Answer:
This is an example of technology spillover and positive externalities.
Explanation:
Technology Spillover: The advantageous outcomes of new technological expertise on the productivity and creative capacity of other firms and nations are summoned as technology spillover.
Positive Externalities: When the consumption of goods and services leads to the benefits of other people, the term is known as positive externalities. If I become an educationist (assuming education as a good), it will help me to receive the private benefit. Besides the individual interest, I can help others to educate people.
Therefore, when Turning Inc. creates the first solar-powered cell phone battery, and it lasts up to 10 hours, it produces spillover technology.
When another company encourages to formulate technology with more lasting power, it creates a benefit for the other people as well as the technology spillover.
Service Revenue.................................65000
Rent Revenue..........................................6000
To Income Summary.....................................................71000
Income Summary..........................78900
To Depreciation Expense..............................................7000
To Salaries Expense.......................................................56400
To Utilitites Expense.........................................................15500
Retained Earnings.....................................................................7900
To Income Summary...............................................................................7900
The cost object of the plant-wide overhead rate method is "The unit of product"
Explanation:
Unit cost is the total production cost divided by the number of units manufactured. A company usually produces similar products in lots with hundreds or thousands of units per batch.
An overall overhead rate for the entire plant is a single level used only to allocate or assign all overhead production costs for a company to its output of production. Products for easier operation, such as assembly, can be allocated overhead at a level of $20 per hour of direct work.
<u>Answer:</u> Option C World event
<u>Explanation:</u>
The labor market which is affected by a man made event that is the world event is known as war. Here in the above case the labor market demand increases when there is war situation between two countries. As the demand for uniforms and weapons increases. This is because the countries require additional resources to prove their strength.
Excess demand for labor exist when there is war. This changes the unemployment situation and any labor with or without skills are hired to meet the demand in the labor market.
Answer:
C. Data – Information – Business Intelligence – Knowledge
Explanation:
This is the correct order to collect and analyze data to make decision