I believe your answer is:
economies of scale
Answer:
Number of units produced during the period: 38,000 units
Explanation:
Cost to produce the product exclude General Selling and administrative Expenses - selling and management expense.
Total Cost to produce the product = Direct materials + Wages for production workers + Lease, utility costs and depreciation for factory workers = $30,000 + $50,000 + $15,000 = $95,000
The average cost to produce one unit: $2,50. Number of units produced during the period = $95,000/$2,50 = 38,000 units
Answer:
Partnership Business
Explanation:
Partnership business is a business enterprise owned, managed and financed by a minimum of two individuals for the purpose of making profit.
Grub Galore is owned by Bob and Rob which makes it a partnership business.
Advantages
1) Profit is shared by partners only.
2) It is financed by more than one person which makes capital more available.
3) Decision making is faster company to limited liability companies
Disadvantages
1) Loss is shared among partners only.
2) Death of one partner might lead to the end of the business.
3) Disagreement between partners might end the business.
The answer is memos, emails, and research papers.
Explanation:
We have to note an important point here is that, Smith has plan to sell fraudulent identification card through Jones and he has done only Oral agreement.
An oral agreement does not have a proof. Any oral agreement cannot be taken as a proof legally. There must be a proper written agreement required to prove the relationship. There are certain standard too in written agreement.
For Example, agreement written on a normal white paper cannot be accepted. The agreement should be legally signed according the bond paper provided and authorized by the Government.
Considering all the above discussion, Jones stands right.
