Answer:
Exchange Rate
Explanation:
In finance, an exchange rate is a rate at which a foreign exchange dealer converts one currency into another currency on a particular day. It is also related to the value of one country's currency to another currency.
Exchange rates can be either fixed or floating. Central banks of a country determine the fixed exchange rates and floating exchange rates are determined as a result of market demand and supply.
Answer:
The correct answer is d. physical facilities and procedures
.
Explanation:
The decisions that lead to the definition of the productive facilities of a company are planning decisions, that is, with a long-term horizon, since the objectives to be achieved are basically the definition of the investments to be made, and the foreseeable costs to incur, which will condition us, to some extent, such investments.
For this, it is necessary to have the most complete information (field work), not only of the market to which we intend to supply, but also, and in particular, of those data that can directly influence the design of our facilities and exploitation processes, such as:
- Technologies and processes used in this type of business
- Level of the qualities demanded by the market
- Raw material suppliers and their degree of concentration (associations)
- Product distribution channels
- Regulations and regulations in this type of activity, and particularly those related to Workplace Safety.
The methodology to be followed for the design of the facilities is set out in the following table, and constitutes the set of tasks that must be performed before the start-up of a business.
Answer:
Fixed costs = $18,820
Explanation:
Data provided in the question:
Volume of production = 27,000 units
Variable costs = $0.60 per unit
Number of units sold = 20,300
The total cost of production = $31,000
Now,
The total cost of production = Fixed cost + Total variable cost
or
Fixed costs = Total Production Costs - Total variable costs
also,
Total Variable cost = Variable cost per unit × Volume of production
or
= $0.60 × 20,300
= $12,180
Therefore,
⇒ Fixed costs = $31,000 - $12,180
or
Fixed costs = $18,820
Answer:
$24,779
Explanation:
In order to calculating the ending inventory using the conventional retail inventory method. we required to do the following computations which are shown below:
Using cost method
Goods available for sale:
= Beginning inventory + Purchases
= $11,700 + $130,016
= $141,716
Using retail method
Ending inventory
= Beginning inventory + Purchases + Net markups - Net markdowns - sales revenue
= $19,700 + $169,800 + $101,00 - $6,800 - $157,900
= $34,900
Now
Cost to retail ratio = $141,716 ÷ ($19,700 + $169,800 + $101,00)
= $141,716 ÷ $199,600
= 0.71
So,
Estimated ending inventory at cost:
= Estimated ending inventory at retail × Cost to retail ratio
= $34,900 × 0.71
= $24,779