Answer:
True
Explanation:
A retention of title clause within a contract of sale essentially means that ownership remains with the supplier, until full payment for the goods has been received. That is the seller of a particular product still holds full custody of his goods until the buyer fully pays for the goods.
Answer:
1. Under command-and-control regulation, the government will sometimes specify the technology that firms must use in production. TRUE, e.g. currently the US government banned Huawei from providing 5G technology in the US due to security concerns even though that provides the best 5G technology in the world.
2. The government may decide on a specific amount of pollution that firms can legally emit. TRUE, the EPA sets the standards and companies must follow them, whether they are too high or too low maybe subject to an extensive debate.
3. A limitation of a command-and-control regulation is that firms have no incentive to remove pollution once they are within the legal pollution limits. TRUE, if the company is complying with current regulation, then that is all it needs to keep functioning without any problem.
4. Command and control situations are always the best option when it comes to reducing the amount of pollution. FALSE, when is the government or Congress the most efficient at doing something. Efficiency is not a characteristic of any government entity.
5. Command-and-control is more flexible than market-based regulation. FALSE, the terms command and control should give you an idea that government intervention can be anything but flexible.
6. A command-and-control regulation is subject to political considerations. TRUE, command and control regulation is set up by government agencies or Congress and both are political entities by definition. E.g. some governments impose harder environmental controls through the EPA, others impose softer or no controls at all.
Answer:
Compute overhead applied and the under- or overapplication of overhead for the period
Budgeted Rate = $1,600,000/ 400,000 machine hours
= $ 4 per Machine Hour
Overheads Applied = 390,000 × $ 4 per Machine Hour
= 1,560,000
Actual Overheads = 1,575,000
Less Applied Overheads = 1560,000
Under- Applied = 15,000
Explanation:
<u>Overheads are Applied as follows:</u>
Actual Activity for the period × Budgeted Overhead Rate
<u>Budgeted Rate is determined as follows:</u>
Budgeted Total Overheads/Budgeted Activity
<u>Under- or Overapplication of overhead is determined as follows:</u>
Actual Overheads - Applied Overheads
Under Application is therefore : Actual Overheads > Applied Overheads
Over Application is therefore : Actual Overheads < Applied Overheads
The Davis family grows organic vegetables to sell at a local farmer’s market. Which are factors that directly affect their profit?
Answer: Since there are no options to select from I will mention the most important key factors that should be taken into consideration when you are growing organic vegetables. The field site selection is one. Field topography and finally management of soil in selection and quantity.
I hope it helps, Regards.
