Answer:
The answer is D. Inventory account.
Explanation:
Perpetual inventory method is very useful as it is updated daily and gives a real-time insight into the stocks unlike in the periodic inventory system where you calculate the stock at the end of a certain period.
Answer:
D. The marginal cost of light is zero, and by convention zero-priced goods and services are excluded from GDP
Explanation:
Only things that have a monetary cost are included in GDP. Things that do not cost "anything" in monetary terms are not included, and this is a major shortcoming of GDP.
From an ecological economics standpoint, things like sunlight, air, and water are often not valued and included in GDP. This is the same case as in the question, because the marginal cost of light is zero, then, it is not included in GDP.
Answer:
k= 5 units
L = 45 units
Explanation:
check the picture attached for full explanation and i hope it helps you
Answer:
d. $18,900 unfavorable.
Explanation:
Direct labor efficiency variance = SR*(SH-AH)
18000 = SR*(63000-61500)
18000 = 1500 SR
SR = $12
Total standard direct labor cost for February = 63000*12= $756,000
Direct labor flexible-budget variance = $774,900 - $756,000 = $18900 Unfavorable
Answer: It is true that Samuel is taking part in an apprenticeship program.
Explanation:
An apprenticeship is a form of training of people on a profession or trade. It usually involves on-the-job training and may also involve study such as reading and classroom work. Most of the training is done while the person is working for an employer. The employer teaches the apprentice about the profession or trade in exchange for the apprentice continued labor which is usually for an agreed period of time.
There is variation in the duration an apprentice spends with his or her employer depending on the roles, sectors, professions and cultures. The people who completes the apprenticeship successfully can become journeyman. A journeyman is a worker who is skilled in a particular craft or trade and has completed an apprenticeship successfully.