Judging from their condition, the need some welfare or subsidies that should be added
For example :
- Their government should provide more infrastructure such as roads and water pipe for the people
- Since South Africa is one of the most developed country in Africa, The Government should give more incentives for those who want to start a business ( such as cheaper taxation system)
Answer:
A corporation has the ability to enter into contracts, incur liabilities, and buy, sell, or own assets in its corporate name. These provisions can be found in the charter or articles of incorporation. Ownership of a corporation is divided into shares of stock.
Answer:
$3.40 Per Machine Hour
Explanation:
The computation of the predetermined overhead rate is shown below:
As we know that
Predetermined overhead rate is
= Estimated manufacturing overhead ÷ estimated machine hours
where,
Estiamted Manuafctuing overheads is
= Salary of Prodcution Supervisior + Indirect Material + rent on Factory Equipment
= $20,00 + $4,000 + $10,000
= $34,000
And, the estimated machine hours is 10,000
So, the predetermined overhead rate is
= $34,000 ÷ 10,000
= $3.40 Per Machine Hour
The total workforce will be calculated as -
Total workforce = (Workers + Supervisors + Liner managers + Division managers + Executive managers + CEO)
Total workforce = (270 + 30 + 10 + 5 + 2 + 1)
Total workforce = 318
Reduced Productivity =( Number of Supervisors )/( Total workforce) X 100
Reduced Productivity = 48/318 X 100
Reduced Productivity = 15.1 %
