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3 years ago

Incoterms can be applied to which mode of transportation ?

Business

1 answer:

meriva3 years ago

5 0

Answer:All modes of transportation.

Explanation:Incoterms which is called international commercial terms developed by the international chamber of commerce to define the terms of trade and commercial activities, they are generally accepted and recognised by the Law courts and commercial laws in the most parts of the world. International commercial terms helps to guide procurement processes and trade.

It can be applied in all modes of transportation.

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3 years ago

Read 2 more answers

Comans Corporation has two production departments, Milling and Customizing. The company uses a job-order costing system and comp

omeli [17]

Answer:

c. $3,379

Explanation:

<em>Calculate the Product Costs first as follows:</em>

Direct Materials :

Milling $ 450

Customizing $ 190

Direct Labor :

Milling $ 580

Customizing $ 570

Variable Overheads :

Variable manufacturing overhead : Milling ($ 1.30 ×70) $ 91

Variable manufacturing overhead : Customizing ($ 5.00×60) $300

Fixed Overheads :

Milling ( $ 153,400/ 26,000 × 70) $413

Customizing ( $ 18,500/5,000 × 60) $222

Total Cost $2,816

<em>To find Selling Price add a 20% Mark -up on Cost</em>

Total Cost $2,816.00

Add Mark-up 20% $563.20

Selling Price $3,379.20

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3 years ago

What is it about incentive systems that makes them so attractive to leaders attempting to implement organizational change

sveticcg [70]

Answer:

Incentive systems are so attractive to leaders who attempt to implement organizational change because they are powerful tools that can influence and motivate workers to embrace organizational change.

Explanation:

Incentive systems promote and encourage specific workers' actions or behavior. They are particularly used in businesses to motivate employees to adopt certain behaviors during a change transition by management. Studies have shown that if correct incentive systems are correctly selected, implemented, and monitored, they can increase team performance by an average of 44 percent. This improved performance makes incentive systems attractive to leaders who are implementing organizational changes.

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3 years ago

employees earn vacation pay at a rate of one day per month. During December, 35 employees qualify for one vacation day each. The

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Answer:

Listed below are a few transactions and events of Maxum Company.

1. Employees earn vacation pay at a rate of one day per month. During December, 35 employees qualify for one vacation day each. Their average daily wage is $160 per employee.

2. During December, Maxum Company sold 4,500 units of a product that carries a 60-day warranty. December sales for this product total $125,000. The company expects 7% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $10.

Prepare any necessary adjusting entries at December 31, 2017, for Maxum Company’s year-end financial statements for each of the above separate transactions and events.

Vacation benefits expense

= number of employees × number(s) of day × the average daily wage per employee

Given,

number of employees = 35

number(s) of day = 1

The average daily wage per employee = $160

= 35 employees × 1 day × $160

= $5,600

Warranty expense

= number of units of products sold × percentage of the units for warranty × the average repair cost per unit

Given,

number of units of products sold = 4500 units

percentage of the units for warranty = 7%

The average repair cost per unit = $10

= 4,500 units × 7% × $10

= $3,150

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3 years ago

The principal supplier(s) of U.S. dollars to the foreign exchange market is/are Group of answer choices

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U.S. households or firms wishing to purchase foreign goods or assets.

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