Answer:
b. It has higher worker skill requirements.
Explanation:
In a process layout or functional layout, all machines and equipment of same functional use or type are placed in a particular and distinct department from machines and equipments of different functional use or type. In simple words, one type of machines are placed in a different space together. For instance, welding machines are together placed in welding department, grinding machines and equipment are placed in grinding department and so on.
Process layout uses the equipments and machines that are already within the process, it just places it differently and no specialized equipment are needed.
Machines and equipments require high and long term investments and the machines and equipments used in process layout are exactly the same.
Answer:
See below
Explanation:
A. Predetermined overhead
First, we all calculate total overhead cost at the denominator level
Total overhead cost = total fixed overhead + total variable overhead
= $250,000 + (40,000 × $2)
= $250,000 + $80,000
= $330,000
Predetermined overhead rate = Total overhead cost at the denominator level / Budgeted standard direct labor hour
= $330,000 / 40,000
= $8.25
B. Overhead applied
= Standard direct labor hour allowed for actual output × Predetermined overhead rate
= 38,000 × $8.25
= $313,500
I guess the correct option is letter C.
Current liabilities = $11,700 - $5,000 - $3,500 = $3,200
Therefore,
Current assets = $3,200 + $1,400 = $4,600
Supply and demand! The prices will rise until the supply will reach the demand.
Answer:
4) A global brand uses the same product formulation or service concept across multiple countries and cultures.
Explanation:
We use the term global brands to refer to brands that are sold almost everywhere and the companies that sell them use the same or similar marketing strategies in all the countries that they operate in. And the products themselves are very similar or identical in all the countries. E.g. Coca Cola is the most global multinational corporation and its brands are sold virtually in all the world (except for Cuba and North Korea), but Coke is basically the same product everywhere and the name only changes due to language differences.
