Yes you are correct the cost pool is the people cost object is the product
Answer:
The incorrect statement is letter "D": Saving can only be done in person. Investing can be done both in person and online.
Explanation:
There are several differences between saving and investing. Both of them have the potential to grow capital over a specific period. While saving is beneficial in the short run, investment is in the long run.
Though, saving money implies depositing it in an account to make a profit out of the annual interest rate offered by banks. <em>The money can be deposited in person, through wire transfers or online transfers between accounts</em>. Investing is characterized by risking money through acquiring assets such as stocks, bonds, or mutual funds. That money can be provided by the investor in a meeting with the people in charge of managing the money or through online brokers.
Answer:
b. scarce resources.
Explanation:
Scarcity is one of the basic economic problems. Scarce resocurces means that resources needed to satisfy human wants are available in limited quantities.
In this question, the portable X-ray machine is the scare resource.
I hope my answer helps you
Answer:
Dr Work in Process Inventory for $6,000
Cr Manufacturing $6,000
Explanation:
Preparation of The journal entry under perpetual inventory procedure
Based on the information given if the Manufacturing overhead was applied to production at 60% of the direct labor cost of the amount of $10,000 which means that The journal entry under perpetual inventory procedure is :
Dr. Work in Process Inventory for $6,000
Cr Manufacturing $6,000
(60%*$10,000)
