Answer:
$36,720
Explanation:
Given that,
Number of direct labor hours = 270 DLH
Direct labor cost = $64 per hour
Overhead cost per DLH = $72
Total estimated cost for this job:
= Direct labor cost + Overhead cost
= (Number of direct labor hours × Cost per DLH) + (Number of direct labor hours × Overhead cost per DLH)
= (270 × $64) + (270 × $72)
= $17,280 + $19,440
= $36,720
Answer:
the correct option is A) According to Levitt, Technology drives the world toward a converging commonalty.
Explanation:
Levitt's Thesis states that "a dominant force drives the world towards a converging commonality, allowing international businesses to become global by standardizing their product and service offering".
One of the main forces he identified was technology.
It has become very evident that Technology is an essential force that drives the modern form of business globalization because technology has helped overcome major barriers to trade in the international scene by introducing standardized processes and global quality assurance.
It has also eliminated delays in information exchange, created a virtual market and ease of interaction between countries making international business processes cost effective and efficient.
Answer:
The correct answer is letter "A": True.
Explanation:
The cost principle or historical cost establishes that an asset must be recorded at its face value at the moment when the asset is acquired. That cost is recognized as the value of the asset unless there is reasonable proof to state the opposite. Under this principle, any organization can register in its books an asset that has not been part of a transaction yet.