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Arte-miy333 [17]
2 years ago
15

What is one reason that firms partner with communities to increase economic development?.

Business
1 answer:
AURORKA [14]2 years ago
6 0

Firms collaborate with communities to increase economic development for a variety of reasons, including the development of workplace skills.

What is  economic development?

Programs, methods, plans, policies, and actions that raise the standard of living in a country are referred to as "economic development."

The development of workplace skills contributes to economic growth by enhancing an employee's efficiency and working style. With the use of new technology, the firm has rapidly grown.

As a result, development of workplace skills to increase economic development.

Learn more about on economic development, here:

brainly.com/question/12732118

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Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 37,700
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Answer:

The materials equivalent units is 37,700

Conversion costs equivalent units is 32,480

Explanation:

The equivalent units of production for materials can be computed thus:

Description                   quantity           % of completion    Equivalent units

Completed units            29000              100                          29000

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total equivalent units for materials                                      37700

The equivalent units of production for conversion costs can be computed thus:

Description                   quantity           % of completion    Equivalent units

Completed units            29000              100                          29000

(37700-8700)

Ending inventory            8700                40                      <u>    3480 </u>

total equivalent units for conversion costs                       32480

I applied 100% percentage of completion to ending inventory when determining materials equivalent units and 40% percentage completion when determining equivalent units for conversion cots  as it given in the question

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