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sashaice [31]
3 years ago
14

Impact sourcing, smart sourcing, was developed to provide opportunities for workers in less developed countries. Into three para

graphs explain how what specific purpose impact sourcing can be used in developed countries.
Business
1 answer:
GuDViN [60]3 years ago
8 0

Answer:

Explanation:

Impact Sourcing - outsourcing projects to other not very developed countries. The main reason is to develop and improve the less developed counties.  Impact sourcing aims to connect leas developed parts of the world to the global economy and bring the economic development.

In such way companies from developed countries who outsource can receieve good quality and low cost labour but at the same time help the least developed countires with fighting the poverty and employing the unemployed. Thus impact sourcing can benefit both developed and developing countries. Developed countries can cut costs and increase profits while developing countries can decrease their unemployment and increase economic level.

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3 years ago
The following data from the just completed year are taken from the accounting records of Mason Company:
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Answer:

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a) Schedule of Cost of Goods Manufactured:

Direct labor cost                        $80,000

Raw material purchases          $135,000

Manufacturing overhead

applied to work in process     $201,000

Cost of goods manufactured $416,000

b) Schedule of Cost of Goods Sold:

Cost of goods manufactured $416,000

Under-applied overhead            21,000

Cost of goods sold                $437,000

c) Income Statement:

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Cost of goods sold          $437,000

Gross profit                      $219,000

Selling expenses            $105,000

Administrative expenses  $41,000

Total expenses               $146,000

Net income                       $73,000

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a) Data and Calculations:

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Direct labor cost                $80,000

Raw material purchases $135,000

Selling expenses            $105,000

Administrative expenses $41,000

Manufacturing overhead

applied to work in process $201,000

Actual manufacturing

overhead costs                  $222,000

Under-applied overhead    $21,000 ($222,000 - $201,000)

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Explanation:

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