Answer: The loss of enjoyment people incur when scenic land is converted to commercial use.
The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
The leisure time enjoyed by Americans Funds spent by state governments to build highways
Explanation:
The gross domestic product is the value in terms of money of all the goods and services that are produced in a particular country at a certain period of time.
Over time, people have often criticised the use of GDP as a good measurement of the output of a nation that it does not include every transactions and production for that nation. In this scenario, the following cases are either not accurately accounted for or are measured inaccurately.
1. The loss of enjoyment people incur when scenic land is converted to commercial use.
2. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
3. The leisure time enjoyed by Americans Funds spent by state governments to build highways.
In the above cases, the monetary value of these activities aren't reflected on the GDP calculation.
<span>This is the idea of the developing world. In many of these countries, there is a low amount of industrial or technological development. These countries have a rather low standard of living and a higher poverty rate when compared to countries that have technological development and progress.</span>
In the context of the 5S principles, <u>sustain </u>means to keep a process going through training, communication, and organizational structures.
<h3>What is 5S principles? </h3>
5s principles can be defined as the principle that help to show the appropriate way a work place or work environment should be or should be arranges .
The 5S principle are:
- Sort
- Set in order
- Shine
- Standardize
- Sustain
Therefore In the context of the 5S principles, <u>sustain </u>means to keep a process going through training, communication, and organizational structures.
Learn more about 5s principles here:brainly.com/question/10001029
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Answer:
Net pay is $383,750
Explanation:
Hermandez builders net pay can be computed by deducting the following from the gross payroll amount:
Federal income taxes
social security
medicare
charitable contributions
union dues
The net pay is computed thus:
Gross payroll pay $500,000
Federal income taxes $63,000
Social security $31,000
medicare $7,250
charitable contributions(1%*$500000) $5,000
union dues (2%*$500000) $10,000
($116,250)
Net pay $383,750
Answer:
COGS 3807 debit
FG 7896 debit
WIP 2397 debit
Factory Overhead 14,100 credit
--to record the underapplication of overhead--
Explanation:
overhead rate:
$515,000 overhead / 515,000 labor cost = $1
each labor cost generates a dollar of overhead.
221,400 x 1 = 221,400 overhead in COGS
459,200 x 1 = 459,200 overhead in Finished Goods
139,400 x 1 = 139,400 overhead in WIP inventory
Total applied 820,000
Actual 805,900
Underapplied 14,100
Now we weight each concept and determiante the portion underapplocated in each concept
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