Discuss briefly other significant economic factors such as but not limited to labor & fringe benefits, insurance, and profit.
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Discuss briefly other significant economic factors such as but not limited to labor &
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- As per the law, employers do not have to provide which of the following benefits? A. Canadian pension plan, Employment insurance B. Life Insurance, dental insurance, and eye glass coverage, C. Retirement plan, Profit sharing and tuition reimbursement D. Both B and C.Use the percentage method of income tax calculation to complete the payroll roster (in $). David Grange is married and claims 4 withholding allowances. If he is paid biweekly and earns $1,844 per period, use the percentage method to find his income tax withholding each pay period.Sub- Management How can optimization models be used to maximize profits and minimize costs for businesses?
- Consider a small island country whose only industry is fishing. The following table shows information about the small economy in two different years. Complete the table by calculating physical capital per worker as well as labor productivity. Year Physical Capital (Fishing poles) Labor Force (Workers) Physical Capital per Worker (Fishing poles) Labor Hours (Hours) Output (Fish) Labor Productivity (Fish per hour of labor) 2016 160 40 2,000 20,000 2017 180 60 3,900 29,250 Based on your calculations, (a. an increase, b. a decrease) in physical capital per worker from 2016 to 2017 is associated with (a. an increase, b. a decrease) in labor productivity from 2016 to 2017. Suppose you're in charge of establishing economic policy for this small island country. Which of the following policies would lead to greater productivity in the fishing industry? Check all that apply. ___ Subsidizing research and development into new…In today’s fast-paced world, new laws and technologies come along that can change the way a business operates and its costs structure. Recently, Valley Farms restaurant’s costs went up because of a new higher minimum wage in their area. They decide to raise their average meal ticket price, from $14–16, to cover the higher cost. Their variable costs are 60% of the selling price, and their fixed costs are $10,000 per month. Share some of the non-monetary factors to consider before raising a selling price.Mishap has a gross income of $43,360. She owns a condominium and donates to charity, but there's no way her tax deductible expenses come close to the standard deduction of $12,000. During a cold snap in the winter she donates an extra $500 to the local homeless shelter, a registered charity. How much will this donation save her on her taxes?
- Required The following is a list of websites for a number of companies. Briefly describe each companyand indicate whether it is more likely to use job costing or process costing. Explain why in each case. Alsoexplain why you think each company (a) is or is not a global company and (b) has significant environmentalissues in its operations.1. New Century Software Inc. at www.newcenturysoftware.com.2. FedEx Office at www.fedex.com.3. TXI Cement (TXI) at www.txi.com.4. Paramount Pictures at www.paramount.com.5. Coca-Cola at www.coca-cola.comStandard Direct Labor Wage Rate and Direct Labor Efficiency Variance Informationregarding Maxwell’s direct labor cost for the month of January follows:Direct labor hourly rate paid $28.50Total standard direct labor hours for units produced this period 11,000Direct labor hours actually worked 10,800Direct labor rate variance $16,000 favorableRequired Compute the following:1. Standard direct labor wage rate per hour, rounded to 2 decimal places, in January.2. Direct labor efficiency variance for January; round your answer to the nearest whole dollar. Was thisvariance favorable (F) or unfavorable (U)?NEED ASAP 1. A real estate agent earns 2.4% commission on the sale of a house period at Php 899500. What is his take-home pay that day?
- 1. The RitePak company produces packing boxes for the food industry. Old production system allowed the company to make 600 boxes per day (in one 8-hour shift). The company has recently introduced a new production system and conducted appropriate job training, so that production levels have increased to 750 boxes per day (in one 8-hour shift). Labor costs remain the same and average $120 per day for each of the 5 full-time workers. Capital costs were previously $3,000 per day, and increased to $3,200 per day with the new equipment. Energy costs were unchanged at $700 per day. Please compute the firm’s labor productivity and multifactor productivity before and after the changes. Write your final answer in the table below. Show work, and use 2-decimal accuracy when necessary. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.The year 2020 has been very tough economically and mentally for everyone. The business of ABC limited has been affected severely due to COVID. The exports have been slashed, and local sales have also seen a decline in numbers. While private organizations have downsized their employees, ABC Limited's management has made every possible effort to retain its workforce, yet curtailing its expenditures. In this regard, the board of directors has proposed that this year no bonus and increment in salary be given. RequirementDraft a letter to all the employees of ABC limited, informing them about this decision. Use the indirect approach of bad news writing. Assume other necessary details.For a business to be organized, it must combine four types of resources: workers, naturalresources, capital, and ownership.True or False