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3 years ago

Why do you think states have licensing requirements for certain occupations?

Business

1 answer:

kupik [55]3 years ago

8 0

Answer: to prevent improper use or causing an issue with the thing they have to get a license for

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Suppose that the wage rate is $30 per hour, and the firm sells each unit of output for $6. Using the data from Table 7.3, how ma

polet [3.4K]

I found this data from Table 7.3
 Labor Input Output
 0 0
 1 40
 2 70
 3 90
 4 100
 5 105
 6 108

Labor Cost = Labor Input x 30
Output Sales = Output x 6
Revenue = Sales - Cost

 Labor cost Output Sales
 0 0
 30 240
 60 420
 90 540
 120 600
 150 630
 180 648

 Labor Input Output Labor cost Output Sales Revenue
 0 0 0 0 0
 1 40 30 240 210
 2 70 60 420 360
 3 90 90 540 450
 4 100 120 600 480
 5 105 150 630 480
 6 108 180 648 468

Labor Unit 4 and 5 both have a revenue of 480. It is the maximum revenue. I think the best option would be C. 4 UNITS.

Lesser cost to the company at a maximum revenue.

6 0

3 years ago

Short Corporation acquired Hathaway, Inc., for $33,520,000. The fair value of all Hathaway's identifiable tangible and intangibl

sp2606 [1]

Answer:

Explanation:

The computation of the annual amortization for goodwill is shown below:

As we know in the case of goodwill, the impairment test is to be done on periodic basis and if there is any fall in the value so the same is to be reported as the impairment loss

So for goodwill, no amortization is to be done

hence, the annual amortization is zero

4 0

2 years ago

Question 3 of 10

Stels [109]

Answer:

underrepresented student scholarship.

7 0

2 years ago

Read 2 more answers

Joplin Industries Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable J-Sports logo.

motikmotik

Answer:

a. Joplin Industries Inc.

Absorption Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Less: Beginning inventory $4,387,200

Cost of goods manufactured $45,756,000

Cost of goods sold $50,143,200

Gross Profit $30,856,800

Selling and Administrative Expenses $13,122,000

Operating Income $17,734,800

b. Joplin Industries Inc.

Variable Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Variable cost of goods sold $40,500,000

Manufacturing Margin $40,500,000

Selling and Administrative Expenses $12,150,000

Contribution Margin $28,350,000

Fixed cost

Manufacturing cost $8,856,000

Selling and Admin Expenses $972,000

Total Fixed cost $9,828,000

Operating Income $18,522,000

4 0

3 years ago

Describe Reid Hoffman the founder and creator Linkedln?

CaHeK987 [17]

Answer:

Reid Garrett Hoffman is an American internet businessman, tech entrepreneur, writer. Hoffman became co-founder and president of LinkedIn, an enterprise-oriented social media network mainly utilized for business networking. In 2016, Hoffman transferred LinkedIn for $26.2 billion in cash to Microsoft, then entered the board for Microsoft.

5 0

3 years ago