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Colt1911 [192]
3 years ago
10

Which of these companies is taking advantage of the globalization of production?

Business
1 answer:
Helen [10]3 years ago
7 0

Answer:

A) Daily Diamonds, an American jewelry manufacturer, buys diamonds from South Africa and exports them to India for the cutting process.

Explanation:

The word 'globalization' means the world to be one where one can access to any part of the world if one wishes. And globalization of production means an individual or a firm can buy raw materials from one place of the earth and send it to other part of the planet or any place for further process and distribution or sale. Thus the option A best suits the answer where an American jewelry manufacturer buys diamonds form one part of the planet that is from South Africa and exports to India for further cutting process, which is at the different [part of the planet thus making the production process global.

Thus the answer is A) Daily Diamonds, an American jewelry manufacturer, buys diamonds from South Africa and exports them to India for the cutting process.

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New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a large market share because a certain minimum level of exposure is needed to measurably affect purchase habits.

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1. Allocation on the basis of $\text{Direct labor hours}$

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Direct Material                    125000                       90000

Direct $\text{labor}$ cost                  90000                       60000

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Total cost                             296000                       271500

Units produced                       50                               30

Cost per unit                          5920                           9050

2. Allocation on the basis of $\text{Direct labor costs}$:

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Direct Material                    125000                       90000

Direct labor cost                  90000                       60000

Manufacturing overhead    121500                       81000

                        (202500/150000 x 90000)     (202500/150000 x 60000)

Total cost                             336500                       231000

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