Answer:
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Explanation:
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these are the correct answers. in that order.
Explanation:
Answer: Panama Canal was built to lower the distance, cost, and time it took for ships to carry cargo between the Atlantic and the Pacific Oceans. Before the canal, ships would have to go around the entire continent of South America.
Explanation:
Answer:
The following are the benefits:
- Ability to bear running and recurring costs;
- Efficiency of production
Explanation:
The practice of distributing indirect costs to revenue-generating projects is being referred to as overhead allocation.
The overhead is determined by the sum of indirect labor and incurred expenses. This can be represented by 25% - 50% of the expenses incurred by a firm.
In details the benefits of allocating based on Demonstrated Capacity are the following:
- Waste and defects would be controlled during production;
- While the market is highly volatile and competitive it becomes easier to make accurate pricing;
- A firm in a multi-product business will be able to evaluate the profit margin of each product;
- This can help the management in decision making especially when the cost information is being supplied;
- You can easily evaluate the effectiveness of a department;
- It helps you to fix the price of a product
