Answer:
$101,000
Provided
Opening Material = $55,000
Add: Raw Material Purchases = $93,000
Less: Closing Material = ($47,000)
Net Direct Material Cost = $101,000
Note: This further cost provided of Manufacturing overheads is not to be considered as this is not material cost, and cost of overheads.
Answer:
The franchise organization model offers the franchisee the ability to grow under a common brand and share in the benefits of a larger group of business owners. ... Training from successful business operators. A lower risk of failure and/or loss of investments than if you were to start your own business from scratch.
Answer: Import Quota
Explanation:
A quota is defined as a government-imposed limit that is placed on trade whether import or export so as to control goods and services that enter or leave the country. we have different typos of quota but we will talk about the
Import Quotas --- To reduce competition faced by local products, government places import quotas on import goods so as to prevent the flood of foreign goods in the market which most times are cheaper than local goods as they are mostly produced with cheaper labor than the domestic products .
A. Wages is the general term for the payments for the use of resources
