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Lelu [443]
2 years ago
13

How many dollars would it cost to buy an edinburgh woolen mill sweater costing 50 british pounds if the exchange rate is 1.50 do

llars per one british pound
Business
1 answer:
WITCHER [35]2 years ago
4 0

The amount of  dollars that  it would cost to buy an edinburgh sweaters if the exchange rate is 1.50 dollars per one british pound is: $75.

<h3>Dollar amount to buy an buy an edinburgh woolen mill </h3>

Using this formula

Dollar amount=Cost of woolen mill sweater×Exchange rate

Where:

Cost of woolen mill sweater=50 pounds

Exchange rate=1.50 dollars

Let plug in the formula

Dollar amount=50×$1.50

Dollar amount=$75

Inconclusion the amount of  dollars that  it would cost to buy an edinburgh woolen mill sweater is $75.

Learn more about dollar amount here:brainly.com/question/961857

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Correcting the errors by reversing the incorrect entry and then preparing the correct entry :

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1.           Cash                                                    $600

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               Cash                                                    $4500

              Account receivable                                                    $4500

3.            Accounts payable                                   $250

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Answer:

Results are below.

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Direct labor rate variance= (5 - 7)*600

Direct labor rate variance=  $1,200 unfavorable

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