When a business is able to grow by exporting its products around the world, it can frequently attain larger economies of scale, which leads to reduced unit costs.
A company's production unit cost often goes down as it grows. This reduction is the result of economies of scale. By employing the least expensive production techniques, profits will be maximized.
Consumers' prices are lowered as a result of lower cost-per-unit, which increases their real wages overall and makes it easier for them to locate affordable goods.
Businesses from one country offer their goods and services to clients or consumers in another country through the exporting process.
When a company produces more goods at a larger scale while paying less money on average per unit of output, this is a phenomenon known as economies of scale.
Learn more about economies of scale here:
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I believe the answer is D!
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<span>A: breach
because a breach is breaking or failing to perform a duty or observing a law.
I hope this helped ya :)</span>
Answer: Option C
Explanation: Planning in management refers to the process in which the managers focuses on determining the goals of the company and ascertaining the need of resources needed to achieve those goals. It is the first step in the management process.
It is focused on allocating the resources to different departments and sections as per the needs, so that the objectives of the organisation could be achieved.
Thus, from the above we can conclude that the correct option is C.
Answer and Explanation:
The journal entries are shown below:
a.
Work in process inventory ($4,640 + $5,510 + $6,612 + $12,760 + $18,270) $47,792
Factory Overhead $12,500
Factory Wages $60,292
(being the factory labor cost is recorded)
b.
Work in process inventory ($47,792 ÷ 29 × 23) $37,904
To Factory Overhead $37,904
(being the factory overhead applied to production is recorded)
