9-What is perhaps the most common approach to meeting short-term fluctuations in work volume? overtime Subcontracting . Temporary employees. Employee leasing .
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9-What is perhaps the most common approach to meeting short-term fluctuations in work volume?
- overtime
- Subcontracting .
- Temporary employees.
- Employee leasing .
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- Which one of the following has no impact on the expected productive hours of an employee? A. Vacation leave B. Weekends C. Public Holidays D. Overtime14. An example of labor-related costs is: a. fringe benefits b. factory labor c. bonus pay d. operating expense 15. Wages in excess of the regular rate paid for work after normal closing time is: a. Vacation and holiday pay b. Pension pay c. Overtime premium d. Regular wage 16. If the job is taken as a rush order with the knowledge that overtime will be necessary, the overtime premium should be charged to: a. General expense b. Factory overhead c. Specific job d. Selling expense 17. If the overtime premium is charge to specific job, it should be debited to: a. Work in process account b. General expense account c. Manufacturing overhead account d. Selling expense account1.If an employee works two jobs at two different wage rates for the same employer during the same pay week, any overtime pay must be calculated by using an overtime hourly rate of: a.one and one-half the lower of the two wage rates. b.one-half of the higher of the two wage rates. c.one-half of the two rates combined. d.one and one-half the higher of the two wage rates. e.None of these choices are correct. 2.Rest periods and coffee breaks may be required by all of the following except: a.a municipal legislation. b.a state legislation. c.a union contract. d.the FLSA. e.None of these choices are correct. 3.The FICA tax rates for the self-employed are: a.6.2% (OASDI) and 2.9% (HI). b.6.2% (OASDI) and 1.45% (HI). c.12.4% (OASDI) and 1.45% (HI). d.10.0% (OASDI) and 1.0% (HI). e.None of these choices are correct. 4.If the employer has made timely deposits that pay the FUTA tax liability in full, the filing of Form 940 can be delayed until: a.February 10. b.February 1.…
- . Explain how to calculate the overtime hourly rate for employees who are paid biweekly. 2. How is overtime pay calculated for a nonexempt employee who works on fluctuating schedules and is paid a fixed salary?13. "At a plant where a union agreement sets annual salaries and conditions, annual labor costs usually:" are considered a fixed cost are considered a variable cost depend on the scheduling of floor workers depend on the scheduling of production runs..........caused by unemployment is unemployment caused by ......... and ...... unemployment caused bu .......... (QUEATİON MAY HAVE MORE THAN ONE CORRECT ANSWER.) a.structural / efficiency / frictional / inefficiency b.frictional / unemployment insurance / structural / minimum wage legislation c.frictional / the time it takes workers to search for a job / structural / wage rigidity d.structural/ wage rigidity / frictional the time it takes workers to search for a job e. frictional / efficiency / structural /inefficiency
- 21 - Which of the statements given about the wage concepts defined in the labor law is incorrect? a) A time-based fee is usually charged in hotels, restaurants, entertainment venues, and similar venues that serve drinks and sell a variety of food to be eaten and drunk right there. B) Commission fee is the money paid to an employee working under an employment contract in accordance with the value of his work, usually according to a certain percentage. NS) The bonus can be expressed as the additional wage paid to the worker in order to reward the work he has done individually or in the group by making great effort. D) In addition to the main wage, the bonus may be specified as a special wage given to the worker on some occasions such as New Year's Eve and the end of the working year. TO) Giving a share of the profit is the distribution of wages at a certain rate of the profit, in addition to the…4. Sam Tully works two separate jobs for Mountain Company. During the week, Job A consisted of 38 hours at $20 per hour; Job B involved 15 hours at $14 per hour.What is Sam’s total earnings for this workweek if Mountain Company uses the average rate basis for calculating overtime?A. What is the cost per minute for activities in Personnel? B. What is the cost of interviewing and hiring one employee? C. How many minutes of unused capacity did Personnel have for the year? D. What was the cost of the unused capacity in Personnel?
- PROBLEM 5 Stacy Forvour is a salaried employee who works fluctuating workweeks. She is paid $680 per workweek. This week, she worked 46 hours. Forvour’s total gross pay if her employer uses the special half-rate (based on total hours worked) for overtime pay is#6: Why does management need to know the cost of a job? Discuss at least 5 reasons.#8: Describe a situation that may cause manufacturing overhead to be over allocated in a given year.Also, describe a situation that may cause manufacturing overhead to be under allocated in a given year.63. Overtime wages, including overtime premium paid to direct laborer, if overtime was due to customer specifications, should be: a• Debited to WIP b• Debited to WIP and OH c• Debited to OH d• Expenses e• None of the above
