A local business owner is considering adding another employee to his staff in an effort to increase the number of hours that the store is open per day
If the employee will cost the owner $4,000 per month and the store takes in $50/hour in revenue with variable costs of $15/hour, how many hours must the new employee work for the owner to break even?
BEP = 4000/(50 - 15 ) = 114.3 hours
Business
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ABC Corporation posts an article about its top salesperson every month in its internal newsletter. Annually it posts an ad in the trade magazine about its best salesperson for the year. This is an example of:
A) personal recognition.
B) compensation.
C) a stock plan.
D) a bonus plan.
B) compensation.
C) a stock plan.
D) a bonus plan.
Business
Joint costs occur after the split-off point in a production process
Indicate whether the statement is true or false
Business