company’s present employees and equipment can produce all five products. b. The direct labor rate of $8 per hour is expected to remain unchanged during the coming year. c. Fixed costs total $520‚000 per year. Variable overhead costs are $2 per direct labor-hour. d. All of the company’s nonmanufacturing costs are fixed. e. The company’s finished goods inventory is negligible and can be ignored. Required: 1. Determine the contribution margin per direct labor-hour expended on each product
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1. Labor Demand curve for Perfect Competition and Labor Demand for Labor for Imperfect Competition * Table 1.1 Demand for Labor: Firm selling in a Perfectly Competitive Product Market Units of Labor | TP | MP | Product Price‚ P | Total Revenue‚ TR | MRP (TR/L) | VMP (MP*P) | 4 | 16 | | $2 | $32 | | | 5 | 28 | 12 | 2 | 56 | $24 | $24 | 6 | 37 | 9 | 2 | 74 | 18 | 18 | 7 | 43 | 6 | 2 | 86 | 12 | 12 | 8 | 46 | 3 | 2 | 92 | 6 | 6 | 9 | 48 | 2 | 2 | 96 | 4 | 4 | * X- Axis
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------------------------------------------------- ethics: finals Essay Female Genital Mutilation & Female Genital Circumcision July 22‚ 2013 Philosophy 1110 I am here to discuss a sensitive topic and this sensitive topic has touched a plethora of countries across the global. Female genital circumcision and female genital mutilation is procedure that many countries practice. Some of the countries that practice FGM and FGC consist of Malaysia‚ Pakistan‚ India‚ Australia‚ Canada and the
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LABOUR RELATIONS PART A After taking the questionnaire‚ I discovered that the survey thought I was a collaborative type. This does not surprise me at all because I have always been collaborative. Rather than face challenges as individuals‚ working alone on fixing huge problems‚ I would rather be working as a group‚ taking ideas from others whilst providing my own. In regards to conflict resolution‚ I always think that there are always sides to the story which I have not heard which are contributing
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Why cutting weight can be good and bad for you In high school‚ he wrestled varsity at 98 pounds his freshman year and at 105 pounds as a sophomore. He didn’t have to cut weight either year. In his junior year‚ he weighed 140 pounds before the start of the season. Although he was determined to wrestle varsity again‚ he couldn’t beat any of the number one wrestlers within 20 pounds of his weight. he thought my only alternative was to drop to 112 pounds. He decided to go for it. His days of carefree
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aid‚ shopkeeper’s assistant‚ stone breaking‚ book binding‚ in fact in every house hold industry. Causes of Child Labor Now what is the background of engaging child labor‚ To have or increase the income of a poor family To reduce the labor cost in a production organization Misc. reasons for engaging as domestic aid as the children are less doubtful about dishonesty or less liable to misbehave or be violent. In a developed society where every citizen counts and all citizens have to have
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Public Distribution System in India Public Distribution System in India1 Abstract : Public Distribution System is one of the important elements of Government’s Foods Security System. Through PDS goverment facilitates the supply of food grains to the poor at subsidized rates. PDS involves management of supply of essential commodities at affordable prices to the identified beneficuaries. It also works as instrument for moderating the open market prices of food. Introduction: Food security at each
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Health Effects of Weight Cutting on an Athlete A Class Paper Submitted for SAD 356 Sports Nutrition Professor: Wirt Edwards by: Nikhil Vashist Daphne‚ Alabama May‚ 2013 Weight cutting is an old and traditional practice many athletes and coaches implement as part of a pre-competition regime‚ making weight for a competition‚ or simply trying to attempt to lose weight for a variety of personal reasons. Weight cutting would be defined as an athlete
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Volkswagen Diesel Scandal – Dieselgate Summary Volkswagen is a German Automotive giant established back in ‘30s which has over hundred production facilities across 27 countries around the world. In 2016 VW became the largest automaker by overtaking long leading Toyota with 10.3 million vehicles. It currently controls many other brands such as Audi‚ Bentley‚ Bugatti‚ Lamborghini‚ Porsche‚ Seat‚ Skoda‚ Ducati‚ MAN and Scania operating in different segments. Volkswagen pioneered
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Sociology report Child Labor Assigned by Dr. Javed Husain Group: Abdullah Hashmi (18016) Dedication: I would like to dedicate this report to our parents. Without their love‚ efforts and support I had not been able to become what I am right now. They have supported me all the way from beginning. They had been the great source of motivation and inspiration. Letter of acknowledgement: This is to acknowledge that the research I conducted‚ under the supervision of “Dr. Javed Hussain”
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