All categories

3 years ago

What kind of technology refers as local technology or indigenous technology ?

Business

1 answer:

GalinKa [24]3 years ago

7 0

Answer:

Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.

You might be interested in

A company's Cash account shows an ending balance of $4,600. Reconciling items included a bookkeeper error of $105 (a $525 check

aleksandrvk [35]

Answer:

$5,275

Explanation:

Bank Reconciliation Statement

Balance as per Cash Book $4,600

Add check error $105

Add unpresented checks $830

Less Lodgments not yet credited ($260)

Balance as per Bank Statement $5,275

therefore,

The adjusted Cash book balance is $5,275

6 0

2 years ago

Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising co

DerKrebs [107]

Answer:

Results are below.

Explanation:

Giving the following information:

Estimated overhead costs= $130,000

Total sales= 201,000 + 314,900 + 154,100= $670,000

First, we need to calculate the predetermined overhead rate:

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

Predetermined manufacturing overhead rate= 130,000 / 670,000

Predetermined manufacturing overhead rate= $0.194 per sales dollar

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

1= 201,000*0.194= 38,994

2= 314,900*0.194= 61,090.6

3= 154,100*0.194= 29,895.4

8 0

3 years ago

An electronics firm is currently manufacturing an item that has a variable cost of $0.50 per unit and a selling price of $1.00 p

Ne4ueva [31]

Answer:

Part (a) Should the firm buy the new equipment

The Firm Should not Buy the New Equipment since there is No Profit ( instead $1000 Profit lost) from this decision and is in a worse off position than before.

Part (b) should the company buy the new equipment and increase the selling price?

The Firm Should Buy the New Equipment since an incremental Profit of $ 1500 is expected from this decision.

Explanation:

Part (a) Should the firm buy the new equipment

Do Not Buy Buy New Equipment

$ $

Sales 30,000 50,000

Less Variable Cost 15,000 30,000

Contribution 15,000 20,000

Less Fixed Costs 14,000 20,000

Net Income 1,000 0

The Firm Should not Buy the New Equipment since there is No Profit ( instead $1000 Profit lost) from this decision and is in a worse off position than before.

Part (b) should the company buy the new equipment and increase the selling price?

Do Not Buy Buy New Equipment

$ $

Sales 30,000 49,500

Less Variable Cost 15,000 27,000

Contribution 15,000 22,500

Less Fixed Costs 14,000 20,000

Net Income 1,000 2,500

The Firm Should Buy the New Equipment since an incremental Profit of $ 1500 is expected from this decision.

5 0

3 years ago

Aiden just landed a new full time job with a great salary. He currently lives in Virginia, but his new job is in Oregon. One of

olasank [31]

Answer:

benefit in terms of monetary assistance for relocating as there will be huge cost incurred by Aiden in relocation, as this is also important to relocate as the distance is too much that daily travelling is not possible, and for him Oregon is a new city and finding an accommodation is itself challenging therefore, when company at-least reimburses such cost of relocation it turns easy and removes a burden for relocation. Further this cannot be considered as wage or perk as this is not regular in nature and will not occur permanently.

3 0

3 years ago

Concord Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developi

hoa [83]

Answer:

$8,586,000

Explanation:

market price for Littlelaser $100 per unit

units sold 106,000

total revenue generated by Littlelaser = $100 x 106,000 = $10,600,000

required investment = $8,056,000

since the investors require a return on investment of 25%, then the profits generated by Littlelaser should be:

ROI = net income / total investment

25% x $8,056,00 = net income

net income = $2,014,000

target cost = total revenue - net income = $10,600,000 - $2,014,000 = $8,586,000

total revenue $10,600,000

- total cost $8,596,000

net income $2,014,000

7 0

3 years ago

What kind of technology refers as local technology or indigenous technology ?​

What kind of technology refers as local technology or indigenous technology ?