All categories

3 years ago

Who had ideas that many workers of the industrial era followed?

1 answer:

5 0

Henry Ford was an inventor during the Industrial Revolution, who had ideas that many workers followed. In addition to inventing the Model T and revolutionizing the way Americans transported themselves, he also contributed by creating the assembly line. To mass produce a certain item in the most efficient manner, each worker specialized in making one part, and then would pass it along to the next worker, who would be specialized in making the next part, and so on and so forth.

You might be interested in

Fusaro Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year.

andrew-mc [135]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Fusaro Corporation uses a predetermined overhead rate base on machine-hours.

Estimated total fixed manufacturing overhead= $684,000

Estimated activity level= 40,000 machine-hours

Actual activity level 37,700 machine-hours

First, we need to calculate the predetermined overhead rate:

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

Estimated manufacturing overhead rate= 684,000/40,000= $17.1 per machine hour

Now, we can allocate the manufacturing overhead:

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

Allocated MOH= 17.1* 37,700= $644,670

5 0

3 years ago

Bigham Corporation, an accrual basis calendar year taxpayer, sells its services under 12-month and 24-month contracts. The corpo

Gnesinka [82]

Answer: 2016= $13,000; 2017= $25,000

Explanation:

for 2016

Income to be recognised in 2016 for 12 months term= Total proceeds x period of service provided (july -december )/ Total contract term

Income to be recognised in 2016= 14,000 x 6months /12months

= 14,000 x 1/2= $7,000

Income to be recognised in 2016 for 24 months term= Total proceeds x period of service provided (july -december )/ Total contract term

Income to be recognised in 2016= 24,000 x 6months /24months

= 24,000 x 1/4= $6,000

income to be recognized in taxable income in 2016= $7,000 + $6,000= $13,000

for 2017

Income to be recognised in 2017 for 12 months contract term= Total proceeds x remaining period of service provided from jan. to june 2017 / Total contract term

Income to be recognised in 2017= 14,000 x 6months /12months

= 14,000 x 1/2= $7,000

Income to be recognised in 2017 for 24 months contract term= Total proceeds x remaining period of service provided fromjuly 2016 -dec 2017/ Total contract term

Income to be recognised in 2016= 24,000 x (24-6) 18months /24months

= 24,000 x 3/4= $18,000

income to be recognized in taxable income in 2017= $7,000 + $18,000= $25,000

7 0

4 years ago

Bauer's Supply Chain Management Student Organization provides networking opportunities and dinner meetings with hiring managers,

givi [52]

Answer:

Bauer SPO

Explanation:

Bauer SPO is a primer student organization of the supply chain and management at the university of Houston C.T. Bauer College of Business.

6 0

3 years ago

Inflation imposes many costs on the economy: shoe-leather costs, money illusion, menu costs, wealth redistribution, price confus

Flura [38]

Answer:

a. A jeweler observes the price of gold rise and wonders if there is a shortage of gold.

Costs imposes by Inflation: Price confusion

b. Carson is angry because the price of donuts increased from $1 to $2 since last week

Costs imposes by Inflation: Menu costs

c. Your grandmother's savings account pays 2% interest, but inflation is 5%.

Costs imposes by Inflation: Wealth redistribution

d. The CEO of GM worries that his revenue received in the future won't cover the expenses he incurs today.

Costs imposes by Inflation: Not associated with listed cost

e. Jim is reluctant to sell his stocks at the end of the year.

Costs imposes by Inflation: Not associated with listed cost

f. John thinks his new salary in NYC will increase his standard of living

Costs imposes by Inflation: Money illusion

g. Kallie is taking more trips to ATM now that the post.

Costs imposes by Inflation: Shoe-leather costs

5 0

3 years ago

Which of the following changes would increase structural unemployment? Select one:

Jet001 [13]

Answer:

Option D

Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

Explanation:

Option D

Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

As manufacturing will decrease, the number of jobs will decrease drastically because the number of industries will become small.

8 0

3 years ago