When compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions requires business managers to have more knowledge of the laws of other countries.
<h3>What is the significance of country of origin principle?</h3>
The country of origin principle is an important feature of leading parts of Union law. It is also known as<u> home country control, </u><u>country</u><u> of </u><u>origin</u><u> rule</u>, and <u>country of </u><u>origin</u><u> </u><u>principle</u><u>.</u>
The country of origin principle mainly aims to ensure the effective protection of the public interest in the country of origin.
Basically, the country of origin principle has the main purpose to vest exclusive jurisdiction to regulate in one Member State only.
Learn more about the country of origin principle here:-
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I would say if thats what you want to do go for it because the people that love you should want nothing more than for you to be happy.
Answer:
The budgeted gross profit for July is $ 11,000.
Explanation:
total cost of goods sold per july = $8,800
total units sales = $ 550
cost of goods sold for unit = $16
budgeted sale per unit is = $36
budgeted gross profit for unit = selling price - cost of goods sold
= $36 - $16
= $20
total budgeted gross profit for july
= total units sales in july *gross profit per unit
= 550*$20
= $ 11,000
Therefore, The budgeted gross profit for July is $ 11,000.
Answer:
Entry: Dr Raw material 81800
Cr Accounts payable 81800
( To record raw material purchased on account)
Entry: Dr Work in process 53600
Cr Raw material 53600
( To record material used in production)
Entry: Dr Work in process ( 19550 *135%= 26392) 26392
Cr Applied factory overhead 26392
(To record applied overhead )
