Based on the weakened conditions of a currency exchange against the U.S. Dollar between 2008 and 2018, it would be advisable for Allison to go on a vacation for visiting Buckingham Palace in the United Kingdom.
<h3>What is the significance of currency exchange?</h3>
A currency exchange can be referred to or considered as the rate at which the currency of one country compares with the currency of any other country. U.S. Dollar is currently the strongest currency in the world.
When a comparison between the currencies like the American Dollar and Euros is done, it is found that there is a degrowth in the value of Euros against the dollars, and thus, vacation in such country will be cheaper for Allison to visit to.
Therefore, the significance regarding currency exchange has been aforementioned.
Learn more about currency exchange here:
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Answer:
The most appropriate hedge for the Salerno company would be:
Explanation:
Here, it is given that a company Salerno desires to get locked at a minimum rate so that at that level it could sell in Japanese yen its all non receivables and later if the yen appreciates substantially against the dollar values when the payment time arrives,
Then
The most appropriate hedge for the Salerno company would be:
Purchasing put options: A put option is a term which means that it gives the owner or the main holder all the rights of selling an asset to a different party at a price which is decided by him and at a specified date which he will be deciding. so, basically he owns all the rights associated with it.
It has also been finalized that it creates a negative image of it in the future value of it in the market stock exchange.
10 washes and 8 dryer which average around 1000
Answer:
$21
Explanation:
The computation of the minimum transfer price that should be accepted is shown below:
here the minimum transfer price should be equivalent to the variable cost per unit i.e. $21
Because the fixed cost is irrelevant in the given situation as it is remain fixed whether the production is increased or not
hence, the minimum transfer price is $21
Answer:
A variance is favorable when the actual costs or actual quantity were lower than estimated.
Explanation:
<u>We weren't provided with enough information to calculate each variance. I will provide with the formulas.</u>
Variable manufacturing overhead rate (cost) variance= (standard rate - actual rate)* actual quantity
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Fixed overhead spending variance= (actual fixed overhead costs - allocated fixed overhead)
Manufacturing overhead volume variance= (Estimated manufacturing overhead rate*budgeted allocation base) - (Estimated manufacturing overhead rate* Actual amount of allocation base)
A variance is favorable when the actual costs or actual quantity were lower than estimated.
