All categories

3 years ago

Prompt What is division of labor?

2 answers:

4 0

Division of labor is the idea that a large production-related task can be completed more efficiently by breaking it into smaller tasks and having each task completed by a specialist

correct

Leno4ka [110]3 years ago

3 0

Answer:

Division of labor is the idea that a large production-related task can be completed more efficiently by breaking it into smaller tasks and having each task completed by a specialist

Explanation:

You might be interested in

On January 15, the end of the first biweekly pay period of the year, North Company’s payroll register showed that its employees

mojhsa [17]

Answer:

Cr. FICA- Social security taxes payable: 2,480

Cr. FICA- Medicare taxes payable: 508

Cr. fed. inc. taxes payable: 2,000

Cr. Employment medical insurance payable: 1,108

Cr. Employee union dues payable: 240

Cr. Salaries Payable: 33,664

Explanation:

Journal entry

Dr. Sales salaries expense: 40,000

Cr. FICA- Social security taxes payable: (40,000×6.2%) 2,480

Cr. FICA- Medicare taxes payable: (40,000×1.45%) 508

Cr. fed. inc. taxes payable: 2,000

Cr. Employment medical insurance payable: 1,108

Cr. Employee union dues payable: 240

Cr. Salaries Payable: 33,664

Salaries Payable

2,480+508+2,000+1,108+240=6,336

40,000-6,336= 33,664

4 0

3 years ago

Hazelwood Company had beginning inventory of $54,000. During the period the company purchased $109,800 of merchandise. At the en

Ilia_Sergeevich [38]

Answer:

$207000 is the sales revenue for the year.

Explanation:

The given situation is:

Sales Revenue 100%

Cost Of Goods sold <u> 60% </u>

Profit Margin 40%

Now we neither have sales revenue figure nor the profit margin figures but we can calculate cost of goods sold from the following formula:

Cost Of Goods Sold = Opening Inventory + Purchases - Closing Inventory

By putting values we have:

Cost Of Goods Sold = $54,000 + $109,800 - $39,600

Cost Of Goods Sold = $124,200

Now cost of goods sold is 60% which means if we want to go at 100% we will divide with the percentage at which we are standing (60%) and multiply with the percentage which we want to calculate (Sales is 100%).

Sales revenue = Cost of goods sold * 100% / 60%

Sales revenue = $124200 * 100% / 60% = $207,000

3 0

4 years ago

Which statement is FALSE?

morpeh [17]

Answer:BB

Explanation:b

3 0

3 years ago

URGENT!!!

Gwar [14]

so,nominally,................... (copied by :- @-Venkatesh Rao cheap tricks-)

3 0

3 years ago

Historical Art is a new business. During its first year of operations, credit sales were $50,000 and collections from credit sal

Igoryamba

Answer: $1000

Explanation:

First, we calculate the amount if bad debt expense which will be:

= 3% × $50000

= $1500

Therefore, the balance of accounts receivable at the end of the first year will be:

= Amount of bad debts expense - Account written off

= $1500 - $500

= $1000

5 0

3 years ago