In this lesson we discussed issues related to less developed countries. Let's see how well you understand the concepts related to LDCs. Your task: Follow this link to a United Nations page with profiles of less developed countries. Choose a country whose name begins with first letter of either your first or last name. Click the link to view the profile of your country. Locate and record on this form the following data: Your Name: Country selected: (1 point each) Percentage of GDP from agriculture Life expectancy after birth (male/female) Adult literacy rate (male/female) Population with access to electricity (percentage) Main export sector Gross national income (GNI) per capita Population undernourished (percentage Under-5 mortality rate (per 1,000 live births) Questions to
1. Based on your review of the profile of your country, what would you say is the biggest challenge your country faces?
2. What makes you think the way that you do about the first question?
3. What advice would you provide the people in your country to improve the problem you identified in the first question?

Assuming no direct factory overhead costs (i. e., inventory carry costs) and $3 million dollars in combined promotion and sales budget, the deft product manager wishes to achieve a product contribution margin of 35%. given their product currently is priced at $35.00, what would they need to limit the material and labor costs to?

Alyssa works for an engineering firm that has been hired to design and supervise the construction of a highway bridge over a major river. the bridge will be a unique design, incorporating complex designs that will likely never be duplicated. how should alyssa deal with designing and overseeing the building of the bridge?

Ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $860. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 320 units sold 285 units in ending inventory 35 variable costs per unit: direct materials $ 135 direct labor $ 355 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 64,000 fixed selling and administrative $ 27,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 245,100 cost of goods sold 205,200 gross margin 39,900 selling and administrative expense 31,275 net operating income $ 8,625 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing. what is the amount of the difference in net operating income between the two costing methods?