Answer:
Period cost= $840
Product cost= $1260
Explanation:
Product costs are the direct costs involved in producing a product.
Period costs are not directly tied to the production process.
The insurance premiums that a company pays for nonmanufacturing protection will be expensed in the period in which the insurance premiums expire. However, the insurance premiums for the manufacturing operations will become part of the product costs as the insurance premiums expire.
<u>In this exercise:</u>
Period cost= 2100*0,40= $840
Product cost= 2100*0,60= $1260
Answer:
a. The demand curve facing a monopolistic competitor in a market where all producers charge different prices becomes less elastic when it engages in international trade - Disagree
This statement is not true. If a monopolistic competitor engages in international trade, it will meet more competition, meaning that the audience (demand) that it has is more sensitive to prices, because they have more options available.
b. According to the gravity equation, countries closer to each other trade more - Agree
The gravity equation tells us that the volume of international trade is correlated with geographical proximity and economic size. That is to say, the closer and larger two economies are, the more international trade they engage with each other.
c. The only gain from trade in monopolistic competition in trade is lower prices - Disagree
Gains are the most important in lower prices, but there are also gains in competitiveness and quality.
d. The closer to 1 the index of intra industry trade is, the greater the difference between exports and imports of the same goods. - Disagree
An index of intra industry trade of 1 indicates that the country imports and exports roughly the same amount for a particular type of goods (the goods that belong to that industry). Hence, the statement is not true.
Answer:
profit-sharing
Explanation:
As in the partnership, the profit and losses are shared between the partners in their profit losses sharing ratio so the profit sharing plan deals in the same thing if the compensation is distributed so it would be distributed based on the profit sharing plan so that everyone can get their share and according to that the work can done in a smoothly manner
Country-specific, technology, and product considerations are things that multinational corporations take into account when deciding where to locate their manufacturing plants.
What is strategic decision?
Strategic choices are those that take into account the complete operating environment of the business, all of its resources, all of its employees, and the interface between these factors.
Major resource proposals are made by strategic decisions for an organization. These choices could relate to acquiring new resources, organizing current ones, or redistributing others.
The alignment of organizational resource capabilities with risks and opportunities is the subject of strategic decisions.
A wide range of organizational operations are addressed by strategic decisions. It all comes down to how and what they want the organization to stand for.
Due to the constantly changing environment in which a business operates, strategic decisions entail significant change.
The nature of strategic decisions is complex.
Learn more about strategic decision with the help of given link:-
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Answer:
a) Ownership rights cannot be easily transferred. - True
b) Ownership rights cannot be easily transferred. - False
c) Owners have unlimited liability for corporate debts. - False
d) Capital is more easily accumulated than with most other forms of organization. - True
e) Corporate income that is distributed to shareholders is usually taxed twice. - True
f) It is a separate legal entity. It has a limited life. - False
g) Owners are not agents of the corporation. - True
Explanation:
A corporation is an organization established by the issuance (and purchase) of shares. It is identified as a separate legal entity from the owners and the liabilities of the owners is limited to the amount invested (in form of shares or stock). Ownership rights can easily be transferred through various means. One of such means is the sale of shares or stock in the secondary market.
The company pays company income tax on income earned while the shareholders (owners) also paid tax on dividend income. It has an unlimited life and is expected to continue to perpetuity.
The board of directors, managers of the company are the agents of the corporation acting on behalf of the owners.
