Questions
In US, the natural rate of unemployment rose while union membership kept falling from 1950 to...

In US, the natural rate of unemployment rose while union membership kept falling from 1950 to 1980. Thus it seems that unions’ bargaining power is not the only cause of structural unemployment.

True

False

In: Economics

A ball thrown straight up into the air is found to be moving at 7.24 m/s...

A ball thrown straight up into the air is found to be moving at 7.24 m/s after falling 2.27 m below its release point. Find the ball's initial speed. Thank you.

In: Physics

3- Sectoral Shifts in supply and demand of labor it takes time for people to acquire...

3- Sectoral Shifts in supply and demand of labor it takes time for people to acquire new skills for the new jobs available in the market. What types of jobs are rising and falling in demand in the US, recently?

In: Economics

2. The stock of Healthy Eating, Inc., has a beta of .88. The risk-free rate is...

2. The stock of Healthy Eating, Inc., has a beta of .88. The risk-free rate is 3.8 percent and the market return is 9.6 percent. What is the expected return on Healthy Eating's stock?

In: Finance

A 120 g mass on a 2.8-m-long string is pulled 6.3 degrees to one side and...

A 120 g mass on a 2.8-m-long string is pulled 6.3 degrees to one side and released.

How long does it take for the pendulum to reach 3.8 degrees on the opposite side?

In: Physics

Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.9%...

Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.9% paid semiannually and 13 years to maturity. The yield to maturity is 3.8%. What is the price of the bond?

In: Accounting

The next two questions relate to the dynamic model: health today influences income today, which in...

The next two questions relate to the dynamic model: health today influences income today, which in turn influences health tomorrow.

Describe how the relationship between health today and health tomorrow might take on an S shape. In particular, explain why health could be a) increasing over time when the initial level is very low, b) falling over time when the initial level is low, c) rising over time when the initial level is moderate, and d) falling again when the initial level is high.

Explain how this relationship creates a poverty trap. That is, why is it difficult for someone with initially poor health to reach good health in the long run?

In: Economics

State which limitation of monetary policy best describes the following circumstances. That is, does it cause...

State which limitation of monetary policy best describes the following circumstances. That is, does it cause a recognition lag, an implementation lag, or an impact lag.

A) A firm puts off purchasing a new building until it's sure long run interest rates will react to a cut in the Federal Funds rate.

B) A recession begins due to falling business optimism and falling planned investment but the Fed isn't monitoring investors sentiment very closely and doesn't know about the recession.

C) The FOMC meets but can't come to a conclusion as to what the proper course of action should be.

D) A bubble forms in the stock market setting up the stage for a crash but the Fed isn't able to tell the market is overvalued.

In: Economics

1. Which of the following statement is true? A. AVC = TC/Q B. MC equals the...

1. Which of the following statement is true?
A. AVC = TC/Q
B. MC equals the change in ATC divided by the change in Q.
C. TFC = TC- TVC
D. TC = TFC- TVC

2. If the marginal cost o the 5,000 unit is $0.06 an the average total cost of the 5,000 unit is $0.10;
A. Average variable cost is falling
B. Average total cost is falling
C. Total cost I falling
D. Average fixed cost is rising

3. If the marginal cost of the 10th unit o output is $15 and the average total cost o the 10th unit of output is $15,
A. Average total cost is increasing at 10 units of output
B. Average total cost is decreasing at 10 units of output
C. Average total cost is minimized at 10 unit of output
D. Average total cost is maximized at 10 units o output

4. Implicit cost are:
A. The opportunity cost of using resources owned by the entrepreneur in his/her own business.
B. Those payments the business owner makes in cash
C. Payments the business owner must make on borrowed founds
D. Cost which vary as the level of output varies

In: Economics

The Production Department of Hruska Corporation has submitted the following forecast of units to be produced...


The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year:

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

Units to be produced

11,900

10,900

12,900

13,900

Each unit requires 0.20 direct labor-hours and direct laborers are paid $15.00 per hour.

In addition, the variable manufacturing overhead rate is $1.50 per direct labor-hour. The fixed manufacturing overhead is $99,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $39,000 per quarter.


Required:

1. Prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (Round "Direct labor time per unit (hours)" and "Direct labor cost per hour" answers to 2 decimal places.)

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

Year

Required Production in units

Direct labor time per unit (hours)

Total direct labor hours needed

Direct labor cost per hour

Total direct labor cost


2. Prepare the company’s manufacturing overhead budget.

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

Year

Variable manufacturing overhead

Fixed Manufactoring Overhead

Total manufacturing overhead

Less depreciation

Cash disbursements for manufacturing overhead

In: Accounting