Suppose that an accounting firm with 10 employees hires another accountant. Bydoing so, it goes from serving 30 customers each week to serving 32 customerseach week. What is the marginal product of labor for the new accountant?
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Suppose that an accounting firm with 10 employees hires another accountant. By
doing so, it goes from serving 30 customers each week to serving 32 customers
each week. What is the marginal product of labor for the new accountant?
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- Amy Andrews is a CPA who works as a managerial accounting consultant for a variety of firms. To determine her hourly rate, Amy uses a cost-plus pricing system, which she updates each year. The hourly cost of her assistant (including taxes and benefits) is $18, the hourly cost of her office space is $3, the hourly cost of her marketing and other overhead materials is $5, and Amy's own hourly salary (again, including taxes and benefits) is $84. Amy adds a 30% premium to her costs. What is her hourly rate using a cost-plus pricing strategy? 1:02 Multiple Choice $115 $143 $110 $140 Mc Graw MacBook Pro %23 %24 & 2 3 4 6 7 8. R. Y P D H J K V N mmand command option O O OAmy Andrews is a CPA who works as a managerial accounting consultant for a variety of firms. To determine her hourly rate, Amy uses a cost-plus pricing system, which she updates each year. The hourly cost of her assistant (including taxes and benefits) is $18, the hourly cost of her office space is $3, the hourly cost of her marketing and other overhead materials is $5, and Amy's own hourly salary (again, including taxes and benefits) is $84. Amy adds a 30% premium to her costs. What is her hourly rate using a cost-plus pricing strategy?List the types of costs incurred when employees are laid off. What costs are difficult to estimate in monetary terms? Suppose that a firm is facing a downturn in business, each employee has skills valued at $40,000 per year, and it costs $100,000 to lay off an employee. If business is expected to improve in one year, are layoffs financially justified? What is the “payback” period for the layoff decision?
- Rocky is considering a new job that pays $12 per hour for a company subject to the Fair Labor Standards Act. How much can he expect to make for the year if he were to work an average of 42 hours per week? Assume that there are 52 weeks in a year. Give typing answer with explanation and conclusionA foreman supervises A, B, and five other employees. The foreman states that he spends twice as much time supervising A and half as much time supervising B, compared with the average time spent supervising his other subordinates. All employees have the same production rate. On the basis of equal cost per unit production, what monthly salary is justified for B if the foreman gets $4,000 per month and A gets $2,300 per month? Choose the correct answer below. A. Employee B salary=$2,067 B. Employee B salary=$3,633. C. Employee B salary=$3,100. D. Employee B salary=$2,300. E. Employee B salary=$4,000.Rate per hour = $1.50 per hour Time allowed for job = 20 hours Time taken = 15 hours.Calculate the total earnings of the worker under the Halsey Plan. Also find out effective rate of earnings.
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