'The final step in recognizing the completion of production requires a company to debit Finished-Goods Inventory and credit Work-in-Process Inventory.
Production is the process of making or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to create outputs suitable for consumption, i.e. goods or products of value to the end-user or customer.
Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production is corn production.
The economist classifies the factors of production into his four categories: land, labor, capital and entrepreneurship. The first element of production is land, which includes all natural resources used to produce goods and services.
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Answer:
40th unit = 0.11 hr
80th unit = 0.06 hr
160th unit = 0.03 hr
Explanation:
Given :

Learning rate = 60% = 0.6 (r)
Now using the learning curve equation,

where b is
= -0.833
Now


= 2.5
For 40th unit

= 0.11 hrs
For 80th unit

= 0.06 hrs
For 160th unit

= 0.03 hr
Answer:
mining
Explanation:
Based on the information provided within the question it can be said that the industry that managed to accomplish this was the mining industry. This industry was the main push on bringing the west into the global economy, as the west mined precious metals such as gold which since there is only a fixed amount it is considered a very valuable commodity which would give those who had it a large capital. Also in order to mine the gold and other precious metals the companies needed a large number or laborers.
The single sum at the employment date would make her indifferent between the two options is: $72,867.
<h3>Single sum at the employment date</h3>
Using this formula
Single sum=Amount- received+ Present value
Let plug in the formula
Single sum=$30,000+($50,000/(1+0.08)²
Single sum=$30,000+($50,000/(1.08)²)
Single sum=$30,000+($50,000/1.1664)
Single sum=$30,000+42,867
Single sum= $72,867
Inconclusion The single sum at the employment date would make her indifferent between the two options is: $72,867.
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Answer:
E. Profit sharing
Explanation:
Employee benefits are the additional gains that employees enjoy in an organization in addition to their salaries.
There are different types of benefits that employers offer their employees.
Some of these are:
1. Medical benefits
2. Retirement benefits
3. Disability benefits
4. Insurance
5. Social security
E. T. C
Profit sharing is not an employee benefit so it is the odd 1 out of these options.