Answer:
B. narrow, have been unemployed for 15 weeks or more weeks.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Natural Rate of Unemployment (NU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Cyclical unemployment rate (CU).
There are different measures used in the measurement of the unemployment rate in a country's economy and these includes;
I. U-1: this is the percentage of people that are unemployed for at least 15 weeks or more.
II. U-2: this is the percentage of the people who have lost their job or the people that finished a temporary job.
U-1 is a more narrow measure of unemployment rate than the conventional U-3 measure and U-1 counts as unemployed workers who have been unemployed for 15 weeks or more weeks.
Answer:
B.40,000 square feet
Explanation:
Calculation to correctly denotes the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated
Employees Human Resources 4,000
Machining 15,000
Assembly 21,000
Number of square feet 40,000
(4,000+15,000+21,000)
Therefore the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated is 40,000
Answer:
(a) Entry for purchase of patent :
Patent a/c debit $600,000.
To Cash / Bank A/c. $600,000.
(b) Amortisation : (legal protection for 20 years) >> 600,000/20 = 30,000 per annum
Amortisation expenses -Patents $30,000
To Patents account $30,000
(c) Impairment Loss on Patents ac. debit 270,000 (see calculations below)
To Patents account 270,000
(Value of patents at end of 4 years = 600000-120000=480,000)
Expected future value = 210,000
Impairment = 480,000-210,000=270,000
