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The Acts of Union 1707 declared that the Kingdom of England and Kingdom of Scotland were "United into One Kingdom by the Name of Great Britain". [p] [38] The term "United Kingdom" has occasionally been used as a description for the former Kingdom of Great Britain, although its official name from 1707 to 1800 was simply "Great Britain". [39]
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Many shipping services, especially air carriers, use dimensional weight for calculating the price, which takes into account both weight and volume of the cargo. For example, bulk coal long-distance rates in America are approximately 1 cent/ton-mile. [2] So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000.
Transaction cost as a formal theory started in the late 1960s and early 1970s. [13] And refers to the "Costs of Market Transactions" in his seminal work, The Problem of Social Cost (1960). Arguably, transaction cost reasoning became most widely known through Oliver E. Williamson's Transaction Cost Economics. Today, transaction cost economics is ...
An important part of standard cost accounting is a variance analysis, which breaks down the variation between actual cost and standard costs into various components (volume variation, material cost variation, labor cost variation, etc.) so managers can understand why costs were different from what was planned and take appropriate action to ...
FOB is only used in non-containerized sea freight or inland waterway transport. As with all Incoterms, FOB does not define the point at which ownership of the goods is transferred. The term FOB is also used in modern domestic shipping within North America to describe the point at which a seller is no longer responsible for shipping costs.
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The development costs for Falcon 9 v1.0 were approximately US$300 million, and NASA verified those costs. If some of the Falcon 1 development costs were included, since F1 development did contribute to Falcon 9 to some extent, then the total might be considered as high as US$390 million. [14] [2]
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