<span>The quote captures Smith's description of the complexity and scope of the division of labor, and its ability to increase the standard of living in a given society. Smith believes that the propensity to truck, barter and exchange is part of human nature, and it is precisely this capacity that best organizes the economic system in large scale societies. The cooperation of the many thousands, inspired by each person's self interest, is what allows for the economic system to flourish, spreading opulence and raising the overall quality of life. Since observations on the progress inspired by the division of labor begin the book, Smith uses the contemplation of simple items (pins, for instance) as a starting point for his theorizing on the organization of economics in general.</span>
Answer:
175,000 units
Explanation:
total transferred units = beginning work in progress units + number of units started and completed
- beginning work in progress = 25,000 units
- units started and completed during March = 150,000 units
total transferred units = 25,000 + 150,000 = 175,000 units
Hakim Goals
Explanation:
Hakim set goals for his store that included satisfying his customers while making enough money to open a second store. Which component of a goal did Hakim leave out :
1.Hakim didn't leave anything out.
2. Hakim forgot to include the overall strategy or course of action he would use to fulfill his mission.
3. Hakim forgot to include a time frame in which the goal is to be achieved.
4. Hakim forgot to include exactly how much profit he wanted to make.
5. Hakim forgot to include what his store's purpose and basic philosophy are.
Answer:
$150,900
Explanation:
Calculation for what The cost of goods manufactured for June was:
Direct materials $56,800
Direct labor $30,700
Manufacturing overhead applied to work in process $53,900
Total manufacturing costs $141,400
Add: Beginning work in process inventory $31,000
$172,400
Less: Ending work in process inventory $21,500
Cost of goods manufactured $150,900
($172,400-$21,500)
Therefore The cost of goods manufactured for June was:$150,900
Answer:
Text Messaging
Explanation:
Business messaging tools are widely use for individuals to create communication with the other individuals or organisations
Use of messaging for industry helps everyone to connect in plain text with other individuals, unlike most of the result of internet communications that you have to delay for until the communication is retrieved from the recipient's server.
