The average annual economic growth rate in Singapore over the 22.00 years from 1957 to 1979 was 3.20%.
<h3>What is
average annual economic growth rate (AAGR) ?</h3>
The average annualised return of a portfolio, asset, or cash flow over time is known as the average annual growth rate, or AAGR.
The basic arithmetic mean of a set of returns is used to calculate AAGR.
Calculation for average annual economic growth rate:
Real per capita GDP in Singapore in 1957 was about $400 and it doubled to about $800.00 by 1979 over the period of 22 years.
Growth rate = 
The last value = $800
The initial value = $400
n = number of years
Growth rate = 
= 
= 1.032 - 1
= 0.032
Growth rate % = 0.032×100
= 3.2%
Therefore, the growth rate in Singapore over 22 years are 3.2%.
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The Correct Answer is (c) Only employees of a particular skill (craft union) or work (industrial union) which is Option C.
Craft unions organize workers along occupational lines and Industrial unions join everyone who works for one employer, or one industry, into one union
The certification process formalizes the collective bargaining relationship. Once a union is certified for a group of employees, the union becomes their exclusive bargaining agent. Unless the bargaining unit is later decertified, the employer is required to bargain in good faith to reach a collective agreement.
<h3><u>What is NLRA and its purpose.?</u></h3>
- National Labor Relations Act - The NLRA protects workplace democracy by providing employees at private-sector workplaces the fundamental right to seek better working conditions and designation of representation without fear of retaliation.
- The NLRA applies to most private sector employers, including manufacturers, retailers, private universities, and health care facilities.
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Correct Question - The certified union for a bargaining unit is granted an exclusive right under the NLRA to represents
A) All non-management employees within the company
B) All union employees
C) Only employees of a particular skill (craft union) or work (industrial union)
D) All employees in that unit, union, or nonunion
B. Raw Materials
All states were scavenging for the right material to manufacture goods for their factories
Answer:
$19,600
Explanation:
Using the FIFO method, only 25% of the inventory should be valued at full cost (conversion + materials), while the remaining 75% of the 5,600 units should be valued only at the materials cost, since conversion is still required. The total cost assigned to ending work in process inventory is:
The total cost is $19,600.
<span>Take the required information from the question,
Beginning work in process inventory 61,500
Cost of direct materials requisitioned 91,300
Direct labor incurred 125,000
Cost of goods manufactured 287,000
Cost of goods sold 265,000
Manufacturing overhead rate 125%
Calculating the total labor that is incurred = 125000 x (125/100) = 125000 x 1.25 = 156,250
Process inventory balance at the end = add all the used inventory costs and subtracting the cost of manufactured costs
= $156,250 + 125,000 + 61,500 + 91,300 - 287,000 = $147,050</span>
