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Annette [7]
3 years ago
7

1. business and exchange of goods by purchase, trade, or sale license 2. can be felt by touching, material commerce 3. authoriza

tion by law tangible 4. system of authority over a group of people federal 5. government formed by a union of smaller groups utility 6. public service such as gas, telephone, water, or electric power. government
Business
1 answer:
Marrrta [24]3 years ago
3 0

1. business and exchange of goods by purchase, trade, or sale----commerce


Commerce refers to the conduct of exchange among financial specialists. For the most part, commerce alludes to the trading of products, administrations or something of significant worth, between organizations or elements. From a wide point of view, countries are worried about overseeing commerce in a way that improves the prosperity of residents, by giving occupations and creating valuable products and services. Commerce ordinarily alludes to the macroeconomic buy and offer of merchandise and enterprises by substantial associations at scale.  


2. can be felt by touching, material-------tangible


Tangible is when you can touch something. "I require tangible confirmation that outsiders exist.

Tangible is from Latin tangere "to contact," and it just means something that can be contacted or felt, however it very well may be utilized in allegorical faculties: "tangible resources" have an esteem that can be unequivocally estimated, and "tangible  sorrow" can be obviously detected by a passerby. So you should not have to physically contact something for it to be substantial, yet it must be grounded regarding genuine realities: "Has the teenager pop star exhibited any unmistakable capacity to sing?"


3. authorization by law--------license  


A license is an official authorization or allow to do, utilize, or claim something (and also the report of that consent or permit).  

A license can be conceded by involved with another gathering as a component of an understanding between those gatherings. A shorthand meaning of a license is "an approval to utilize authorized material".  

Specifically, a license might be issued by authorities, to permit a movement that would some way or another be prohibited. It might require paying a charge or demonstrating an ability. The prerequisite may likewise serve to keep the specialists educated on a kind of movement, and to give them the chance to set conditions and confinements.  

4. system of authority over a group of people-----government


A government is the framework or gathering of individuals overseeing a composed network, frequently a state.

Government, regardless of whether we allude to the framework or establishments in task, the gathering of individuals in control, or the procedure being used, is the specialist that sets rules for a general public, causes its individuals identify with each other and to other people, and keeps it running easily, safely, and gently.


5. government formed by a union of smaller groups------federal


A federal government is an arrangement of isolating up power between a focal national government and nearby state governments that are associated with each other by the national government. A few regions of open life are under the control of the national government, and a few zones are under control of the neighborhood governments.  

Federal government systems normally have a constitution that determines what territories of open life the national government will take power over and what regions of open life the state governments will take authority over.


6. public service such as gas, telephone, water, or electric power--------utility  

Utilities (water, electricity and gas) are fundamental administrations that assume an essential job in financial and social advancement. Quality utilities are an essential for powerful neediness destruction. Governments are at last in charge of guaranteeing dependable all inclusive access of administration under responsible administrative structures. Expanded competition in the utilities areas as of late has involved changes in administrative systems and proprietorship structures of endeavors, notwithstanding business expansion.

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Byrd Company produces one product, a putter called GO-Putter. Byrd uses a standard cost system and determines that it should tak
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Answer:

Results are below.

Explanation:

Giving the following information:

Estimated direct labor hours= 135,000

Estimated varaible overhead= $337,500

Estimated fixed overhead= $540,000

<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Variable:</u>

Predetermined manufacturing overhead rate= 337,500/135,000= $2.5 per direct labor hour

<u>Fixed:</u>

Predetermined manufacturing overhead rate= 540,000/135,000= $4 per direct labor hour

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Search... Unlock all answers JOIN FOR FREE jswagballerlife4060 01/08/2020 Business College answered LO 5.3Direct material costs
Tomtit [17]

Answer:

$130,000

Explanation:

Calculation to determine the value of the inventory transferred to the next department

First step is to calculate the Cost per unit

Using this formula

Cost per unit = Direct material costs + Direct labor costs + Overhead

Let plug in the formula

Cost per unit=$3+$5+(100%*$5)

Cost per unit = $3 + $5 + $5

Cost per unit = $13

Second step is to calculate the inventory transferred using this formula

Inventory transferred = Beginning inventory + Started Inventory - Ending inventory .

Let plug in the formula

Inventory transferred = 2,000 + 9,000 - 1,000

Inventory transferred = 10,000 units

Now let calculate the value of the inventory transferred

Using this formula

Value of inventory transferred = Inventory transferred × Cost per unit

Let plug in the formula

Value of inventory transferred = 10000 × $13

Value of inventory transferred = $130,000

Therefore the value of the inventory transferred to the next department is $130,000

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What is it called when a company determines how much of a product to create.
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Answer:

- Forecasting

Explanation:

Forecasting is a technique used by businesses to determine how much of a good to produce.  Companies rely heavily on past sales volumes to forecast future productions.  Apart from past sales, firms also consider trends in the industry and the countries economic status.

Forecasting is also known as projecting as it involves a rational way of predicting future productions.

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