Answer:
b.) While some job loss may occur as a result of automation, the potential for job creation exists
Explanation:
Automation is the process by which a the production process that is usually managed by people becomes mechanised.
The control and monitoring functions that people usually do is now transferred to automatic devices.
While this will cause some job loss as a result of lack of skill to operate the new machines, it will also result in an avenue for fresh employment.
Employees can acquire the required skill to operate the machines that are now used in the production process.
The action or process of keeping financial accounts is what accounting means
Answer:
We should discontinue Product B
Explanation:
We should check if Product B generates a contribution or not:
We subtract from the sales revenues the variable cost:
revenue 39,500
variable cost of goods sold (25,500)
variable selling expenses <u> (16,500) </u>
Contribution (2,500)
<em>As the contribution is negative, we should discontinue </em>Product B as is less expensevely to stop production than continue.
Answer: the tariffs will vary depending on the classification.
Explanation:
Tariff is a form of tax that is usually imposed on the imports that are brought from other countries to a particular country.
With regards to information provided in the question, the classification of goods is significant because the tariffs will vary depending on the classification.