Answer:
A) True
Explanation:
If a firm wants to expand globally, and enjoy an important market share in different countries, it should consider contract manufacturing.
Contract manufacturing simply consists in outsourcing part of the manufacturing process to a third party in another country. Most big companies in the world make use of contract manufacturing to expand, and take advantage of comparative advantages in other nations (for example, lower labor or raw materials costs).
Economy of US can be considered as a highly market economy.
Explanation:
The spectrum between the command-mixed- market economies depend on the level of government intervention of the market and how much the produce of the economy depends on the market practices or the artificial rules of the government put in place.
In US the market is dictated by the market rule only and the government has very little to do apart from the terms of the sanctions it lays on them.
So, the economy tends towards the market and not to the command.
Answer:
Option (b) is correct.
Explanation:
Given that,
Total Overhead Cost = $477,000
Number of Units of Product XY = 72,000
Number of Units of Product M = 108,000
Total overhead allocated to Product XY using the current system:
= (Total Overhead Cost ÷ Number of units produced in total) × Number of Units of Product XY
= ($477,000 ÷ 180,000) × 72,000
= $2.65 × 72,000
= $190,800
Answer:
the cash that should be freed up is $267
Explanation:
The computation of the cash that would be freed up is shown below:
As we know that
The inventory turnover is
= Cost of goods sold ÷ average inventory
12 = $14,800 ÷ average inventory
So, the average inventory is 1,233
Now the cash that should be freed up is
= 1,500 - 1,233
= $267
hence, the cash that should be freed up is $267
Answer:
is the degree to wish people or appreciate one another
Explanation:
