Answer:
A and B.
Explanation:
Understand cost classification used for assigning costs to cost objects can be divided in direct costs and indirect costs.
Direct costs are those who can be easily and conveniently traced to a unit of product or other cost object. Examples are direct material and labor.
Indirect costs are those who cannot be easily and conveniently traced to a unit of product or other cost object. Example manufacturing overhead.
The common costs are the indirect costs incurred in support a number of cost objects. These costs cannot be traced to any individual cost object.
Determining cost tracing and allocation is more art than science, as it's difficult to trace costs with 100 percent accuracy.
Tracing costs becomes even more difficult when a cost goes toward producing multiple goods or services.
Answer:
False
Explanation:
In a command or planned economy, the factors of production are owned and controlled by the government. The government makes all the significant economic decisions such as production, distribution, and pricing.
The government prepares a central plan for the entire economy. The plan determines the production level, the goods and services to be produced, and their prices. The central government employs all workers. The private sector does not exist.
Answer:
Employment of low wage workers will decrease and which in turn increase the unemployment.
Explanation:
Perfectly competitive labor market, is the one which is described as the composite of many firms or companies that are in the competition for the workers. The firms will not be in power to set the wages for the workers, the market also determines the competitive wage.
But if this is a low wage labor and on that the government establish or form the minimum wage then it will result in the employment of the low wage workers will decrease and the consequence of which is increase in the unemployment.
Note: Options are missing so providing the direct answer
Answer: remain at the same level despite changes in production
Explanation:
<span>Shale oil mining corporation is an u.s. employer. shale oil and other u.s. employers must perform i-9 verifications for Each new hire.
</span> I-9<span> is used for </span>verifying<span> the identity and employment authorization of individuals hired for employment in the United State and conducted to make sure that the new employee has the full legal right to work in United States</span>
