Specialization is a method of production whereby an entity makes a specialty of the production of a limited scope of products to advantage a greater degree of performance.
The benefits of specialization consist of: a larger amount of goods and offerings that may be produced, progressed productiveness, production beyond a kingdom's manufacturing possibility curve, and sources that may be used more effectively. Specialization also can result in a comparative gain.
International locations specialize, this alternative creates gains from trade. The advantages of specialization encompass a bigger amount of products and offerings that may be produced, stepped forward productivity, production beyond a country's production opportunity curve, and ultimately, assets that can be used more correctly.
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Answer: A. Impossibility of performance
Explanation:
Impossibility of contract is a doctrine where by a contract is rendered invalid on the bases of uncontrollable circumstances which renders performance of contract impossible. Impossibility of performance can be difficult to prove.
Answer:
the conversion cost is $58,200
Explanation:
The computation of the conversion cost is shown below:
The conversion cost is
= Direct Labor + Manufacturing Overhead
= $32,800 + $25,400
= $58,200
Hence, the conversion cost is $58,200
It is the combination of the direct labor and the manfacturing overhead
Answer: $75,000
Explanation:
Net Cash inflow refers to the actual cash that came into the company less the cash that went out.
Net cash inflow = Cash inflow - Cash outflow
= Cash from sales + Cash from receivables collection - cash wages
= 70,000 + 35,000 - 30,000
= $75,000
Answer:
Yes, this could be considered insider trading.
Explanation:
Insider trading refers to activities carried out in order to benefit from confidential information about publicly traded corporations. Generally speaking, those activities involve buying or selling stocks before some important information is known by the public.
In this case, Donna as corporate director knew that the financial statements would disappoint and therefore the stock price would fall. So she decided to sell her stocks before the public knew about the lower profits, or lower sales, etc.. Then after the stock price fell, she decided to purchase stocks again at a much lower price.
