Answer and Explanation:
The computation is shown below:
a. The expected value of payout arise from emergency is
= 0.01 × $67,500
= $675
b. The expected value of payout arise from capped coverage insuance is
= (0.9 × $500) + (0.09 × $2,500)
= $675
c. The risk averse shows the minimum exposure with respect to the swings of the income or there would be the loss in the income. Since the payout amount is same in both the cases so here we considered option B
Answer:
$600
Explanation:
The computation of the total manufacturing overhead allocated is
= Assembly department + sanding department
where,
Assembly department = Departmental overhead rate × machine hour
= $60 × 9
= $540
And, the sanding department is
= Departmental overhead rate × direct labor hour
= $15 × 4
= $60
So, the total manufacturing overhead allocated is
= $540 + $60
= $600
The statement that An employer cannot discharge a worker who, in good faith, refuses to work in a high-risk area if bodily harm or death might result is True.
<h3>Who is an employer?</h3>
An employer can be described as a person, company, or organization that employs people and they pay this people for their work however the people who are paid to work are called employees.
It should be noted that employer cannot discharge a worker that possses good faith, that claim that he can not work in a high-risk area which could bring about bodily harm or death .
Learn more about employer at:
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TRUE /FALSE an employer cannot discharge a worker who, in good faith, refuses to work in a high-risk area if bodily harm or death might result.
Answer:
Management Team and Organizational Structure
