1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetlanka [38]
4 years ago
10

The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______

Business
1 answer:
Alex_Xolod [135]4 years ago
7 0

Answer:

Direct labor

Explanation:

The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.

Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

You might be interested in
Merle Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month,
bixtya [17]

Answer: $721 Unfavorable

Explanation:

The following can be deduced from the question:

Actual hours = 3690 hours

Standard hours = 3620 hours

Standard rate per hour = ($14000 + $27200) / 4000

= $41200 / 4000

= $10.30 per hour

Therefore, the overall variable overhead efficiency variance for the month is calculated as:

= (Actual Hours - Standard Hours) × Standard rate per hour

= (3690 - 3620) × $10.30

= 70 × $10.30

= $721 Unfavorable

3 0
3 years ago
Zokro, a nongovernmental not-for-profit organization, uses the indirect method to prepare its statement of cash flows. In determ
USPshnik [31]

Answer:

C. Depreciation

Explanation:

The Indirect method reconciles the Operating income to the Operating Cash flow by adjusting the following items (i) Non -Cash Items previously added or deducted from Operating Profit and (ii) Changed in Working Capital items. From the given options, only depreciation is added back as it was previously deducted from Operating Income.

6 0
3 years ago
Consider a market​ where: Consumer surplus is 250 Producer surplus is 125. If both consumer surplus and producer surplus are​ ma
mario62 [17]

Answer:

A. Deadweight loss = 125 units.

B. Deadweight loss = 25 units.

Explanation:

In a free market and completely efficient economy, the consumer surplus equals the producer surplus. Both benefits of free trade. When consumers o producers have a minor surplus, necessarily implies a loss on eficiency, usually caused by government regulations like taxes or price ceilings.

The amount of welfare lost is measure by the difference between consumer and producer surplus.

In the first case:

|Consumer surplus - producer surplus| = 25 units

|250- 125| = 125 units

And in the second case:

|180- 155| = 25 units

5 0
3 years ago
Sinking fund bonds: Multiple Choice Require equal payments of both principal and interest over the life of the bond issue. Requi
alexandr1967 [171]

Require the issuer to set aside assets to pay bonds at maturity.

Bonds that require the issuer to set aside a pool of assets used only to repay the bonds at maturity.

<h3>What is Sinking Fund Bond ?</h3>

A sinking fund is maintained by companies for bond issues, and is money set aside or saved to pay off a debt or bond.

  • Bonds issued with sinking funds are lower risk since they are backed by the collateral in the fund, and therefore carry lower yields.

  • example may be a company issuing $1 million of bonds that are to mature in 10 years. Given this, it creates a sinking fund and deposits $100,000 yearly to make sure that the bonds are all bought back by their maturity date

Learn more about Sinking Fund Bond here:

brainly.com/question/26678695

#SPJ4

8 0
2 years ago
Consider the three theories of the upward slope of the short-run aggregate-supply curve. According to the sticky-wage theory, th
mrs_skeptik [129]

Answer:

According to the sticky-wage theory, the economy is in a recession because the price level has declined so that real wages are too high, thus labor demand is too low.

According to the sticky-price theory, the economy is in a recession because not all prices adjust quickly.

According to the misperceptions theory, the economy is in a recession when the price level is below what is expected.

Explanation:

The above mentioned are the three theories of the upward slope of the short-run aggregate-supply curve.

7 0
3 years ago
Other questions:
  • In the statement of cash flows, inflows and outflows of cash from buying and selling trading securities typically are considered
    6·1 answer
  • Parent Company holds 75 percent of Surrogate Company’s voting common shares. On December 31, 20X8, Parent recorded a loss of $20
    13·1 answer
  • Which of the following statement(s) is(are) true regarding the variance of a portfolio of two risky securities? I) The higher th
    6·1 answer
  • Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the $10,000 in a non-interest-bear
    9·1 answer
  • Pat and Gerard met each other for the first time in a business meeting. As a conversation starter, they shared factual and stati
    7·1 answer
  • The short-run supply curve for an individual firm operating in a perfectly competitive market is:
    13·1 answer
  • Process X has fixed costs of $10,000 and variable costs of $2.40 per unit. Process Y has fixed costs of $9,000 and variable cost
    6·1 answer
  • Why should an entrepreneur do a feasibility study for starting a new venture
    11·1 answer
  • The west coast of scotland has a warmer and more stable climate than areas at equal latitudes but further inland. It is also muc
    12·1 answer
  • state courts have ruled that companies can be held liable for __________ if they fail to do adequate background checks. a. decep
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!