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pochemuha
3 years ago
5

An inventor in Burginville developed a fantastic new dictation machine that perfectly records speech and turns it into a typed d

ocument. Unfortunately, that meant that unemployment increased among typists working in offices. Which type of unemployment is this? Explain.
Business
2 answers:
MAVERICK [17]3 years ago
6 0

Answer:

Technological unemployment

Explanation:

Technological unemployment is a form of unemployment that arise as a result of improvement and development of new technologies.The aim is to improve the process of speed , labor saving and and quality and overall efficiency.

As it is known that a machine is capable of running production at a faster rate compared to human effort , therefore its introduction or upgrade leads to reduction in required human effort

The unemployment effect of the new dictation machine falls into this category.

Rasek [7]3 years ago
5 0

Answer:

This type of unemployment is called structural unemployment

Explanation:

Structural unemployment refers to the unemployment which happens due to a structural change in the economy, for instance, when there is a development of a new technology or industry. For example, when a person finds a cure for all dental diseases, and as a result, a dentist loses his/her job, this will lead to being structurally unemployed.

As we can see in the scenario presented above, the invention has cost the typists their jobs, and this is because there is a mismatch between the skills of the typists and the potentials offered by the invention.

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Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th
rjkz [21]

Answer:

Allocated MOH= $188,627

Explanation:

Giving the following information:

Estimated overhead= $241,800

Estimated direct labor hour= 6,800

Actual direct labor-hours were 5,300.

First, we need to calculate the estimated overhead rate:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 241,800/6,800= $35.59 per direct labor hour.

Now, based on actual direct labor hours, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 35.59*5,300= $188,627

6 0
3 years ago
Creditors are interested in the times interest earned ratio because they want to
Pavlova-9 [17]
Creditors are interested in the times interest earned ratio because they want to "<span>have adequate protection against a potential drop in earnings jeopardizing their interest payments".
</span>

The times interest earned ratio is also known as interest coverage ratio, which measures the capacity of an association to pay its obligation commitments. The proportion is generally utilized by banks to discover whether an debt borrower can bear to assume any extra obligation. It might be figured as either EBIT or EBITDA divided by the aggregate interest which is payable.
7 0
3 years ago
Perhaps the best method for estimating the market value of shareholders' equity is to: _____________
kupik [55]

Answer:

C.multiply number of shares outstanding by the price of each share

4 0
2 years ago
The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production
kari74 [83]

Answer: The Southern Corporation manufactures a single product and has the following cost structure:

Explanation:

Fixed costs per year: Production$98,770 Selling and administrative$86,920 Last year, 5,810 units were produced and 5,610 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:

7 0
3 years ago
During November, the production department of a process operations system completed and transferred to finished goods 31,000 uni
Aleks [24]

Answer:

200,800 units

Explanation:

<u>Calculation of Equivalent units of Production of Conversion Costs</u>

Method : weighted-average method.

Completed and Transferred (181,000 × 100%)             = 181,000

Ending Work In Process (33,000 × 60%)                     =   19,800

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3 years ago
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