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3 years ago

Why are the three separate occupations of plumbers, pipefitters, and steamfitters grouped together by the Department of Labor?

Business

1 answer:

Scorpion4ik [409]3 years ago

5 0

Answer:

Their duties are related, and their knowledge overlaps.

Explanation:

The Department of Labor of the United States, is the department that administers occupational safety, salary, working hours, etc. The department oversees the welfare of those who earn wages, seeking jobs, or retired people.

The Department of Labor grouped together the three separate occupations of plumbering, pipefitting, and steamfitting because their duties are somewhat related, and skills and knowledge intersect with each other.

The duties performed by plumbers, pipefitters, and steamfitters include installing of pipes, fixing pipes, inspection of pipelines and pipe systems, repairment of pipes, etc. And the knowledge of pipe of all three occupations is also similar. It includes pipe system design, safety, tool use, etc.

Thus the Department grouped them together because they have overlapping skills and knowledge, and similar duties. Therefore, the correct answer is the last option (D).

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Coronado Industries sells one product and uses a perpetual inventory system. The beginning inventory consisted of 77 units that

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Answer:

$6745

Explanation:

Given: Beginning inventory is 77 units at the cost of $19 per unit.

Purchased inventory is 476 units at $19 per unit.

Sales during the month is 355 units at $45 per unit.

Now, let´s find the cost of goods sold using LIFO method.

We know, LIFO method is Last in first out, which sell out inventory, which are most recently purchased. In a period of rising prices, LIFO inventory method tends to give the highest reported cost of goods sold.

As sales unit is 355 units.

Let´s take units from recent purchased inventory.

Cost of good sold= $355\ units\times 19= \$ 6745$

Hence, the cost of goods sold using the LIFO method is $6745.

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3 years ago

Use the table to indicate which description characterizes economies of scale and which characterizes economies of scope.

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Answer and Explanation:

The economics of scope refers to the total cost production cost i.e to be averaged for the various type of goods

While on the other hand, the economics of scale refers to the benefit of the cost than occurs when there is a higher production level at a time

Based on this, the classification is as follows

1, Economics of scale as the output rises that declines the LAC so automatically it goes downward

2. economics of scope

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3 years ago

What is in dynamic equilibrium ??????? I need it for my physical education exam

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Answer:

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3 years ago

Parsley Corporation had 250,000 shares of common stock and 5,000 shares of 8%, $100 par, preferred stock outstanding on December

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Answer:

Explanation:

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Total loss 360,000

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Additional common stock [36,000*7/12] 21,000

Total shares 271,000

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2 years ago

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