Answer:
Explanation:
The meaning of terms is shown below:
Direct material: The material which is directly related to the production process of the product is known as direct material
Direct labor: The labor who are engaged in production process of the product plus their wages is known as the direct labor
Manufacturing overhead: All the indirect cost related to manufacturing is known as manufacturing overhead i.e depreciation on factory equipment, the salary of supervisor etc
The categorization is given below:
a. Windshield - direct materials
b. Engine - direct materials
c. Wages of assembly line worker - direct labor
d. Depreciation of factory machinery - manufacturing overhead
e. Factory Machinery lubricants - manufacturing overhead
f. Tires - direct materials
g. Steering wheel - direct materials
h. Salary of painting supervisor - manufacturing overhead
Answer:Local content requirements (LCRs
Explanation: This refers to policy measures which expects a particular certain intermediate goods to be produced from domestic manufactures. This means for a company to operate in a particular state they need to produce some of their product from that state , use domestic manufacturing this ensure they don't take everything for themselves but are actual contributing to that state deeply.
Communication
awareness
honesty
relationship
innovation
Answer:
$2,096,924.50
Explanation:
Present value of an investment and cash inflows is measured at present time means year 0. Gradient is also valued at present time.
$760,000 each year at 9% for next 3 years is annuity payment and its Present value can be calculated as follow
PV of Annuity = P + P x ( 1 - ( 1 + r )^-(n-1) / r
Where
P = $760,000
r = 9%
n = 3 years
Placing values in the formula
PV of Annuity = $760,000 + $760,000 x ( 1 - ( 1 + 9% )^-(3-1) / 9%
PV of Annuity = $760,000 + $760,000 x 1.759111
PV of Annuity = $760,000 + $1,336,924.50
PV of Annuity = $2,096,924.50
The changes in trade that would produce the greatest increase in GDP is increasing the sales of domestic Consumption and increasing trade surplus
GDP is calculated by :
C + I + G + (Ex - Im)
Hope this helps