Answer:
They both are equal
Explanation:
Total production of a country is known as a gross domestic product which is the market value of all the good produced in a country in a specific period of time. These goods and services help a country to generate income. If 100 is the total production of a country it means the total income of a country will be generated based on these 100 units.
Answer: a. an offshore facility.
Explanation:
Offshore in this scenario refers to activities in another country therefore an offshore facility would be one that supplies markets located in countries outside the country the facility is located.
These facilities are able to supply other countries with materials because they do it at such a low enough cost that the countries they supply to buy from them instead of their own countries. This is how most Newly Industrialized Countries came to be.
Answer:
Costs of Goods Manufactured
Explanation:
Im production raw materials are purchashed and put in to the factory to make goods. The first stage is work in progress (unfinished goods), then finished goods, finally the finished goods are sold.
So the schedule that is based on work in progress inventory (WIP) is the finished goods that is produced from WIP.
Answer:
Total Revenue amounts to $3,750,000 of Shape magazine
Explanation:
The total amount of revenue would be computed as below:
Total Revenue = Number of Copies that are sold × Price Per Copy
where
Number of copies being sold is 1,250,000
Price per copy is $3
By putting the values in the above formula:
Total Revenue = 12,50,000 × $3
= $3,750,000
