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3 years ago

Which factor of production controls and gives direction processes?

Business

2 answers:

Nikolay [14]3 years ago

7 0

Answer:

Labor

Explanation:

The correct option is - Labor

Reason -

There are 4 factors of production -

Land, Labor, Capital and entrepreneurship.

So,

The best suitable answer is Labor.

nignag [31]3 years ago

6 0

Answer: Labor

Explanation: I just took the test . ( for PLATO users )

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Answer:

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Explanation:

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3 years ago

Select the interjection in the sentence.

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4 years ago

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Ket [755]

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4 years ago

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Prepare journal entries to record the following production activities for Hotwax. 1. Incurred direct labor of $200,000 (credit F

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Answer:

a. Debit Work-in- Progress with $200,000, and credit factory payroll payable with $200,000.

b. Debit factory overhead with $11,500, and credit factory payroll payable with $11,500.

c. Debit factory payroll payable with $211,500, and credit Cash with $211,500.

Explanation:

This will appear as follows in the account:

Hotwax's Journal Entries

Details Dr ($) Cr ($)

Work-in- Progress 200,000

Factory payroll payable 200,000

Being direct labor cost incurred

Factory overhead 11,500

Factory payroll payable 11,500

Being the indirect labor cost incurred

Factory payroll payable 211,500

Cash 211,500

Being total factory payroll or labor cost paid in cash

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4 years ago

Which factor of production controls and gives direction processes￼?

Which factor of production controls and gives direction processes?