Which of the following would NOT affect your FICO score?

A merit rating system for SUTA means A. FUTA will increase. B. state rates will always be lower. C. rate varies with

grin007 [14]

Answer

C. Rate varies with employment record.

Explanation

SUTA is a merit rating system which gives scores to employers according to their employee turnover and stability of jobs offered. This score can be utilized by the government during levying for unemployment taxes on recruiters/job givers. A firm that has low ratings pay lower unemployment taxes.The rate is different in every company due to different employment records where some companies have high employment turnover where others are not stable in their employment chances.

3 0

3 years ago

Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.80 per hour for the labor rate. During October,

IRISSAK [1]

Answer:

October

direct labor rate variance =$2,420 unfavorable

direct labor efficiency variance =$11,060 favorable

direct labor cost variance = $ 8,640 favorable

<em>Investigate : direct labor efficiency variance</em>

November

direct labor rate variance = $4,025 unfavorable

direct labor efficiency variance =$ 39,500 favorable

direct labor cost variance = $35,475 favorable

<em>Investigate : direct labor efficiency variance</em>

Explanation:

October

direct labor rate variance = (Aq × Ap) - (Aq × Sp)

= (12,100×$16) - (12,100×$15.80)

=$2,420 unfavorable

direct labor efficiency variance = (Aq × Sp) - (Sq × Sp)

=(12,100 × $15.80) - (6,400×2 ×$15.80)

=$11,060 favorable

direct labor cost variance = direct labor rate variance + direct labor efficiency variance

= $2,420 (A) + $11,060 (F)

= $ 8,640 favorable

November

direct labor rate variance = (Aq × Ap) - (Aq × Sp)

= (16,100×$16.05) - (16,100×$15.80)

= $4,025 unfavorable

direct labor efficiency variance = (Aq × Sp) - (Sq × Sp)

=(16,100 × $15.80) - (6,800×2 ×$15.80)

=$ 39,500 favorable

direct labor cost variance = direct labor rate variance + direct labor efficiency variance

= $4,025 (A) + $ 39,500 (F)

= $35,475 favorable

5 0

3 years ago

For the following activity, indicate which of the objectives of managerial accounting activity is involved. In some cases, sever

Sladkaya [172]

Answer:

c. Motivating managers and other employees toward the organization's goals.

Explanation:

8 0

3 years ago

OB Mod stands for: A. Organization Behavior Modification B. Organization Betterment Management C. Organization Behavioral Modera

hoa [83]

Answer: A. Organization Behavior Modification

Explanation: OB Mod stands for Organization Behavior Modification.

It is a performance management type wherein managers try to increase the power of wages and benefits by trying them directly to certain types of performance. They (managers) identify performance-related employee behaviours and then implement an intervention strategies to strengthen desirable performance behaviours and weaken undesirable behaviour. OB Mod represents application of reinforcement theory to individuals in the work setting.

5 0

3 years ago

If the required reserve ratio is 2.50 percent, what is the monetary multiplier? if the monetary multiplier is 5, what is the req

ludmilkaskok [199]

If the required reserve ratio is 2.50 percent, the monetary multiplier is 40.

The money multiplier gives us the ratio of deposits to reserves (i.e. 1/R). That means, if the reserve ratio is 2.50% (i.e. 0.025), the money multiplier is 40 (i.e. 1/0.025). Thus, an initial deposit of USD 1,000 will end up creating a total of USD 40,000 in new money.

If the monetary multiplier is 5, the required reserve ratio is 20%.

Playing with the original multiplier formula, we can derive that R=1/m (m is money multiplier). If the money multiplier is 5, then the reserve ratio is 20% (i.e. 1/5 or 0.20).

8 0

3 years ago