- See how much experience/expertise they had in the specific type of cases that related to you
- See the winning rate of their previous cases.
- See the firms that affiliated with the lawyers (best lawyers tend to be affiliated with big companies)
Answer:
Aston has given the information required to meet division profit objective. Increasing the profit objective is common goal of every manager. Here manager wanted to meet profit objective by minimising fixed cost which is not wrong motive. Whether the excess production can be sold in the market. If there is a chance to sell, more production can be made.
Absorption costing means that all of manufacturing costs are absorbed by units produced. It calculates every cost on no. of units produced but it does not mean to increase production only in order to match income objective or to reach this goal instead of fact that inventory remains at end, and sale of that increased production does not take place and income objective met because of the lower cost per unit.
Answer:
The amount should Tamarisk report as its December 31 inventory is $252,000
Explanation:
The computation of the ending inventory is shown below:
= Stock on hand + goods purchased from Sheffield Corp + goods sold to Wild horse Co.
= $190,000 + $29,000 + $33,000
= $252,000
We considered all the amounts which are given in the question i.e FOB destination and FOB shipping point which is added to the physical inventory on hand.
Answer:
Felicidad 80 million Jean
Arcadie 32 million Rye
Explanation:
To know which is the best in Rye production we haveto pick the one with the least opportunity cost (the country which producing Rye decreases less the production of Jeans)
Felicidad Rye opportunity cost 20/5 = 4 Jeans
Arcadia Rye opportunity cost 16/8 = 2 jeas
Arcadie will be the country with comparative advantage for Rye as it renounce to less units of Jeans than Felicidad
<em><u>The best country for jean production will be Felicidad</u></em>
4m x 20 = 80m jean
<em><u>The best country for Rye will be Arcadia</u></em>
4m x 8 = 32m Rye
Answer with Explanation:
A "Centrally Planned Economy" refers to an economy where the government's authority affects the economic decisions of the business owners. This means that the business owners and the consumers do not have a say when it comes to their decisions regarding the supply and demand of the items.
This also means that the business owner cannot decide on what product he will be producing, including its process of production and distribution.
Additional Explanation:
Although the command economy signals a <em>lack of freedom for business owners,</em> it has some advantages as well. It results to <u>low unemployment level.</u> The government has the ability to set the number of workers that the business owners will hire in order to address the unemployment rate. Products and services that will be produced are all directed for <em>the good of the people</em>. It is not "profit-driven."
