Knowledge work includes, among other things, engineering, marketing, product design, and web design.
<h3>What distinguishes service work from manufacturing labor?</h3>
A service economy is built on knowledge-intensive industries and services in economic production, well-educated employees in the occupational market, and innovative enterprises in business. A manufacturing economy is driven by the mass production of products.
<h3>What are the names of networks of businesses that produce product designers, engineers, manufacturing firms, distribution channels, and consumer outlets?</h3>
A supply chain in business is a network of establishments that acquire raw materials, transform them into intermediate goods, and then distribute finished goods to customers.
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Answer: $228,900
Explanation:
Manufacturing overheads = Factory depreciation + Factory utilities + Indirect labor + Factory rent + Factory property taxes + Indirect materials
= 65,600 + 30,900 + 22,600 + 47,800 + 28,700 + 33,300
= $228,900
Answer:
-2.33%
Explanation:
An investor who was not as astute as he believed invested $263,000 into an account 11 years ago,
Given that,
Current value of account, future value = $202,800
Value of invested amount, Present value = $263,000
Time = 11 years
(1 + r) = 0.9766466684
r = 0.9766466684 - 1
= - 0.02335333157
= - 2.33%
Therefore, the annual rate of return on this account is -2.33%.
Answer:
Explanation:
The journal entries are shown below:
a. Short term notes receivable A/c Dr $5,300
To Service revenue A/c $5,300
(Being the service is provided based on the notes receivable)
b. Short term notes receivable A/c Dr $9,300
To Cash A/c $9,300
(Being cash is paid)
c. Short term notes receivable A/c Dr $4,300
To Account receivable A/c $4,300
(Being 3-month note receivable is accepted which is signed by the customer)
Answer:
1, 2, 3 & 4
Explanation:
All of the given options could be used as a basis to allocate the profit among partners. Allocation of salaries is also a basis for profit allocation. Salaries of partner is deducted from the net profit on the basis of predetermined ratio or amounts.
The numbers of years can also be a base for the profit allocation. The partner from the long time could have more share than a new partner but it depends on the agreement of all the partners.
The profit can also be based on the the amount of work work done or time spent by each partner. Some associations and firms use this method to allocate the profit.
The most common method of profit allocation is the capital invested in the business. partners are paid on the basis of what they invested in the business.
