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3 years ago

Classify technical education with example?

Business

1 answer:

german3 years ago

7 0

Answer:

A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.

A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.

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Lund Company applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost. Any under o

BartSMP [9]

Answer:

A. $5,250

Explanation:

As for the provided details we have,

The total cost of work in process on 31 March = $14,000

In this amount included as cost of direct labor = $5,000

This means the remaining amount $14,000 - $5,000 = 9,000 relates to cost of direct material and cost of manufacturing overheads.

Also provided that manufacturing overheads are applied using the predetermined rate of 75% of direct labor.

Thus, amount charged to work in process inventory for manufacturing overheads shall be $5,000 direct labor cost $\times$ 75% = $3,750

Thus, direct material cost in work in process = $14,000 - $5,000 - $3,750 = $5,250

3 0

3 years ago

Group Viewer LLC, a software company, used to provide profit sharing plans for its employees. After organizational restructuring

disa [49]

Answer:

d. It provided organizational incentives; now it provides individual incentives

Explanation:

Group viewer have the profit-sharing plan that could be provided the incentive of an organziation to the employees. This plan should be applied sometimes. Now if the commission is changed for each and every employee so it should be an individual incentive

Also the profit-sharing plan should not be either an individual or group incentive but the same should be the part of the organization

Therefore the option d is correct

5 0

3 years ago

Regional trade agreements In the following table, indicate whether each statement about regional trade agreements is true or fal

trasher [3.6K]

Answer:

A. True

B. True

C. True

D. True

E. False

F. True

Explanation:

It is true that under regional trade agreements, several countries eliminate tariffs among themselves and lower tariffs against all other countries.

It is true that regional trade agreements are consistent with GATT's most favored nation principle. GATT is an acronym for General agreement on tarrifs and trade and most favoured nation (MFN) is a status or level of treatment accorded by one state to another in international trade. The term means the country which is the recipient of this treatment must nominally receive equal trade advantages as the "most favoured nation" by the country granting such treatment (trade advantages include low tariffs or high import quotas).

It is true that the countries in the European Union (EU) keep their own tariffs with the countries outside the EU. The EU trade agreement is basically to promote trade among EU countries, not necessarily to lower tariffs for non members.

US and China have a trade agreement which lowers tarrifs and US and Canada operate a Free Trade agreement (FTA) which seeks to eliminate all tarrifs on trade between the two countries. Therefore If China wants to sell a good to Canada, it can first export it to the United States, where the tariff is lower, and then ship it duty- free to Canada.

It is false that countries who enter into a free trade area agreement maintain a common schedule of tariffs with countries outside the agreement. The agreement does not cover trade among non members.

In customs union, rules of origin are not needed. Custom unions only considers where the good is shipped from and not the originating nation.

8 0

3 years ago

Employees who are paid to complete a task, such as build a house, are paid on a(n) _____ basis

Ghella [55]

I'm pretty sure it hourly

3 0

3 years ago

Beg. of Year End of Year Raw Materials Inventory $26000 $31,459 Work in process inventory $35000 $30,113 Finished goods inventor

Hunter-Best [27]

Answer:

COGS= $168,899

Explanation:

Giving the following information:

Beginning Raw Materials $26000

Ending Raw Materials $31,459

Beginning Work in process $35000

Ending WIP $30,113

Beginning Finished goods $14000

Ending Finished goods $28,663

Purchases of DM $73000

Direct Labor $43,853

Manufacturing overhead:

Indirect Labor $40000

Insurance on plant $10000

Depreciation - plant building and equipment $12,294

Repairs and maintenance - plant $4,987

Total= $67,281

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 35000 + (26000 + 73000 - 31459) + 43853 + 67281 - 30113= 183,562

Now, we can calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 14000 + 183562 - 28663= $168,899

3 0

3 years ago

Classify technical education with example?​

Classify technical education with example?