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lukranit [14]
3 years ago
9

Explain in detail the various of cottage industry.​

Business
1 answer:
almond37 [142]3 years ago
4 0

Answer:

A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed.

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Text that you pay when making a profit selling a house is an example of:
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5 0
4 years ago
Match each of the descriptions to the correct budget category:
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3 0
3 years ago
a businessowners policy (bop) provides a broad package of coverages for small and medium-sized apartment buildings, offices, and
LenKa [72]

Describe business owner policy.

One business insurance coverage known as a Business Owner's Policy (BOP) combines business property and liability insurance. BOP insurance aids in protecting your company from claims brought about by fire, theft, and other covered events.

A unique sort of commercial insurance created specifically for small and medium-sized firms is known as a business owner's policy.

Liability, property, and business income insurance coverages are the three main categories of coverage included in the BOP. These specifically consist of: If your company is accused of harming another person or causing bodily harm while conducting business, general liability insurance will defend your company against legal action.

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7 0
1 year ago
The Kitchen Company makes toaster ovens and bread machines. Toaster ovens Sales price per unit: $60 Variable costs per unit: $38
Sever21 [200]

Answer:

The company should produce 7,500 bread machines to maximize profit

Explanation:

Given:

                                                                      Toaster Ovens Bread Machines

         Sales Price per unit                                     60                           135

Less: variable cost per unit                                   38                           75

Contribution Margin per unit                                22                           60

Machine hours per unit                                            1                           2

Now,

Contribution Margin per Machine Hour = \frac{\textup{Contribution Margin per unit}}{\textup{Machine hours per unit}}

thus,

Contribution Margin per Machine Hour        22                           30

Since,

The Contribution Margin per Machine Hour for the bread is more, therefore to maximize profits the kitchen company should produce Breads machines.

also,

Number of units to be produced = \frac{\textup{Machine hours}}{\textup{Machine hours required}}

= \frac{\textup{15,000}}{\textup{2}}

= 7,500 units

5 0
3 years ago
An instrument that has no room for indorsements: a. is void. b. can be negotiated without an indorsement. c. can have a separate
vagabundo [1.1K]

An instrument that has no room for endorsements : Can have a separate piece of paper firmly attached to it with an endorsement (Allonge)

Option C

Explanation:

An allonge is a piece of paper attached to an exchange bill or promissory note on which the instrument itself can not be approved.

An allonge is a paper slip issued as a bill of trade to a negotiable device in order to receive additional permits for which there may be inadequate room on the bill itself. A description of the length of time is assumed to be written on the bill itself.

If the instrument doesn't have space, a note can be written on a different (called an allonge) piece of paper that is securely attached. The instrument requires a paper firmly attached to a negotiable instrument.

8 0
3 years ago
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