6. Job time ticket – the second cost category of manufacturing firms is the direct labor employed. A job time ticket is used to record how much time is spent on a
particular job. When a particular job is started, the employee fills the time the job
is started on the job time ticket, and he punch out the card and fills the time he
stopped when he left the job. Suppose analysis of the job time ticket showed
direct labor of 9,600.00 and indirect labor of 4,800.00, the journal entry to record
the cost of direct and indirect labor looks like the following:

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively

As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm.b. implicit costs.c. operating costs.d. fixed costs.

The discussion of the standards for selection of peanuts that will be used in m& ms and the placement of the m& m logo on the candies speaks to which building block of a sustainable competitive advantage: