Answer:
High-tech firms are hiring expensive, sophisticated people who are in high demand compared to fast food franchises and treat them better to avoid losing them to other companies
Explanation:
High-tech firms are hiring expensive, sophisticated people who are in high demand. This brings about a better treatment of their employees because if they do not offer these amenities to employees, they would become employees of other high-tech companies. Individuals with low skill levels do not get high salaries or benefits. They are not in as high demand as highly skilled workers. It is efficient, but many would argue that it is not fair.
Answer:
C) 640 units
Explanation:
Given that
Total manufacturing cost = $132,600
Per unit material cost = $75
Fixed overhead cost = $36,000
Variable overhead cost = 50% of total labor cost
The computation of total number of units is given below:-
Variable overhead cost
= 12,000 × $2.70 × 50%
= $16,200
Direct labor cost
= 12,000 × $2.70
= $32,400
Total Direct material cost = Total manufacturing cost - Variable overhead cost - Fixed overhead cost - Direct labor cost
= $132,600 - $16,200 - $36,000 - $32,400
= $48,000
Total number of units = Total Direct material cost ÷ Direct materials cost
= $48,000 ÷ $75
= 640 units
Answer:
d. A credit to Prepaid Insurance for $680.
Explanation:
The computation of the prepaid insurance is shown below:
Given that
Four month prepaid insurance = $2,720
For one month, the prepaid insurance is
= $2,720 ÷ 4 months
= $680
Since we have to record the prepaid expenses for 1 month, we divided the total prepaid insurance by the 4 months due to that it decreases by $680 and that's why we credited this account
The price a firm charges for a good or service is typically less than the value placed on that good or service by the customer. This is because the customer captures some of that value in the form of what economists call a consumer surplus.
Purchaser surplus measures the gain to buyers from participating in a marketplace. Its miles are measured as the quantity a consumer is willing to pay for an amazing minus the quantity a customer without a doubt can pay for it.
If markets were now not aggressive, the purchaser surplus would be less and there would be more inequality. A lower customer surplus results in better producer surplus and extra inequality. Client surplus allows consumers to purchase a much wider preference of goods.
The customer surplus refers back to the difference between what a consumer is inclined to pay and what they paid for a product. The manufacturer surplus is the difference between the marketplace rate and the bottom fee a manufacturer is willing to just accept to supply an awesome.
Learn more about consumer surplus here brainly.com/question/380921
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