In the shipbuilding industry, Polish and Chinese shipyards offer simple, standard vessel types at low prices that reflect low production costs. This represents a generic strategy related to cost focus.
<h3>What is
shipbuilding?</h3>
- Building ships and other floating vessels is known as shipbuilding.
- Typically, a shipyard, a specialized location, is where it happens.
- Shipwrights, another name for shipbuilders, practice a specialized trade that dates back to times before written history.
- Naval engineering is the term used to describe both commercial and military shipbuilding and ship maintenance.
- Boat building is a related activity that involves making boats.
<h3>What is a shipyard?</h3>
- Ships are constructed and maintained in shipyards, sometimes known as dockyards.
- These could include yachts, military ships, cruise ships, or other types of passenger or freight ships.
- Compared to shipyards, which are sometimes more involved with the original construction, dockyards are sometimes more associated with maintenance and basing activities.
- Due to the frequent role changes and mergers that have occurred as dockyards and shipyards have developed, the terms are frequently used synonymously.
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Answer:
False
Explanation:
Few of the characteristics of administrator account that a member of administrator group doesn't have is that an administrator account cannot be removed from administrators group, it cannot be locked out/deleted due to incorrect logon attempt and it has a blank password by default.
With this, a member of the administrator group does not have all the characteristics of the administrator account.
Answer:
It will take 2.73 years to cover the initial investment.
Explanation:
<u>The payback period is the time required to cover the initial investment:</u>
Year 1= 0 - 2,400= -2,400
Year 2= 1,600 - 2,400= -800
Year 3= 1,100 - 800= $300
<u>To be more accurate:</u>
(800/1,100)= 0.73
It will take 2.73 years to cover the initial investment.
Answer:
The amount of allocated manufacturing overhead costs for August is $47,150
Explanation:
For computing the allocated manufacturing overhead costs, first we have to compute the direct labor hours which is shown below:
= Direct labor cost ÷ per hour rate
= $73,800 ÷ $36
= 2,050 hours
Now the allocated manufacturing overhead costs equals to
= Direct labor hours × Manufacturing overhead rate
= 2,050 hours × $23
= $47,150
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