Answer:
a) the South reaped all the profits from the cotton trade.
Explanation:
Cotton grown in the southern states of the US helped to start the industrial revolution in the United Kingdom and northern states in the US. Even though cotton was not grown in northern states, the factories that processed cotton were located there. The south provided the raw materials and the north provided the final processed goods.
Answer and Explanation:
The computation is shown below:
1. The standard direct labor hours per brake repairs are shown below:
Actual time spent 5 hours
Setup and downtime (5 hours × 11%) 0.55
Cleanup and rest periods (5 hours × 27%) 1.35
Standard direct labor hours per brake repair 6.9
2. For standard direct labor hourly rate
Wage rate per hour $10
Payroll Taxes ($10 × 10%) $1
Fringe Benefits ($10 × 25%) $2.5
Standard direct labor hourly rate $13.5
3. For the standard direct labor cost per brake repair
= 6.9 hours × $13.5
= $93.50
Based on the information given regarding Jensen Manufacturing Corp, it can be deduced that it's a partially disclosed principal.
A partially disclosed principal simply means a principal whose agent reveals that he has a principal but the true identity of the person isn't known.
From the information given, since Jensen Manufacturing Corp wants to buy land for a distribution center in a new industrial park near Oakland International Airport and made their offer in the name of Western Associates, LLC so as to not alert their competitors of the attempted purchase. This is a partially disclosed principal.
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