Answer:
B. Is easier to train new employees
Explanation:
Employment specialization is characterized as a procedure of appointing a lot of individuals or people who have extraordinary aptitude in a specific zone to finish the work and train other employees. Job specialization is an effective way that helps to train new employees. It is an effective way to help new employees to work efficiently and effectively.
Answer:
1.) Business cycle/ True
2.) True
3.) The unemployment rate declined
Total real income increase
Explanation:
Business cycle can be explained as the rise and fall in production output of goods and services in an economy. Business cycle are generally measured using the rise and fall in the gross domestic product(GDP), either nominal or adjusted for inflation. Business cycle is closely related to the economic cycle and trade cycle.
Every nation's economy fluctuates between periods of expansion and contraction. These changes are caused by levels of employment, productivity, and the total demand for and supply of the nation's goods and services. In the short-run, these changes lead to periods of expansion and recession. But in the long-run, economic growth can occur, allowing a nation to increase its potential level of output over time.
In 1950, during the experience in increase in real GDP, U.S had about 8.7% increase in growth, a declined rate of unemployment to about 4.3% with the inflation rate of 5.9% , this era was considered to be expansion and korean war.
Answer:
Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.
Explanation:
The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.
Answer:
B) $30,500
Explanation:
Calculation for Kapanga's work in process inventory balance at the end of October
First step is to calculate the Variable Overheads
Variable Overheads = 150% × $5,000
Variable Overheads = $75,000
Now let calculate work in process inventory balance using this formula
Work in process inventory balance = Direct Material + Direct Labor + Variable Overheads
Let plug in the formula
Work in process inventory balance= $ 18,000 + $ 5,000 + $ 7,500 = $ 30,5000
Work in process inventory balance= $30,500
Therefore Kapanga's work in process inventory balance at the end of October will be $30,500
