Answer:
The black death epidemic resulted to death about 34 million European, left more job vacant. This was becuase many workers died while the jobs the were working on as at that time remained almost unchanged. The remained workers after the black death demanded for rise in wages, although the lords stood against the demand.
Explanation:
Although worker population decreased because of the plague, the amount of land and the tools did not change much. Some farm animals died when the people who took care of them died. Because the remaining workers had more tools and land to work, they became more productive, producing more goods and services. When workers are more productive, employers are willing to pay higher wages. The Statute of Laborers and similar laws in other countries were not very effective. Some lords avoided violating the statute by making “in kind” pay-ments—paying workers with food or other goods rather than wages—or providing other “fringe benefi ts.” Some lords began to pay illegally high wages. Wages increased because there were fewer workers—labor had become more scarce
A I think. not sure though
The given statement " The most appropriate match between type of product and type of process occurs as one moves away from the diagonal in the product-process matrix " is FALSE
Explanation:
An object is a tangible product which can be marketed or used to meet internal company specifications to external consumers. A method is systemic For example – a procedure can be used in order to create a commodity.
Different objects are clustered together in a process configuration.
Process models are suitable for small businesses that do not need a single product. All unit, equipment, and machines according to how a product is made are placed in a design layout.
Is the same as scale factor
Answer:
The journal entry is as follows:
Explanation:
Work in Progress A/c............................................Dr $198,000
Labor efficiency variance(unfavourable)...........Dr $9,000
Labor rate variance A/c........................Cr $4,600
Wages Payable A/c.................................Cr $202,400
Working Note:
Standard hour = Standard direct labor hours × (Standard hour - Actual hour)
= $2.2 × 5,000
= $11,000
Labor efficiency variance = $18 × (11,000 - 11,500)
= $18 × 500
= $9,000
Standard cost = Standard rate × Standard hour
= $18 × 11,000
= $198,000
Actual Cost = Actual rate × Actual hour
= $17.6 × 11,500
= $202,400
