Answer:
200% of direct labor cost
Explanation:
The computation of the company overhead application rate is shown below;
But before that overhead cost would be determined
GIP = Direct material + Direct labor + Overhead
$4,400 = $2,000 + $800 + Overhead
So,
Overhead = $4,400 - $2,000 - $800
= $1,600
Now the overhead application rate is
= overhead ÷ direct labor cost
= $1,600 ÷ $800 × 100
= 200%
Answer:
B. new production processes may be devised.
Explanation:
This means, the new capital in touch with the human innovation traits will generated ways to use this capital beyond their inventors knowledge. Giving the capital additional used. Assthis uses were discovered after the capital invention, are not included in the cost of the new capital therefore, are positive externalities of their.
Also, generally the labor productivity increases with new capital not decrease.
Answer:
C. contribute to economic growth
Explanation:
Economic growth is an increase in the the production of goods and services produced in an economy.
Improvements in labor productivity increases the output of labour and as a result contributes to economic growth.
Answer:
The answer is Demographic Characteristics.
Explanation: Demographic Characteristics are data about a population which include qualities such as age, gender, race, religion, family status, occupation, education level, income, location, ethnicity, marital status, sexual orientation, health status, home ownership, etc.
These qualities are qualities outside an organization that it has no control over.