the producer in this case sujid is gaining a little more money because then when the profit is increased he will get a little less money because then the people will buy it but the money will be less for the producer(s)
Answer:
c
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a. offshoring-------a brazilian clothing company opens a factory in indonesia to take advantage of lower labor costs.
Offshoring, the act of outsourcing tasks abroad, for the most part by organizations from industrialized nations to less-created nations, with the aim of diminishing the cost of working together. Boss among the particular explanations behind finding tasks outside an organization's nation of origin are bring down work costs, more tolerant ecological controls, less stringent work directions, ideal duty conditions, and vicinity to crude materials.
b. outsourcing------a u.s. clothing company buys shirts and pants from a clothing manufacturer in turkey.
Outsourcing is the business practice with regards to hiring a party outside an organization to perform benefits and make merchandise that generally were performed in-house by the organization's own representatives and staff. Normally done as a cost-cutting measure, it can influence employments going from client support to assembling to the back office.
c. insourcing-------a mexican clothing company opens a textile mill in the united states where it sells most of its products.
Insourcing is the initiation of playing out a business work that could be contracted out internally: either with the assistance of an outsider supplier who plays out the undertaking nearby, or by leading said errand independently. Very frequently it is viewed as inverse of outsourcing. Insourcing is a business choice that is frequently made to keep up control of basic creation or abilities. Insourcing is broadly utilized underway to lessen expenses of duties, work and transportation.
Answer:
The amount of manufacturing overhead allocated for the year based on machine hours would have been $268,087
Explanation:
For computing the manufacturing overhead amount, first, we have to compute the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= $238,700 ÷ 20,200 hours
= $11.81
Now the manufacturing overhead equal to
= Actual direct labor-hours × predetermined overhead rate
= 22,700 hours × $11.81
= $268,087
Explanation:
Suppose Mary is willing to pay up to $15,000 for an used Ford pick-up truck. If she buys one for $12,000, her ______ would be ______.
Select one:
a. benefit; $12,000
b. cost; $15,000
c. economic surplus; $3,000
d. economic surplus; $12,000
