The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.
<h3>What is unemployment rate?</h3>
The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.
The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.
Therefore, the unemployment rate is defined as the state of being unemployed.
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Answer:
b. $307,000
Explanation:
Costs to be accounted in cost reconciliation report = Opening balance of work in process + Cost of production added during the month
= $24,000 + $283,000
= $307,000
Cost reconciliation report shows what costs need to be accounted for in a month and the manner in which they are actually accounted for.
It is a step in preparation of production report which shows how beginning work in process inventory and the costs which are added to production during the period are recorded.
Hence in cost reconciliation report pertaining to the month of Aug, opening work in process and costs added to production during the month are recorded.
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<span>The process of perception is a way of creating a mental impression that allows a person to become aware, comprehend or analyze information. Through this process, a person generates their own thoughts, judgments, beliefs, ideas and estimations by using visual, audio, taste and sensory elements that they interact with</span>
To obtain $225,000 in 18 years it is necessary to save or invest at least 1,041.66 every month and 12,500 every year.
We know the total money that needs to be saved to cover college education is $225,000 and the time to save up this money is 18 years. Based on these two details, let's find out how much you need to save every month and every year.
Total of months:
- 12 months x 18 years = 216 months.
The total you need to save per month:
- $225,000 / 216 = 1,041.66.
The total you need to save per year:
- 1,041.66 x 12 = 12,499.99 that can be rounded as 12,500.
Note: This question seems to be incomplete; however, I answered it based on the information provided.
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