<span>This is the citizen-action public. In these cases, watchdogs and other advocacy groups looking out for the wellbeing of the public take companies and organizations to task for decisions that it determines are deleterious to the greater good. These groups can lead petition drives or voter initiatives, lawsuits or advertising campaigns, among other tactics.</span>
Answer:
TRUE
Explanation:
We currently live in a globalized world. Globalization is an economic and political phenomenon that has transformed the relations of production and labor. The companies started to produce in countries where the labor is cheaper, becoming consequently more competitive. Thus, US multinational companies outsource the manufacture of components of their products in different territories. For example, an Iphone has components made in China, Vietnam and others. This makes the final price of the iphone lower around the world.
Answer:
A) derived demand
Explanation:
The economic concept of demand is used to express the total amount of a good or service that is consumed. In the case of the car market, demand will be the total of cars bought by consumers. The concept of derived demand aims to explain the indirect demand for the inputs used in car manufacturing that occurs when consumers buy cars. The greater the demand for cars, the greater the demand for inputs, such as steel, for car manufacturing. Thus, the demand for steel from the demand for cars is a derived demand.
Answer:
Y= $18,194.05
Explanation:
This is a form of annuity that involves payment of equal amounts monthly for 5 years. These amount are made up of part of the interest and part of the principal.
Using the annuity formula
P= Y{1-(1/[1+r]^n)/r}
Where P = Initial loan amount
Y = yearly payment
r= interest rate
n= number of years
75,000= Y{1-(1/[1+0.068]^5)/0.068}
75,000= Y{1-(0.719689)/0.068}= Y{0.280311/0.068}
Y= 75,000/4.122227
Y= $18,194.05
Answer:
a) <u>Direct labor rate variance </u>
=5000*(22.75-24)
=-$6250 Favorable
<u>Direct labor time variance</u>
=24*(5000-800*6)
=$4800 Unfavorable
<u>Total Direct labor cost variance</u>
=(5000*22.75)-(800*6*24)
=-$1450 Favorable
b) Direct labor debited to Work in process
=800*6*24
=115200