Answer:
E (Last one, you didn't put a letter for it)
Explanation:
The answer is E because a price reduction, depending on how large it is, will mostly have an effect on consumer, or in this case, customer sales. In this case, since it is a smaller percentage, it may not have a very big effect though.
Answer:
Amount of overhead debited to Work in Process Inventory is $364,000
Explanation:
Direct labor cost = Total labor cost - Indirect labor cost
Direct labor cost = $720,000 - $200,000 = $520,000
Overhead debited to Work in Process Inventory= 70% * Direct labor cost
=70% * $520,000
=$364,000
In economics, a factor market refers to markets where services of the factors of production are bought and sold, such as the labor markets, the capital market, the market for raw materials, and the market for management or entrepreneurial resources.
So I believe it is C
