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Korvikt [17]
3 years ago
12

Why is education an important factor in setting wages?

Business
2 answers:
Natali5045456 [20]3 years ago
8 0

Answer: a

Explanation: just took it on a test

IRINA_888 [86]3 years ago
4 0

Answer:

A. People with more education tend to earn higher wages.

Explanation:

Employers require some minimum level of education when hiring workers. Lower cadre jobs may require low education levels, but higher positions demand a higher education level. Lower cadre jobs don't pay as handsomely as the higher-level jobs.

As employers always demand minimum qualifications for jobs, an individual without any educational qualification will find it difficult to get employed. Their chances of earning decreases. Educated individuals are better placed to get hired and earn more compared to others.

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Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
V125BC [204]

Answer:

Unitary cost= $155.8

Explanation:

<u>First, we need to determine the overhead allocation rate:</u>

<u />

P<u>redetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base</u>

Predetermined manufacturing overhead rate= (562,400/76,000) + 2.3

Predetermined manufacturing overhead rate= $9.7 per machine hour

<u>Now, we can calculate the total cost of Job A496:</u>

<u />

Number of units in the job 20

Total machine-hours 80

Direct materials $780

Direct labor cost $1,560

Total cost= 780 + 1,560 + (9.7*80)

Total cost= $3,116

<u>Finally, the unitary cost:</u>

Unitary cost= 3,116/20

Unitary cost= $155.8

3 0
3 years ago
A partnership has the following capital balances: Comprix (35% of gains and losses) $ 150,000 Heflin (40%) 300,000 Kaplan (25%)
Paul [167]

Answer:

$225,000

Explanation:

40 x 0.25 = 10% interest from Heflin

Heflin's new interest = 30%

300,000(40%) x 30% = $225,000

7 0
3 years ago
Ross lives in a house he received as a gift from his father. His father had lived in the house for 12 years.
Westkost [7]

Answer:

Ross' recognized gain or loss is $3,000

Ross' basis for the new residence is $125,000

Explanation:

check the picture attached below for explanation

7 0
3 years ago
What is the best definition of technology?
adelina 88 [10]

Answer:

technology is applying scientific knowledge to find answers and fix problems.

Explanation:

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4 0
3 years ago
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Answer:

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