Reverse mentoring is a process in which the older employees learn from the younger ones
Indicate whether this statement is true or false.
Answer: TRUE
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Bell's Shop can make 1,000 units of a necessary component with the following costs:
Direct Materials $24,000 Direct Labor 6,000 Variable Overhead 3,000 Fixed Overhead ? The company can purchase the 1,000 units externally for $39,000. The unavoidable fixed costs are $2,000 if the units are purchased externally. An analysis shows that at this external price, the company is indifferent between making or buying the part. What are the fixed overhead costs of making the component? a) $8,000 b) $6,000 c) $4,000 d) Cannot be determined
The employer is responsible for which of the following payroll taxes?
A. 6.2% FICA--OASDI tax B. 1.45% FICA--Medicare tax C. Federal and state unemployment taxes D. All of the above