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Rina8888 [55]
2 years ago
6

What is the primary purpose of a trading bloc? (5 points) group of answer choices to foster political and social unity to lower

manufacturing costs to reduce or eliminate tariffs to create free market economies
Business
1 answer:
VMariaS [17]2 years ago
7 0

The primary purpose of a trading bloc is to reduce or to eliminate the tariffs. Option C is correct.

<h3>What is the trading blog?</h3>

A trading bloc is a kind of intergovernmental agreement, frequently part of a regional intergovernmental organization, in which trade restrictions between participating governments are decreased or totally abolished.

Trade blocs can arise as independent agreements between states or as part of a regional organization. The fundamental purpose of that type of blog is to reduce or eliminate the tariff.

Therefore, option C is correct.

Learn more about the trading blog, refer to:

brainly.com/question/19671382

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Brand loyalty, usage rate, and perceived risk are studied with which possible base of market segmentation?
PSYCHO15rus [73]

Answer:

Explained below:

Explanation:

Brand loyalty, usage rate, and perceived risk are studied under the behavioral base of segmentation which means that consumers show distinct levels of loyalty to the brands so consumed market could also be segmented on the basis of loyalty status of a particular brand. Consumers of the market must be divided on the basis of usage rate also so that we are able to identify the rough demand of the particular product to minimize the risk regarding product selling.

4 0
3 years ago
Garda purchased $530,000 of merchandise in August and expects to purchase $670,000 in September. Merchandise purchases are paid
pashok25 [27]

Answer:

$579,000

Explanation:

The cash payment in September would be made of 35% purchases in September and 65% of the purchase made in August (the previous month).

Hence

Cash payment in September = (35% × $670,000) + (65% × $530,000)

= $579,000

the cash payment for September is $579,000

3 0
3 years ago
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and ac
Zina [86]

Answer:

Explanation:

Overhead allocated to Product X = Department A overhead cost+ Department B overhead cost

=  $51,157.84+$5755.62=

= $56,913

Calculations:

Using a single-driver allocation system, with direct labor hours as the driver, how much overhead was allocated to Product X:

Department A's Overhead rate per labor hour = Overhead costs/Total direct labor hours  = $4300000/60000 hours = $71.66 per hour

Overhead (Department A) = $71.66per hour*724 labor hours

= $51,157.84

Department B's Overhead rate per labor hour = Overhead costs/Total direct labor hours  = $2200000/60000 hours = $36.66 per hour

Overhead (Department A) = $36.66 per hour*157 labor hours

= $5755.62

6 0
3 years ago
On January 1, Year 1, Abbott Company granted 92,000 stock options to certain executives. The options are exercisable no sooner t
Lilit [14]

Answer:

The amount of Compensation expense to Year 1 is $153,333.

Explanation:

Stock options granted                                       92000

X Fair value on date of grant                          5

Total compensation expense                       460000

Years                                                                    3    

Compensation expense per year 1                       53333

Therefore, The amount of Compensation expense to Year 1 is $153,333.

3 0
3 years ago
Elkland Heating &amp; Cooling installs and services commercial heating and cooling systems. Elkland uses job costing to calculat
andrey2020 [161]

Answer:

Estimated manufacturing overhead rate= $15 per direct labor hour

Explanation:

Giving the following information:

Overhead is allocated to each job based on the number of direct labor hours spent on that job.

The estimated overhead= $61,500.

Estimated direct labor hours= 4,100

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 61,500/4,100= $15 per direct tlabor hour

6 0
3 years ago
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