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2 years ago

If the capital stock while the supply of labor , it is likely that the productivity of labor will fall.

1 answer:

5 0

If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.

<h3>What is Labor productivity?</h3>

Labor productivity is use to measure the output of a labour based on hourly basis.

Labor productivity is usually determined by the amount of Capital that is investment. This include technological and human capital.

Therefore, If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.

Learn more on productivity here,

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Answer:

See below

Explanation:

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Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are i

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Answer and Explanation:

The computation is shown below:

1. Calculation of the equivalent units

<u>Particulars Physical units % Material % Conversion cost</u>

Units transferred

out 900 100% 900 100% 900

Ending

work in process 600 100% 600 40% 240

Equivalent

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2. Cost per equivalent unit is

Particulars Material Conversion cost

Beginning

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Total cost $3,150 $3,420

Divided by

Equivalent

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Cost per

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3. Transferred out cost is

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And, the ending work in process cost is

= (600 ×$2.1) + (240 × $3)

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Beginning work in process $1,350

Cost during period $5,220

Total cost accounted for $6,570

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Ending work in process $1,960

Total cost accounted as $6,570

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If the capital stock ________ while the supply of labor ________, it is likely that the productivity of labor will fall.

If the capital stock while the supply of labor , it is likely that the productivity of labor will fall.