Answer:
The correct answer is (A)
Explanation:
The cost which is directly associated with converting materials into a finished product is known as direct labour cost. The cost of wages paid to employees is the direct cost involved in the manufacturing process. In other words, a cost that is directly involved in the production of goods and services is the direct cost, for example, direct cost, direct commission, direct material cost.
The sector that lost more jobs due to technological change is the Banking sector.
Technological improvement entails the advancement of technology in carrying out business activities supposed to be performed by employees.
The increase in use of software technology means that industries and jobs that relies on employees effort will now rely on computers.
Therefore, the sector which lost more job due to the technological changes is the Banking sector because more software technology are now used, thus resulting to lay-off of bank workers.
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Answer:
$42,680 under applied
Explanation:
The computation is shown below:
First, Calculate the predetermined overhead rate per hour which equals to
= (Estimated Overhead cost ÷ estimated machine hours)
= ($175,100 ÷ 25,600 hours)
= $6.84 per hour
So, the applied overhead equals to
= Predetermined overhead rate per hour × actual machine hours
= $6.84 per hour × 20,500 hours
= $140,220
So, the over/under applied overhead equals to
= Applied overhead - actual overhead
= $140,220 - $182,900
= $42,680 under applied
The above is referred as Comparative statements. A comparative statement is an archive that contrasts a specific budgetary proclamation and earlier period articulations or with the same monetary report produced by another organization. Examiner and business supervisors utilize the wage explanation, monetary record and income proclamation for relative purposes.
A. the car can be resold later to make some money back.