Answer:
Departmental wage expenses for Dept. Y = 8,750 and Dept. Z = 10,250.
Explanation:
Direct wages of Y and Z sum 2,000 + 3,500 = 5,500. The remaining expenses are the difference between total wage expense and direct wage expenses. That means indirect expenses are 19,000 - 5,500 = 13,500. These has to be allocated half for each department.
- Dept Y expense is 2,000 + 13,500/2 = 2,000 + 6,750 = 8,750
- Dept Z expense is 3,500 + 13,500/2 = 3,500 + 6,750 = 10,250
Answer:
The correct answer is letter "A": has greatly improved living standards around the world.
Explanation:
Globalization refers to the tendency of increasing the use of technology in mankind's lifestyle to bring down barriers and shorten distances. Globalization has had a major influence in the change of businesses since, for instance, labor is not offered within the barriers of the region where a company operates only, buyers and sellers do not need to physically meet anymore to exchange goods or services, and countries every time take more advantage of international trade to request goods necessary to satisfy their inhabitants' needs.
<em>In such a scenario it is clear to conclude that the standards of human beings around the world have been boosted by globalization.</em>
For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot be directly observed, the seller should estimate the stand alone price by seeing all the things that maximizes the use of observable inputs.
Seller must apply different estimation methods which are consistent to similar circumstances of the not availability of stand alone price.
Different methods which can be used for estimating the stand-alone selling price of a good or service include the following:
Expected cost plus margin
Adjusted market assessment
Residual value.
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Determining the budget involves allocating the overall cost estimate to individual work items to establish a baseline for measuring performance.
Your net income serves as the cornerstone of an efficient budget. Your take-home pay is the sum of your income or salary less tax and employer-sponsored benefits like retirement plans and health insurance. Focusing on your gross pay instead of your net pay may drive you to overspend because you'll believe you have more money accessible than you actually have. Keep thorough records of your contracts and compensation if you're a freelancer, gig worker, contractor, or self-employed to help manage erratic revenue. Finding out where your money is going comes after determining how much you have coming in.
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Answer:
The answer is D) informal constraints increasing uncertainty for managers and firms in situations where formal constraints are unclear.
Explanation:
When you don´t have formal restraints and the same rules that apply for all, uncertainty among managers and their firms will increase.
This is a clear example of corruption taking place in a country where formal institutions or governments have collapsed or have been overthrown and the "new leaders" benefit from the situation. In this case the companies or firms which are "friendly" to the new government will flourish because no formal institutions or constraints remain. Instead they are replaced by informal constraints setup to favor specific firms and companies. That means that the "new leaders" may establish new rules for the companies or firms to follow at their will in order to favor whoever they want.
This may benefit the "new leaders" and their "friends" but it hurts all the other companies and firms. In order for a company to keep on doing business as usual, or get a new contract or license, it will probably need to become friends with the new regime and that usually means payments and other types of bribes.
