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4 years ago

How do basic level occupation help society

Business

1 answer:

wel4 years ago

6 0

Answer:

A job, employment, work or occupation, is a person's role in society. More specifically, a job is an activity, often regular and often performed in exchange for payment ("for a living"). Many people have multiple jobs (e.g., parent, homemaker, and employee). A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent. The duration of a job may range from temporary (e.g., hourly odd jobs) to a lifetime (e.g., judges).

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Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. U

jeka57 [31]

Answer:

cost per unit = $28.50

Explanation:

given data

beginning inventory amount = 0

Units produced = 25,000 units

Direct materials = $9 per unit

Direct labor = $11 per unit

Variable overhead = $75,000

Fixed overhead = $137,500

solution

we know that Under all absorption cost, all the type of cost is fixed or variable

so that we get cost per unit of finished goods that is

cost per unit = Total cost ÷ units produced ..............1

here

total cost = direct material + direct labor + variable overhead + fixed overhead ......................2

put here value

total cost = $9 × 25,000 units + $11 × 25,000 units + $75,000 + $137,500

total cost = $225,000 + $275,000 +$75,000 + $137,500

total cost = $712,500

so put here value in equation 1 we get

cost per unit = $712,500 ÷ 25,000

cost per unit = $28.50

so the cost per unit of finished goods under absorption costing is $28.50

7 0

4 years ago

How would a decrease in the price of the feed grains used to feed cattle affect the market for beef? a. The demand for beef woul

denis23 [38]

Answer: The supply of beef would increase, decreasing beef prices.

Explanation: if there is a decrease in the price of the feed grains used to feed cattle, it would leads to an increase in the supply of beef in the market and consequently decrease the price of beef in the market. It would result to an increase in the supply of beef because the cattle rearers would have enough feeds for the cattle which will make them grow faster.

5 0

4 years ago

The following national income data are in billions of dollars.

navik [9.2K]

Option C ($305 million) is the correct answer.

Explanation:

GDP = GNP - Net foreign factor income

GNP can be calculated by using the following formula

GNP (FC) = NNP (FC) + depreciation

NNP (FC) = 300, thus the depreciation is as follows:

Depreciation = Gross private domestic investment - Net private domestic investment

= 55 minus 40 = 15

Now, we can calculate GNP (FC) by substituing the values into the formula

GNP (FC) = 300 plus 15 = 315

Now, we can calculate GDP by by substituing the values into the formula.

GDP = 315 minus 10 = 305

Thus, the value of U.S. GDP is $305 billion

Therefore, the correct answer is option C

4 0

3 years ago

U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0)

MatroZZZ [7]

Answer:

$f(t) = \int 0.82 t +1.14 dt$

$f(t) = \frac{0.82}{2}t^2 +1.14 t +C$

Where C is a constant, now using the initial condition we got:

$f(2)= 5.9 = 0.41 (2)^2 + 1.14*2 +C$

And solving for C we got:

$C= 5.9 -0.41(4) -1.14*2 = 1.98$

And the function desired for the advertising revenue would be given by:

$f(t) = 0.41t^2 1.14t +1.98$

With f the amount in billions and the the years since 2002 to 2006.

Explanation:

For this case we have the following function who represent the revenue grew rate:

$r(t) = 0.82t +1.14 , 0 \leq t \leq 4$

And we want to calculate the Advertising revenue so we need to integrate the function r(t) and we can use the inidital condition t=0 , f(2)= 5.9 billion.

If we integrate the function we got:

$f(t) = \int 0.82 t +1.14 dt$

$f(t) = \frac{0.82}{2}t^2 +1.14 t +C$

Where C is a constant, now using the initial condition we got:

$f(2)= 5.9 = 0.41 (2)^2 + 1.14*2 +C$

And solving for C we got:

$C= 5.9 -0.41(4) -1.14*2 = 1.98$

And the function desired for the advertising revenue would be given by:

$f(t) = 0.41t^2 1.14t +1.98$

With f the amount in billions and the the years since 2002 to 2006.

5 0

3 years ago

Over the past year, the current assets account on the common-size balance sheet of a firm has decreased, while the current liabi

Free_Kalibri [48]

Answer:

Decreased

Explanation:

Liquidity or current ratio = Current Assets / Current liabilities

If the current asset has been decreased and the current liabilities has been increased then the answer would be higher than before.

The current ratio tells the same and the only difference written above and in current ratio is that the above mentioned Answer is conceptual based whereas current ratio uses numerical values of current assets and current liabilities written in the balance sheet.

Current ratio tells us that whether or not the company is able to meet its short term liabilities (Current Liabilities) using its short term asset (Current Assets).

Remember that the current assets are the assets that are convertible to cash within next 12 months. Whereas current liabilities are the liabilities which we have to pay in cash within the next 12 months.

3 0

3 years ago

How do basic level occupation help society​

How do basic level occupation help society