Answer:
There are lot of differences between salaried jobs and hourly jobs.
Explanation:
Salaried jobs are the ones in which employee is given a consistent salary for his permanent position in the company. They are exempt employees under the Fair labour standard guidelines, which means that they are not entitled to be paid for overtime. Employees with salaried jobs get more benefits like health care, maternity/paternity leaves as compared to hourly jobs. They are also considered in a better financial position.
In case of Hourly jobs, employee is paid based on hourly rate. They are non-exempt employees which means they are paid for overtime. They are even paid more hourly in special/vacation time in some cases.
Answer:
$2,400 unfavorable
Explanation:
Given that;
Time = 3 hours
Cost of labor = $8 per hour
Number of units = 7,100
Total actual labor cost = $172,800
Standard labor cost = 7,100 × 3 × $8 = $170,400
Total labor cost variance = Standard labor cost - Actual labor cost variance
Total labor cost variance = $170,400 - $172,800
Total labor cost variance = -$2,400
The negative sign here means that it is unfavorable, hence total labor cost variance is $2,400 unfavorable
Answer:
The correct answer is (A)
Explanation:
Monopoly and monopolistic competition are similar in many ways. In both type of markets the firms are usually the price makers. Being the only firm in the market gives them an opportunity to earn abnormal profits and in both cases firms earn abnormal profits. Perfect competition is a type of market that is totally different in terms of number of sellers and buyers. In perfect competition firms are the price takers.
Answer:
based on government control- command
of resources and production
based on traditions and customs- traditional;
based on the forces of supply and demand- market
based on price rationing and includes- mixed
some government involvement
Explanation:
i dont cap
