Cleveland Cavaliers as the first overall choice in the 2003 NBA Draft
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