Answer:
Sustainability is how long a business can last or strive in the market while going about their responsibilities. Corporate social responsibility is doing business in ways that are beneficial and not harmful to the society or environment.
An organization cannot be good at both if they cannot balance their responsibilities toward their workers, society or government.
A company can be involved in the production of good products at low cost and yet they are involved in wasting natural resources and emission of carbon. Such a company is not environmental friendly and is not socially responsible.
CSR and sustainability go together these days. The relationship here is that if a company is able to benefit the society and environment, then it would be able to get increased output, a positive image and quite a good number of customer base would want to patronize them for being socially responsible.
The difference between them is that CSR takes the welfare of all parties into consideration, the society and environment inclusive. While sustainability does not consider all factors.
Answer: Quota
Explanation:
Quotas are a way of limiting the imports that a country receives. It works by placing a limit on the amount of a certain good coming into the country within a certain period of time. After the required quantity is reached, the country stops imports of that good until the next period.
The United States learnt a sharp lesson in oil dependence when in 973, Arab countries placed an embargo on the United States for supporting Israel and this caused economic crises.
Placing a quota on the amount of oil it can get from Saudi Arabia will help it reduce the chances of such an event occurring again.
Answer:
9,000 hours
Explanation:
Budgeted cash disbursements for factory overhead for December total
= $105,000
Total budgeted factory overhead for December:
= Budgeted cash disbursements for factory overhead + Depreciation per month
= $105,000 + 15,000
= 120,000
Variable Factory Overhead:
= Total budgeted factory overhead for December - Fixed Overhead
= 120,000 - 75,000
= 45,000
Budgeted direct labor time for December:
= Variable Factory Overhead ÷ Variable Factory Overhead rate per direct labor hour
= 45,000 ÷ 5
= 9,000 hours
Answer:
Unitary cost= $167.35
Explanation:
Giving the following information:
The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $481,900, variable manufacturing overhead of $3.00 per machine-hour, and 79,000 machine-hours.
Job A496:
Number of units in the job 20
Total machine-hours 80
Direct materials $ 870
Direct labor cost $1,740
First, we need to calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (481,900/79,000) + 3= $9.1 per machine hour
Now, we need to calculate the total cost per unit:
Unitary cost= direct material + direct labor + allocated overhead
Unitary cost= (879/20) + (1,740/20) + (80*9.1)/20= $167.35