Answer:
The reason for this is that the people will accept it as money confidently.
Explanation:
Since the definition of money explains that money can be anything that is accepted by the people and serve as the medium of exchange. However, in the case of a dollar bill, people have accepted it as a medium of exchange.
Answer:
Charlie's Wood Works
a. The percentage of Janitorial costs that should be allocated to the Assembly Department is:
= 58%
The percentage of Security costs that should be allocated to the Cutting Department is:
= 70%
Explanation:
a) Data and Calculations:
Departments Cutting Assembly Total
Square feet 33,600 46,400 80,000
Percentage based on
square feet 42% 58% 100%
Assets $140,000 $60,000 $200,000
Percentage based on
assets 70% 30% 100%
Bases for the allocation of service departments costs:
Janitorial department = Square feet
Security department = asset value
Many firms have achieved success by integrating activities throughout the extended value chain by using information technology to link their own value chain with the value chains of their customers and suppliers.
<h3>What is information technology?</h3>
Information Technology is the study systems which retains and sends information to recipients or users. Also, Information technology tends to focus on both the system hardware and the software.
An Information Technology refers to the collection of technology components that serves the needs of its users and the owner of the resulting system.
Learn more about information technology here: brainly.com/question/14462836
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Answer:
cost-plus regulation
Explanation:
Pricing regulation is the strategy the a government uses in controlling the price of commodities at the retail markets and other stages in the production process.
The cost-plus regulation of prices allows businesses the set prices on goods that will meet up with the cost of production of the good and also add a normal rate of profit.
In the given instance the firm covers the cost of production for its product and also adds a 15% profit to the price it charges its customer.
This is cost-plus regulation.
