It is true that a society accepts minimum wage laws as a method of determining wages because the law is made to determine the wages.
The market value of a good has a direct relationship with the wages; hence it is true that the market value of a good determines wages.
The quality of a good has no direct relationship with the amount of wages hence it does not determines the wages.
Employee productivity also has a direct relation with the quality of the work and hence it also determines the wages.
It is true according to the law that the price floor determines the minimum wage.
Hence the only False statement is:
The quality of a good determines wages.
There are 78 gifts in the "twelve days of christmas"
Answer:
Blanchette Plant Service
ABC Costing Technique:
1. Total cost of the Kerry job:
Plants = $750
Direct labor = 1,300
Total cost = $2,050
2. Determination of operating income or loss (Kerry's job):
Service Revenue = $3,540
less cost of service 2,050
Operating income = $1,490
3. With desired operating income of 30% of cost:
Operating income = $615 ($2,050 x 30%)
The company can charge the Kerry job $2,665 ($2,050 + 615) or ($2,050 x 1.3)
Explanation:
Operating income or loss is the difference between revenue and costs of providing the services or goods. When the revenue exceeds the operating cost, the difference is an operating income. When the revenue is exceeded by the operating cost, the difference is an operating loss. While the former means that the organization has added value to its resources, the latter implies that the organization has lost some value to its resources, thereby reducing the equity of the owners in the business entity.
Answer:
I would need a computer and then a laptop to work fast as I can and that will make me get more money
