A product not on the Commerce Control List, or whose Export Control Classification Number does not call for an export license, is classified as (E) none of the above.
<h3>
What is Commerce Control List?</h3>
- The Commerce Control List (CCL) is a list of categories and product groupings used to evaluate if a U.S. Department of Commerce export license is required for U.S. exports.
- The CCL is organized into 10 major categories, each of which is subdivided into five product groupings.
- If your item is under the jurisdiction of the United States Department of Commerce but is not included on the CCL, it is labeled as EAR99.
As it is given in the description itself, if your item is under the jurisdiction of the United States Department of Commerce but is not included on the CCL, it is labeled as EAR99.
Therefore, a product not on the Commerce Control List, or whose Export Control Classification Number does not call for an export license, is classified as (E) none of the above.
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The correct answer is given below:
A product not on the Commerce Control List, or whose Export Control Classification Number does not call for an export license, is classified as
a. NLR.
b. SED.
c. BIS.
d. UCC.
e. none of the above.
The international monetary fund is an organization that is made up of 190 countries whose goals are to build international trade, promote economic development, and reduce poverty in the world.
The International Monetary Fund is a committee of many nations that are committed to developing the economy of their nations.
- The goal is to reduce poverty and encourage international trade among nations.
- They assist nations whose economies are struggling with loans that can help them wade through their difficult times.
Summarily, the IMF aims to reduce poverty in the world.
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Managers need to pay attention to dealing with uncertain and competitive conditions. This is part of the mission and vision statements and has to do also with types of planning. The strategic planning includes long term decisions about the overall direction of the company. Conditions can change rapidly and managers must be aware of that .
The weighted average unit cost is $10.61.
The cost of goods sold on October 29 is $2,122.39.
The inventory on October 21 is $3138.
<h3>What is the average weighted cost?
</h3>
The weighted cost of goods sold = [(310 x 9) + ($12 x 360)] / (360 + 310)
(2790 +4320) / 670
7,110 / 670 = $10.61
Cost of the goods sold on October 29 = average unit cost x number of goods sold
$10.61 x 200 = $2,122.39
Inventory on October 21 = ending inventory x average cost
ending inventory = total inventory - total inventory sold
- total inventory = 310 + 360 = 670 units
- total inventory sold = 170 + 200 = 370 units
- ending inventory = 670 - 370 = 300 units
Inventory on October 21 = 300 units x 10.61 = $3,183
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Answer:
Contribution margin per hour= $360
Explanation:
Giving the following information:
Bread Machines:
Sales price= $140
Variable costs= $50
Contribution margin per unit= $90
Kitchen Convenience can manufacture four bread machines per machine hour.
<u>To calculate the total contribution margin per hour, we need to multiply the number of bread machines produced in an hour for the unitary contribution margin.</u>
Contribution margin per hour= $90*4 units= $360
