A seasonal manufacturing operation began the calendar year with 14 employees. During the year, employees were hired
Question:
What was the average number of employees on the payroll during the calendar year?
(Assume that each month has the same length.)
Transcribed Image Text:
Date Employee changes April 1 May 1 June 1 September l October 1 7 hired 8 hired 11 hired 6 laid off 14 laid off
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (19 reviews)
We want the average number of people working over the cour...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
A consumer electronics company was formed to develop cell phones that run on or are recharged by fuel cells. The company purchased a warehouse and converted it into a manufacturing plant for...
-
Netherby plc manufactures a range of camping and leisure equipment, including tents. It is currently experiencing severe quality control problems at its existing fully depreciated factory in the...
-
A consumer electronics company was formed to sell a portable handset system. The company purchased a warehouse and converted it into a manufacturing plant for $2,000,000 (including the purchase price...
-
On 1 May 2006, Nigel acquired a 30-year lease for 20,000. He assigned the lease on 1 November 2020 for 75,000. Kay purchased land in February 2012 for 20,000. She sold one-third of the land for...
-
Which method for determining the outstanding balance on a revolving credit account is likely to determine the lowest outstanding balance? Which method is likely to determine the highest outstanding...
-
Why is it important that mountain climbers wear sunglasses and apply sunblock even when the temperature is below freezing?
-
Consider the fuel consumption data in Table B.18. For the purposes of this exercise, ignore regressor $x_{1}$. Perform a thorough residual analysis of these data. What conclusions do you draw from...
-
Jay Seago is suing the manufacturer of his car for $3.5 million because of a defect that he believes caused him to have an accident. The accident kept him out of work for a year. The company has...
-
Hide Assignment Information Instructions Week 2 Assignment: Applying Water Balance Water balance is a very important concept in water resource management, since determining the water balance (also...
-
Most common amines (RNH 2 ) exhibit pK a values between 35 and 45. R represents the rest of the compound (generally carbon and hydrogen atoms). However, when R is a cyano group, the pK a is found to...
-
The balance on Nucorps revolving loan began the month at $35,000. On the eighth of the month another $10,000 was borrowed. Nucorp was able to repay $20,000 on the twenty-fifth of the 31-day month....
-
Marcel must temporarily invest extra money in his retail business every fall to purchase additional inventory for the Christmas season. On September 1, he already had a total of $57,000 invested in...
-
Calculate the solubility of silver chloride in a solution that is 0.100 M in NH 3 .
-
Explain how this arrangement might have influenced New Zealands long-run Phillips curve. The Reserve Bank of New Zealand signed an agreement with the New Zealand government in which the Bank agreed...
-
Employees at a corporate call center have not been spending enough time at their cubicles answering phones, as required. Instead, theyve been walking throughout the facility, talking to each other...
-
What is the role of the Nuclear Regulatory Commission?
-
The employees in a companys phone center are not paying any attention to new procedures for taking orders from clients. They are following the old procedures, which they prefer, and avoiding the...
-
Craybaugh worked as a research scientist for National R e search Industries, Inc. While conducting a field experiment involving a new solar energy converter, something went amiss and the converter...
-
For two pulleys connected by a belt, the relation holds, where d is the diameter of the pulley and n is the number of revolutions per unit time it makes. Find n 2 if d 1 = 4.60 in., d 2 = 8.30 in.,...
-
Frontland Advertising creates, plans, and handles advertising campaigns in a three-state area. Recently, Frontland had to replace an inexperienced office worker in charge of bookkeeping because of...
-
The following fractions and mixed numbers have repeating decimal equivalent forms. Express their decimal and percent equivalent forms in the repeating decimal notation. Show just the minimum number...
-
As of January 1, Rheal had already invested $172,000 in her business. On April 1 she invested another $12,000. Rheal withdrew $15,000 on June 1 and withdrew another $5000 on August 1. Rounded to the...
-
Evaluate each of the following. 3(6 + 4) 2 - 5(17 - 20) 2
-
Please discuss echo of this topic with hundred words at list pleas. Its UNIX and Linux operating systems Discuss on (Unix File System and Directory Navigation) Discuss on (Importance of the shell...
-
How do Windows and Unix systems save settings?
-
Two charges, QA=-6.10 C and QB-4.15 C are placed a distance d=1.50 cm from each other. What is the electric potential energy of this system of charges? Provide your answer in joules with 2 decimal...
Study smarter with the SolutionInn App