Answer: True, unless you're on your own it kinda does, considering bills, financial stuff, etc.
Answer:
$107,750
Explanation:
first we have to determine the overhead rate per $1 of professional labor = $270,000 / $200,000 = $1.35 per $1 of professional labor
total billing should include:
- professional fees = $45,000
- direct materials = $2,000
- overhead = ($45,000 x 1.35) = $60,750
total = $107,750
Answer:
Development economics
Explanation:
Development economics is a field which deals with the problems dealt by low-income countries and low-middle income countries. The focus of development economics is to solve the development problems by using economic tools and to push these low-income countries to start trade with developing or developed countries. Development economics gained popularity, especially after globalisation, because it provided low-income countries with an opportunity to interact with other countries.