Both Carnegie and Rockefeller
were the biggest businessmen and the riches in the 20th century. After
all their great amount of profits garnered, both had individually decided to embark
in a journey of charities. Carnegie had charity contributions that were made
into school such as the Carnegie Institution, Tuskegee Instituion, and a lot
more. He was dubbed as the patron saints of libraries and decided to set up
more charitable foundations. Rockefeller on the other had a lot of charities
and activities that gave away his excess money into charitable causes. He too
had built schools by starting to build University of Chicago.
But with all their
charitable and business contributions, I would say I like Carnegie more because
it gave away of a lot of technologies we know of today and he is working on a
principle he deeply believes in that after gaining your wealth you should contribute
this wealth for the general welfare. However, Rockefeller too was great and
focused his contributions on public service.
Answer:
$219,000
Explanation:
For computation of cost of goods manufactured for May first we need to find out the total manufacturing cost is shown below:-
Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead cost applied to Work in Process
= $60,000 + $90,000 + $64,000
= $214,000
cost of goods manufactured for May = Total manufacturing cost + Beginning work in progress - Ending work in progress
= $214,000 + $20,000 - $15,000
= $234,000 - $15,000
= $219,000
Answer:
China exports a lot of cars, but the reason it is a major part of the auto industry is because it exports a lot of parts.
Explanation:
This one
With sales of 9,000 units, contribution margin per unit of $32 and fixed costs total of $120,000, Lance's profit is $168,000.
<h3><u>
What is contribution margin?</u></h3>
- A gross or per-unit basis might be used to express the contribution margin.
- It indicates the additional revenue made for each product or unit sold after the variable element of the business's costs have been subtracted.
- The selling price per unit less the variable cost per unit is the contribution margin.
- The metric, also known as dollar contribution per unit, shows how a specific product affects the company's overall earnings.
Contribution margin offers a means of demonstrating the potential for profit of a specific product being offered by a business and displays the percentage of sales that goes toward paying the business' fixed costs. Profit is the amount that remains after fixed expenses have been paid.
Number of units sold = 9,000.
Contribution margin per unit = $32.
Expenses = $32 × 9000 = $2,88,000.
Profit = $2,88,000 - $120,000 = $1,68,000.
Know more about contribution margin with the help of the given link:
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Answer:
The correct answer is letter "D": intentional infliction of emotional distress.
Explanation:
Intentional infliction of emotional distress or IIED is a common law applied when an individual causes emotional distress to another person intentionally by behaving inappropriately. Intentional infliction of emotional distress is usually accompanied by physical injuries.