When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called outsourcing.
Outsourcing is the business exercise of hiring a party outdoor a company to carry out offerings or create goods that were traditionally completed in-house through the enterprise's very own personnel and personnel. Outsourcing is a practice generally undertaken by businesses as a price-reducing measure.
Some commonplace outsourcing activities encompass human useful resource control, centers control, supply chain control, accounting, customer support and service, advertising, pc aided design, research, design, content material writing, engineering, diagnostic offerings, and felony documentation.”
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Answer:
d. Work in Process 150,000 DEBIT
Wages Payable 150,000 CREDIT
Explanation:
The direct labor will the wages accrued for production orders. The general factory use will be part of the actual factory overhead. It should not be considered as direct labor. It is indirec tlabor, a component of manufactring overhead.
We debit work in process as it represent an assets, these units will be finished, sell and collected; completing the conversion cycle of assets.
While the wages are credited as thy represent an obligation to pay (liabilties)
Answer:
b. $42,600
Explanation:
First, we calculate the total cost of college:

Now, we calculate the net income she would receive, if she didn't go to the college:

Finally, the opportunity cost of going to college is the result of adding the total cost of college plus the net income that she would receive if she works instead of going to college.

Payday loans typically have the highest interest rate. APEX