Do you think workers of a company need to join in a trade union? Justify your answer

Klumpro, a supplier of organic milk products, sells its products to Sweedinth, a dessert store and Klumpro's long-term customer,

Alexxandr [17]

Answer:

Business relations

Explanation:

Business relations are the connections that exist between all entities that engage in commerce. That includes the relationships between various stakeholders in any business network, such as those between employers and employees, employers and business partners, and all of the companies a business associates with.

8 0

3 years ago

After evaluating Null Company’s manufacturing process, management decides to establish standards of 2 hours of direct labor per

Arisa [49]

Answer:

Explanation:

The computation is shown below:

For October month:

The computation of the direct labor price variance is shown below:

= Actual Hours × (Actual rate - standard rate)

= 11,500 × ($180,550 ÷ 11,500 hours - $15.50 per hour)

= 11,500 × ($15.70 - $15.50)

= $2,300 unfavorable

The computation of the direct labor efficiency variance is shown below:

= Standard Rate × (Actual hours - Standard hours)

= $15.50 per hour × (11,500 hours - 6,100 units × 2 hours)

= $15.50 per hour × 700 hours

= $10,850 favorable

The computation of the total direct labor cost variance is shown below:

= Direct labor rate variance + direct labor efficiency variance

= $2,300 unfavorable + $10,850 favorable

= $8,550 favorable

For November month:

The computation of the direct labor price variance is shown below:

= Actual Hours × (Actual rate - standard rate)

= 22,500 × ($355,500 ÷ 22,500 hours - $15.50 per hour)

= 22,500 × ($15.80 - $15.50)

= $6,750 unfavorable

The computation of the direct labor efficiency variance is shown below:

= Standard Rate × (Actual hours - Standard hours)

= $15.50 per hour × (22,500 hours - 6,500 units × 2 hours)

= $15.50 per hour × 9,500 hours

= $147,250 favorable

The computation of the total direct labor cost variance is shown below:

= Direct labor rate variance + direct labor efficiency variance

= $6,750 unfavorable + $147,250 favorable

= $140,500 favorable

3 0

3 years ago

If the book value per share is $40 and the market price is 52.50 per share calculate the required rate of return on the stock.

pav-90 [236]

Answer:

0.11 or 11%

Explanation:

The computation of the required rate of return is given below:

Required Rate of Return is

= Next Year Dividend ÷ Current Market Price + Growth Rate

= $3.15 ÷ $52.50 + 0.05

= 0.06 + 0.05

= 0.11 or 11%

working note

Given that

Current Market Price = $52.50

As we know that

Growth Rate = Return on Equity × Retained Earning Ratio

Now

Return on Equity = EPS ÷ Book Value of Share

= $5 ÷ 40

= 12.50%

So,

Retained Earning Ratio is

= 1 - Dividend Payout Ratio

= 1 - 0.60

= 0.40

And,

Dividend Payout Ratio = DPS ÷ EPS

= $3 ÷ $5

= 0.60

Now

Growth Rate = 12.50% × 0.40

= 5%

So,

Next Year Dividend = Dividend Recently paid × (1 + growth rate )

= $3 × 1.05

= $3.15

7 0

2 years ago

Alex was sent to Beijing to help local managers solve the problem of growing worker dissatisfaction at their manufacturing facil

Ilya [14]

" There is an unequal distribution of power in the company " best explains this situation

Explanation:

Inequity is the almost inevitable result of two strong forces:

human bias and socioeconomic injustice.

One may debate whether or not power imbalances and other social inequalities induce bias.

(Even though the notion of a single variable approach to these debates encourages most of us, the truth is more complex; each one strengthens the other and this always results in a chicken and egg debate.)

Unfairness and discrimination can also be found interchangeably with everyday terminology.

I presumption a difference here: the definition of the word 'inequality' and the control of the expression 'inequity.' Inequality contributes to the allocation of such products, some of which earn more than others. Inequity stretches into this: not just unequal allocation; disproportionate and unjust allocation.

8 0

3 years ago

Demonstrating opportunity cost is done through production

Leni [432]

Answer:

Possibility

Hope this helps :)

Explanation:

8 0

3 years ago