The correct answer is: [C]: "coinsurance" .
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Answer:
Debit Work in Process Inventory $113,000;
Debit Factory Overhead $18,000.
Explanation:
$82,000 of direct labor related is associated with assembly department.
and $31,000 of labor not directly related to the product but related to the Assembly Department as a whole . Therefore its a indirect cost means overhead
$18,000 of labor services this cost is not associated with the product, but indirectly incurred in making material to the final product. hence this cost is also part of indirect cost.
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Explanation:
Answer:
Law and Economics
Explanation:
Based on the information provided within the question it can be said that the school that is being described is the Law and Economics School of Jurisprudential thought. They promote market efficiency mainly due to the fact that they believe that markets are more efficient than the courts are in this modern world.