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3 years ago

Which of the following would the U.S. Bureau of Labor Statistics define as a discouraged worker?

Business

1 answer:

Svet_ta [14]3 years ago

6 0

Answer:

d) Mary, who was laid off last year and who was looking for a full-time job until last month

Explanation:

In the United States, a discouraged worker is defined as a person not in the labor force who wants and is available for a job and who has looked for work sometime in the past 12 months (or since the end of his or her last job if a job was held within the past 12 months), but who is not currently looking because of real or perceived poor employment prospects.

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Warner Company purchases $50,000 of raw materials on account, and it incurs $60,000 of factory labor costs. Supporting records s

andriy [413]

Answer:

WIP Assembly DEBIT 24,000

WIP Finishing DEBIT 26,000

Raw materials Inventory CREDIT 50,000

WIP Assembly DEBIT 35,000

WIP Finishing DEBIT 25,000

Wages Payable CREDIT 60,000

Explanation:

Our first goal is to calculate the diference to get the finishing values

50,000 raw materials

assembly 24,000

50,000 - 24,000 = 26,000

Finishing 26,000

60,000 labor cost

Assembly 35,000

60,000 - 35,000 = 25,000

Finishing 25,000

Now we proceed to do the entries:

WIP Assembly DEBIT 24,000

WIP Finishing DEBIT 26,000

Raw materials Inventory CREDIT 50,000

WIP Assembly DEBIT 35,000

WIP Finishing DEBIT 25,000

Wages Payable CREDIT 60,000

Important: There is no information about a finished goods or transfer from one process to another, so we should assume both are still in progress and no transfer to either one or finished goods were made.

So the values are transfer to the WIP of each department.

4 0

3 years ago

A product manager is eager to develop a new product idea. To gain approval to do so, the product manager orders the research tea

vladimir1956 [14]

Answer:

The answer is b. Advocacy research

Explanation:

Advocacy research is carried out with the intention of providing evidence and arguments that can be used to support a particular cause or position.

8 0

3 years ago

Which option would you select to control being linked to other people's posts?

s2008m [1.1K]

Answer:

Timeline and tagging settings

Explanation:

Timeline and tagging settings is a feature in social media applications such as Face-book, Twi-tter, Insta-gram etc. that allows you to control being linked to other people's posts.

When this settings is properly configured, you will only be linked to the posts of people you allowed, in this case it will be your mutual friends rather than the general public.

3 0

3 years ago

Cullumber Company had a beginning inventory on January 1 of 75 units of Product 4-18-15 at a cost of $18 per unit. During the ye

lora16 [44]

Answer:

Weighted average:

EI: 2,290

COGS: 9, 160

LIFO

EI: 2,400

COGS: 9,050

FIFO

EI: 3,000

COGS: 8,450

Explanation:

beginning 75 units at $ 18 = $ 1,350

Mar. 15 200 units at $21 = $ 4,200

Sept. 4 175 units at $24 = $ 1,800

July 20 125 units at $22 = $ 2,750

Dec. 2 50 units at $27 = $ 1,350

total units: 625 units cost of goods available: 11,450

average cost: 11,450/625 = $ 18.32 per unit

inventory units: 625 - 500 = 125 units

Weighted average:

EI: 125 x $18.32 = 2,290

COGS: 500 x $18.32 = 9, 160

500 units were sold

LIFO:

last units are sold while frist are inventory

ending inventory

beginning 75 units at $ 18 = $ 1,350

Mar. 15 50 units at $21 = $ 1,050

Total 2,400

COGS: available - ending inventory

11,450 - 2,400 = 9,050

FIFO

first units are sold while last are inventory

Dec. 2 50 units at $27 = $ 1,350

July 20 75 units at $22 = $ 1,650

Total 3,000

COGS: available - ending inventory

11,450 - 3,000 = 8,450

7 0

3 years ago

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat

Cerrena [4.2K]

Answer:

a. 208.57 units

b. 104.29 units

Explanation:

a. The computation of the economic order quantity is shown below:

$= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

$= \sqrt{\frac{2\times \text{6,000}\times \text{\$29}}{\text{\$8}}}$

= 208.57 units

b. And, the average inventory is

= Economic order quantity ÷ 2

= 208.57 units ÷ 2

= 104.29 units

We simply applied the above formulas for calculation of the economic order quantity and the average inventory and the same is shown above

5 0

3 years ago