The economic term scarcity is most often used to refer to what

Indentures usually bound indentured servants for periods of from five to seven years. question 3 options:

OLEGan [10]

Hey There!

Here is your answer:

Your answer is: False!

Indentured servants are slaves that are working to pay off debt. Which means indentured servants can work more than 7 years you pay off debt for whatever they own to the person!

Your answer is False!

Hope this helps!

3 0

3 years ago

Which best describes the role of financial planning?

Natasha_Volkova [10]

Investing and saving

8 0

3 years ago

The Industrial Revolution was characterized by a(n) Group of answer choices migration of manufacturing jobs from the Midwest and

Komok [63]

The Industrial Revolution was characterized by the increased emphasis on production which resulted to a longer hours and less job security for most workers.

<h3>What is an Industrial Revolution?</h3>

This was a period that experienced a rapid development of industry because of the introduction of machinery.

The Industrial Revolution was characterized by use of steam power, growth of factories, mass production etc

Therefore, the Option A is correct.

Missing options "A. increased emphasis on production, resulting in longer hours and less job security for most workers.

B. migration of manufacturing jobs from the Midwest and Northeast to the South as firms began locating in areas where labor costs were lower.

C. rapid improvement in the wages and working conditions of most workers, resulting in a decline in the need for labor unions.

D. movement away from scientific management, and a greater acceptance of the ideas of Herzberg and Maslow."

Read more about Industrial Revolution

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6 0

2 years ago

Fairlawn Partners Consulting is a management-consulting firm that provides its expertise to businesses that employ its services.

Romashka-Z-Leto [24]

Its gross profit could be identical to its net revenue. There might not be a cost of goods sold in a service business. There is no distinction between net revenue and gross profit in this instance.

<h3>What are businesses?</h3>

The practice of earning a living or generating revenue via the production, acquisition, and sale of items is known as business (such as goods and services).
Additionally, it includes "any activity or enterprise undertaken for profit."
The owner of the business is responsible and liable for any obligations made by the business since the business entity is not legally distinguished from the owner by the use of a business name.
If a firm accrues debt, creditors may seize the owner's personal property.
Corporate tax rates are not permitted in a firm structure.
All business income is subject to personal taxation for the proprietor.

<h3>What is Management?</h3>

Management (or managing) is the process of overseeing the operations of a company, nonprofit, or governmental entity.
It is both the science and the art of managing a company's resources.
Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals through the use of available resources, such as financial, natural, technological, and human resources, are included in management.

Learn more about businesses here:

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8 0

1 year ago

Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the produ

True [87]

Answer:

C) $25,177

Explanation:

Spoiled units = (22,300 units + 76,400) - (72,900 units + 19,000)

=$98,700units -$91,900 units

= 6800 units

Normal spoilage = 5% × 72,900 units

= 3,645 spoiled units

Abnormal spoilage = 6800 units - 3645 units

= 3,155 units

Direct Materials ,Conversion Costs

WIP, beginning inventory$156,000$77,200

Costs added

during period 224,400 299,000

Total cost to account for 380,400 376,200

Divide by equivalent units*98,700 91,100

Equivalent-unit costs $3.85 $4.13

Equivalent unit

Direct Materials: 22,300 + 76,400 = 98,700 units

Conversion Costs: 72,900 + (19,000 x 60%) + 6800 = 91,100 units

Total cost per equivalent unit = $3.85 + $4.13 = $7.98

3155 units × $7.98 = $25,177

Therefore the cost allocated to abnormal spoilage using the weighted-average process-costing method will be $25,177

4 0

2 years ago