Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.
<h3>
What is indirect labor?</h3>
Indirect labor are expenses incurred during manufacturing process which are not directly, some logistics cost can be here.
Direct labor are charged directly in production such as cost of resources. They are recorded in the company overall spending called overhead cost.
Therefore, Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.
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The element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as Place
<h3>What is marketing mix?</h3>
The marketing mix relates to the collection of steps or strategies employed to sell the brand or commodity on the market by an company.
Elements of marketing mix include:
- Place
- Price
- Promotion
- Product
Hence, the element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as the place.
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Answer:
this one's a head scratcher. I believe it's a or b. hope that helps a little :)
micro economics deals with industry competitive forces.. all other factors are macro economics
Answer:
Consider the following calculations
Explanation:
Step 1. Given information.
Asset Cost Adjusted Basis
--------------------------------------------------
Skidder 230,000 40,000
Driller 120,000 60,000
Platform 620,000 0
-------------------------------------------------
Total 970,000 100,000
Step 2. Formulas needed to solve the exercise.
Allocation for each asset = value sold * (adjusted basis / total)
Gain on sale = Sales price - Adjusted basis amount
Step 3. Calculation and Step 4. Solution.
Sales price is allocated on the basis of adjusted value.
- Skidder = 300.000 * 40.000/100.000 = 120.000
- Driller = 300.000*60.000/100.000 = 180.000
- Platform = 300.000*0/100.000 = 0
Gain on sale = Sales price - Adjusted basis amount
= 300.000 - (40.000 + 60.000 + 0)
= 200.000
