<u>Explanation:</u>
The Bangkok treaty of 1901 contains the agreement between Britain and Bangkok to build a railways between Siam and Malayan. Britain was ready to loan a value of 4 Million pound with an interest of 4%.
Also according to the agreement Siam has given the control of four states Kedah, Kelantan,Trengganu and Perlis to Britain. The debts of these four states were borne by Britain. Even financial advisory by Britain did not improve these states. This treaty created a better Siamese and Britain relationship.
Answer:
Total direct labor cost= $80,000
Explanation:
Giving the following information:
Labor costs incurred during a recent period were:
corporate executives, $100,000
assembly-line workers, $80,000
security guards, $18,000
plant supervisor, $30,000
<u>A labor cost is categorized as direct labor when it can be directly traced to the product line, meaning to a specific product.</u>
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In this case, the only direct labor cost is the assembly-line workers.
The security guards and plant supervisors are indirect labor, categorized in manufacturing overhead costs.
Total direct labor cost= 80,000
Answer:
C : $50,050
Explanation:
Budgeted sales: $400,000
Budgeted Comission expense: $16,000
Budgeted shipping expenses: $4,500
Budgeted marketing costs: $12,000
Budgeted utility bills: $750
Budgeted depreciation expense: $8,800
Budgeted bad expense: $8,000
The sum of all those expenses is $50,050.
The totality of the expeneses listed in the question are part of the budgeted income statement, except for the budgeted revenue, because it is obviously not a expense.
Answer:
The most severe constraint that anyone faces is time, the day has 24 hours, a week has 7 days and the year has 365 days. No matter how big or small a company is, time is the same for all. E.g. a factory has to build 10,000 units of good X for next week, they must do it before the due date. If the factory is shut down for any reason at all, e.g. lights go out, they will have to work overtime.
Two of the other constraints are basically related to capital: equipment and facilities. No matter how rich a person is or how big a company is, they have a certain amount of money, they cannot own it all. Only governments own machines that print money, and even they face strict regulations regarding how much money they can print. You need money to buy more equipment and build larger facilities, or if you do not have enough money, you will have to work overtime or eventually not be able to produce the output that you wanted. A facility has a certain level of maximum production, the same for a machine or equipment, and you cannot make it work over that level. E.g. a machine produces 10 units per hour, so it will not be able to produce 100 units per hour, nor 20 nor 40, not even 11.
Labor constraints refer to the total amount of labor supply available. E.g. all you need to do to understand the shortage of certain qualified labor is look at the amount of job vacancies in the high tech, computer and software industries. There are hundreds of thousands of vacant jobs around the world which cannot be filled simply because there are not enough qualified people. That is also the reason why careers in these industries are paid higher than average wages.
Unable to achieve competitive advantage because of Cost leadership.
Explanation:
Competitive strategy refers to a manner in which rivalry between rivals can be created. The benefit for the consumer is improved by both lower prices and more advantages and services which support higher pricing.
In general, there are four possible ways for a company to differentiate–becoming the cost leader in a small or wide range of business activities (i.e., being the cheapest producer in the industry), and becoming a differentiation leader (i.e. competing in areas other than price valued by customers).
The selection of a competitive strategy for administrative, company and goods and/or services growth is an important development technique.