During WW1, the Allies spent $58 Billion while the Central Powers spent $25 Billion. Britain alone spent $20 Billion while the US spent $17 Billion.
The estimated economic costs of World War 1 were $58 Billion for the Allies and $25 Billion for the Central Powers. Britain alone spent $21 Billion.
exceeds $414 billion, with health care costs attributed to substance abuse estimated at more than $114 billion.
yes
Economic feasibility is the analysis of a project's benefits and costs. The purpose is to help management decide whether or not they should continue. If the future benefits outweigh the estimated cost of developing or acquiring the new system then it is economically feasible.
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
The Economic Order Quantity (EOQ) is the number of units that a company should add to inventory with each order to minimize the total costs of inventory-such as holding costs, and order costs
about $338 billion dollars
Because all of the other countries involved in WW1 agreed to make Germans pay for all of the costs of WW1. That's part of the reason why WW2 started.
economic difficulties
exceeds $414 billion, with health care costs attributed to substance abuse estimated at more than $114 billion.
WW1 is estimated to have killed about 70 million people
Estimates are the expressions of of opinion based upon past experiences whereas the standard costs are based upon standard rate that are very carefully developed and set as scientifically as possible. However, both estimated costs and standard costs are related to future period of time but there are some significant differences between them. Some major differences between standard costs and estimated costs are listed below:1. Estimated costs are the expressions of opinion based upon experience. Standard costs are based upon standard rates that are carefully developed and set as scientifically as possible.2. Estimated costs are used by those firms that follow historical costing system. Standard costs are used by those organizations that follow standard costing.3. Estimated costs are based on actual costs and anticipated costs. Standard costs are fixed after scientific analysis of relevant cost elements.4. Estimated costs are based on approximation. Standard costs are based upon specifications.5. Estimated costs are normally used as guideline for price determination, quoting the selling price etc. Main purpose of standard costs is to serve as a tool for cost control.
yes
Actual Costs are costs which have occurred and can be reliably measured. Budgeted Costs are costs which have been estimated, possibly by using Forecasted Costs.
Economic feasibility is the analysis of a project's benefits and costs. The purpose is to help management decide whether or not they should continue. If the future benefits outweigh the estimated cost of developing or acquiring the new system then it is economically feasible.
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
Economic appraisal is a type of decision method applied to a project, program or policy that takes into account a wide range of costs and benefits, denominated in monetary terms or for which a monetary equivalent can be estimated.
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