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Fantom [35]
4 years ago
6

The labor-force participation rate tells us the fraction of the population that has chosen to participate in the labor market.

Business
1 answer:
Law Incorporation [45]4 years ago
7 0
<span>The statistic of the labor-force participation rate shows the number of people participating in the work force as either actively employed or looking for work, as opposed to those who are not employed and are not seeking work. Another way of thinking about it is that it shows us how many people are available in the work force.</span>
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3 years ago
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Hou Company applies factory overhead to its production departments on the basis of 90% of direct labor costs. In the Assembly De
Fofino [41]

Answer:

The journal entry is shown below:

Explanation:

Factory overhead is the term which is defined as the cost or expense which take place during production procedure. And it does not involve the cost in relation to direct labor and direct material.

The journal entry to apply the overhead to these production departments is as follows:

Work in Progress Inventory - Assembly A/c..............Dr $112,500

Work in Progress Inventory - Finishing A/c................Dr $ 31,500

            Factory Overhead A/c....................................................Cr  $144,000

Being the entry for applying the overhead is recorded

Working Note:

Work in Progress Inventory - Assembly = $125,000 × 90%

Work in Progress Inventory - Assembly = $112,500

Work in Progress Inventory - Finishing A/c = $35,000 × 90%

Work in Progress Inventory - Finishing A/c = $31,500

5 0
3 years ago
Which statement is true according to the article?Choose one:A. Chilean companies aim to improve their wine distribution in China
Rufina [12.5K]

Answer:

The answer is "Option A".

Explanation:

In this question, the first choice is correct because the Chilean organizations continue to improve the existing wine business in the country of China, with Chile aiming to the advantage of the military conflict as well as expand its position in the Chinese beverage (wine) market though the wider optimization.

4 0
3 years ago
Becky hunter is an accountant employed by faf enterprises. recently she has spent much of her time working on defining measures
boyakko [2]
<span>Becky is a private accountant whose work is mainly with managerial accounting. Managerial accounting is a process o identifying, measuring, analyzing, interpreting, and communicating information in order to achieve the goals of an organization. Another name for managerial accounting is cost accounting.</span>
7 0
3 years ago
Deferred income taxes are based on the:_______.
Hunter-Best [27]

Answer:

a. current tax rate or future tax rates, depending on when the temporary difference will reverse.

Explanation:

Deferred Tax is not payable to tax Authority it is only a book entry used by Accountants to match Income taxes payable in terms of Income Act and Income taxes expected to be presented to users in financial Statements.

Deferred taxes are based on current tax rate or future tax rates, depending on when the temporary difference will reverse.

3 0
3 years ago
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