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If setup activity costs are $360,000, number of setups is 1,800, direct labor hours are 60,000, and machine hours are 36,000, then the setup activity cost driver rate, using the best cost driver fo
Assume that the airplane can be purchased from an outside supplier. What is the relevant unit cost for this make-or-buy decision.
What implications on labour did 1. free agency and 2. the salary cap have on pro sports. What books can I use to help write an essay on this.
Her wage rate is $8 per hour nad she has 15 hours per day to allocate between labor and leisure.
The businesses I have considered may be situations of just shifting the spending power among the competing sectors. Does anyone have any thoughts.
Explain the difference between the law of diminishing marginal returns and the law of diminishing marginal rate of technical substitution.
Additionally, executive pay in the U.S. is about 20 times higher than it is in European countries. Explain three theories about CEO pay.
If increased will it help or hurt small businesses. Is your employer affected by increases in the minimum wage. In what way is your employer affected by minimum wage increases.
The president of a small firm has been complaining to his controller about rising labor and material costs. However, the controller notes that average costs have not increased during the past year.
Plot the production function and the APL and MPL on two graphs. Suppose the price of a basic car wash is $5. How many people should be hired if each worker is paid $6 per hour.
Assume she receives a weekly stipend from her parents worth $1000. use an indifference map and budget line to depict a situation where she does not work. Show the reservation wage on the graph.
Marlene will live for four more time periods. In the current period, she has the option of attending college. If she does, she pays 40,000 in direct costs for the period.
what is the minimum earnings necessary to induce her to move to northern Virginia. Assume a .10 discount rate.
Explain how you would use the rest of the information above to better assess the impact of the influx of immigrants. Discuss any problems or dubious assumptions of your procedure in (c).
What is the average number of efficiency units among immigrants. Is the immigrant flow positively or negatively selected.
Would the worker accept a $15 wage offer. Would anything change if unemployment benefits were reduced such that the y-intercept of the MC curve increased four-fold. Show graphically.
Assuming that labor accounts for 80% of country Y's gross domestic product, calculate immigrant surplus as a share of national income.
the weekly relationship between output and number of workers for a factory with a fixed size of plant. Calculate the marginal product of labor.
According to the delayed payment compensation model, would workers at smaller firms have flatter or steeper age-earnings. Explain how an empirical test of this argument would be problematic.
What happens if there is an increase in demand that increases the price of the firm's product by 10%. What is there is an increase in demand that increases the price of the product by 20%.
What is the unit product cost for the month under absorption costing. Prepare an income statement for the month using the contribution format and the variable costing method.
How has the introduction of females and minorities in the corporate structure impacted the supply of labor and the economy.
What is the estimated size of the union wage advantage. How might this advantage diminish the efficiency with which labor resources are allocated.
Full costing and variable costing. Calculate net income using full costing and calculate net income using variable costing.
What is the labor variance for the month. What is the labor efficiency rate for the month. Labour Variances & Labour Efficiency.