Answer:
Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.
There are 4 basic aspects of globalization
1.Dissemination of knowledge.
2.Migration and movement
3.Capital and investment movement
4.Trade and transctions.
Explanation:
1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.
2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.
3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.
4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.
Answer:
Journals
Explanation:
“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"
Answer:
Beginning work in process= $7000
Explanation:
Giving the following information:
Cost of goods manufactured by $112,000.
Direct materials cost of $52,000
Direct labor cost of $37,000.
Overhead cost of $26,000.
The work in process balance at June 30 equaled $10,000
Work in process on June 1?
Cost of goods sold= Beginning work in process + direct material + direct labor + manufacturing overhead - ending work in process
112000= ? + 52000 + 37000 + 26000 - 10000
Beginning work in process= 112000 - 52000 - 37000 - 26000 + 10000= $7000
Answer:
A. $10.75
B. May $6,288.75
June $4,407.5
Explanation:
A . Calculation to Determine Shadee's budgeted manufacturing cost per visor.
Budgeted direct Material $4.00
Direct labor $3.6
(0.30*$12)
ariable manufacturing overhead is $1.25
Fixed overhead per unit is $1.90
Budgeted manufacturing cost per visor $10.75
Therefore Shadee's budgeted manufacturing cost per visor is $10.75
B. Computation for Shadee's budgeted cost of goods sold for May and June.
May June
Expected sales units 585 410
Minimum cost per unit $10.75 $10.75
Budgeted cost of goods sold for May and June
$6,288.75 $4,407.5
May (585*$10.75=$6,288.75)
June(410*$10.75=$4,407.5)
Therefore the budgeted cost of goods sold for May is $6,288.75 and June is $4,407.5.
Accepting a good-quality lot would be a <u><em>correct decision.</em></u>
OPTION B "correct decision" is the right answer according to Acceptance Sampling model.
Utilized in quality assurance, acceptance sampling is a statistical method for measuring the reliability of a product or service. It enables a business to ascertain a batch's quality by randomly sampling from it. The standard of quality for the whole set of products will be assumed to be equal to that of the selected sample.
It is impossible for a corporation to constantly test every single one of its goods. It's possible there are too many to inspect efficiently or cheaply. Extensive testing could also compromise the product's quality or render it unmarketable. If a representative sample were tested, the results would be accurate without jeopardizing the rest of the production run.
Acceptance sampling is a method of quality control in which a representative sample of a product batch is tested and its quality is inferred from the results. Acceptance sampling is useful for quality control when implemented properly.
To know more about Acceptance sampling refer to:
brainly.com/question/28192251
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