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What impact did us entry intoworld war 1 have on labor and production?
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What are the strengths and weaknesses of the communist manifesto?
The Communist Manifesto remains controversial in political and economic discussions. It received praise for its insight into labor and production and championing proletariat rights, and is criticized for encouraging too much government control over economics.
What were the three ls of power in the 1500s?
land labor and loot
What board was created to settle labor disputes during the war?
National War Labor Board
What did the national War Labor Board do in World War 1?
It set wages and negotiated with labor unions.
What did the indentured servants receive for their labor?
nothing
What is the journal entry to record materials issued into production?
debit WIP Credit labor, Raw materials
The entry to record direct labor costs into production in a job order cost accounting system is?
debit factory overhead, credit wages payable
How does demand of labor affect the level of production?
it affects because labor is the main factor of production so that is to say no labor no production at all
What was the Production Budget for Labor Day?
The Production Budget for Labor Day was $18,000,000.
What is the differences between Fixed Direct labor with variable direct labor?
Direct labor which do not vary with level of production is fixed direct labor while labor vary with change in production is variable direct labor.
What are the problems of commercial grain farming?
Not only does commercial grain farming impact the livelihood of smaller farms; but, production can be impacted by limited labor as well as equipment failure.
What is labor intensive production?
it is yellow
What factor of production is a hammer?
Labor
Which one is NOT a Factor of Production?
Labor
A person delivering the mail is an example of which factor of production?
labor
What is the journal entry for WIP?
The journal entry for Work in Progress (WIP) involves debiting the Work in Progress account to reflect the cost of unfinished goods or services in production, and crediting the corresponding raw materials or labor accounts that contributed to the WIP. This adjustment helps to accurately track the value of inventory and production costs at any point in time.
What does labor directly contribute to production?
Human effort and ideas drive production
