Answer:
work or job specialization
Explanation:
Work specialization is based on the division of labor, i.e. dividing the work activities into smaller separate tasks. Each worker is responsible for performing only one or a few separate tasks and by doing so will specialize in its performance. As he workers specialize in performing certain tasks, overall efficiency and total output should increase.
Answer:
2.56 years
Explanation:
Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.
payback period = amount invested / cash flows
cash flows = $510,000 - $360,000 = $150,000
$384,000 / $150,000 = 2.56 years
The answer is
debit work in process inventory $212,000; credit factory wages payable $212,000.
Answer:
The correct answer is C) 150,000 board feet.
Explanation:
In order to meet domestic demand, Norway must import the goods produced in other countries, which means that there is no price increase due to the shortage of the good.
If Norway only produces 50,000 board feets and the demand is 200,000, then it will be forced to introduce the missing amount that comes from other countries.