Sludge, Inc

question 119

Multiple Choice

Sludge, Inc. has an ending work in process inventory of $180 and an ending finished goods inventory of $300. Cost of goods manufactured was $630, and cost of goods sold $540. Production costs incurred during the period were $620. What are the beginning inventories for work in process and finished goods, respectively?

• A) $l70 and $390
• B) $190 and $210
• C) $270 and $390
• D) $170 and $210

Identify measurement issues in accurately measuring poverty and define labor market discrimination.

Discuss the rationale, benefits, and criticisms of universal basic income (UBI) and summarize major provisions of welfare reform, notably Temporary Assistance for Needy Families (TANF).

Understand the impact of agricultural subsidies and policies on farming economics.

Identify the effects of market dynamics on agricultural prices and farm incomes.

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Definitions:

KSAOs

The knowledge, skills, abilities, and other characteristics that are necessary for a person to perform well in a job. Also referred to as job specifications, KSAOs are derived from job analysis.

Job Specifications

A detailed description of the qualifications, skills, and experience required to perform a specific job.

Abilities

The natural or acquired skills and talents that individuals possess, which enable them to perform specific tasks effectively.

Human Capital Stock

The collective skills, knowledge, and abilities that employees bring to their workplace, considered an asset to the organization.