Answer:
command economy and capitalism
Explanation:
A command economy is a situation where the government determines what goods and services are produced in a state. The government formulate its production policies to achieve his goals and objective. The major advantage of a command economy is that is reduces the level of inequality in a state, as against the profit motive in capitalism. Examples of a command economy country is North Korea and Cuba
Capitalism is an economic state where private individuals own and controls factors of production to for profit motive. Private investors are given power by government to control labour, capital and land in the production process with little or no involvement by government. Examples of countries practicing capitalism includes USA, Chile, canada, etc.
Answer: leading indicator showing that economic activity is going to increase
Explanation:
From the question, we are informed that a review of major newspapers across the United States showed that "help wanted" advertisement lineage has been decreasing.
This simply means that there's going to be an increase in the economic activity. This is due to the reduction in "help wanted" as it seems many individuals can now meet their needs. This will have a positive effect on the economy.
Answer:
$ 44000
Explanation:
Given:
Actual overhead manufacturing cost, Ac = $ 352000
Actual direct labor hours, Ah = 56000
Estimated manufacturing overhead cost, Ec = $ 330000
Estimated direct labor hour, Eh = 60000
Now,
Predetermined Overhead Rate = Ec/Eh
on substituting the values in the above formula we get
= $ 330000/60000 = 5.5
also,
Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)
on substituting the values in the above formula we get
Underapplied Overhead = 352000 - (56000 × 5.5)
or
Underapplied Overhead = $ 44000
<span>The fact that the management of the diffusion research company when receives proposal for a new research, first estimates the cost of conducting the research and delivering the final research report and then, attempts to reduce the costs through efficient operations and tries to maximize revenue by satisfying its customers' requirements means that the </span>diffusion research company uses a profit-oriented pricing objective.
