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3 years ago

What is demotion and employee separation and termination and give example and advantages

Business

1 answer:

Dmitry_Shevchenko [17]3 years ago

3 0

Answer:

Reduced expenses: One of the most practical benefits of demoting an employee is the reduction in the pay you will have to give them. In cases where the company has to cut costs or where the employee is simply not generating enough value to justify their salary, you can demote them to reduce expenses.

Explanation:

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The manager of the main laboratory facility at Center is interested in being able to predict the overhead costs each month for t

quester [9]

Answer:

Total cost formula= 6,388 + 6.76x

Explanation:

Giving the following information:

Month Number of Lab test performed Test Laboratory overhead cost

January 2,800 $21,500

February 2,600 $22,700

March 3,100 $27,900

April 3,550 $31,400

May 3,700 $28,500

June 1,200 $19,500

July 1,400 $14,500

To calculate the variable and fixed cost, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (31,400 - 14,500) / (3,700 - 1,200)

Variable cost per unit= $6.76

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 31,400 - (6.76*3,700)

Fixed costs= $6,388

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 14,500 - (6.76*1,200)

Fixed costs= $6,388

Total cost formula= 6,388 + 6.76x

8 0

3 years ago

Stanley's Bicycles store buys bicycles on average for $600 and sells them on average for $800. He pays a sales commission of 15%

Lelechka [254]

Answer:

Net Income 5,100

Explanation:

Sales Revenue 150x800 = 120,000

Cost of goods sold 150x600=90,000

Gross Profit 30,000

Rent expense 1900

selling expense 23,000 (120,000 x 15% + 5000)

Tota expenses 24,900

Operation Income 5,100

Under a traditional income statment, the selling expense will be period cost, They will be subtracted form the gross profit entirely.

4 0

3 years ago

Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.75%. Economy Fund charges a front-end load of 2%, b

yaroslaw [1]

Answer:

Let's presume $100 to be a hypothetical investment.

The final amount of the investment will be equivalent to I [ 1-front-end load ] [ 1 + r-true expense ratio]T Loaded-Up: the 12b-1 operating expense charge will be added to the actual expense ratio: expense ratio + (12b-1 fee) = 1% + 0.75% = 1.75%.

Therefore with that in mind.

a. Year 1 = $100 (1 + 0.06 - 0.0175) = $104.25 b. Year 3 = $100 (1 + 0.06 - 0.0175)3 = $113.30 c. Year 10 = $100 (1 + 0.06 - 0.0175)10 = $151.62

Economy fund:

a. Year 1 = $100 0.98 (1 + 0.06 - 0.0025) = $103.64 b. Year 3 = $100 0.98 (1 + 0.06 - 0.0025)3 = $115.90 c. Year 10 = $100 0.98 (1 + 0.06 - 0.0025)10 = $171.41

4 0

3 years ago

Which statement is true about risk-based financing?

tino4ka555 [31]

Risk-based financing is a way that lenders determine your interest rate for a loan based on how likely you are to repay that loan.

5 0

3 years ago

Assume a consumer is spending all her income on two goods: X and Y. At the current consumption combination of the two goods, if

xeze [42]

Answer:

The customer should buy more of good X.

Explanation:

Marginal utility is the additional satisfaction derived from spending an additional unit of money on a commodity.

In the scenario above, since more additional satisfaction is derived from purchasing good X than it is derived from purchasing good Y, then more of good X should be purchased, because this is clearly the commodity that offers more satisfaction.

Therefore, in order for utility to be maximized, more money should be spent on more of good X.

7 0

3 years ago

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