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2 years ago

Exchange rates that are allowed to fluctuate in response to changes in supply and demand is known as?

1 answer:

3 0

A flexible exchange rate is a rate that is determined by details of demand and supply in the foreign exchange market. Here the value is permitted to fluctuate freely according to the transformation in demand and supply of foreign exchange.

<h3>How an exchange rate fluctuates through the exchange of demand and supply?</h3>

As the price of a foreign currency gains, the quantity supplied by that currency increases. Exchange rates are defined just like other prices: by the exchange of supply and demand. At the equilibrium exchange rate, the supply and demand for a cash are equal.

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If you wanted to work in the pharmaceutical industry, the only branch of chemistry that would be applicable is organic chemistry

ryzh [129]

The statement is FALSE.

Not only organic chemistry but also physical, inorganic, analytical, biochemistry and other branches of chemistry is applicable to the pharmaceutical industry.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

7 0

4 years ago

Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $2,472 Direct labo

PilotLPTM [1.2K]

Answer:

<em>Total Cost Job 593 6557</em>

Explanation:

$cost = materials + labor + overhead$

DM 2,471

DL 1,406 ( 74 labor hours x $19 labor rate)

FO 2,680 (134 machine hours x 20 FO rate)

Total Cost 6557

<u>Remember, </u>for Direct Labor and machien hours, you needto multiply the amount of hour applied in the job by the rate.

3 0

3 years ago

Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows.

Firlakuza [10]

Answer:

Lawnmowers= 45,726

Weed-trimmers= 114,314

Chainsaws= 68,589

Explanation:

Giving the following information:

Sales Mix - Unit Contribution Margin

Lawnmowers 20 % $34

Weed-trimmers 50 % $24

Chainsaws 30 % $37

Yard total has fixed cost of $6,836,000

Based on the weighted average sales participation and the unit contribution margin, we can calculate the weighted average contribution margin for the whole company. We need it to calculate the break-even point in units.

Break-even point (units)= Total fixed costs / (weighted average selling price - weighted average variable expense)

Weighted average contribution margin= sales participation per product* unitary contribution margin

Weighted average contribution margin= (0.20*34) + (0.5*24) + (0.3*37)= 29.9

Break-even point (units)= 6,836,000/ 29.9= 228,629 units

<u>Now, we can calculate the required units for each product:</u>

Lawnmowers= 0.20*228,629= 45,726

Weed-trimmers= 0.50*228,629= 114,314

Chainsaws= 0.3*228,629= 68,589

4 0

4 years ago

Acme expected demand for rocket-powered roller skates to pick up during roadrunner season, so they built hundreds of extra pairs

Svetach [21]

Acme expected demand for rocket-powered roller skates to pick up during roadrunner season, so they built hundreds of extra pairs and stored them out of season. The excess production is buffer stock.

Demand is the amount of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.

Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.

Learn more about demand here:brainly.com/question/1245771

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4 0

2 years ago

The following information applies to the questions displayed below.] In each of the cases below, assume Division X has a product

Dmitry [639]

Answer:

$12

Explanation:

Calculation to determine the lowest acceptable transfer price from the perspective of selling division

Using this formula

Lowest Transfer Price = Variable Costs per unit - Internal Savings + Opportunity Cost

Where,

Variable Costs per unit = $12

Internal Savings = $0

Opportunity Cost = $0

Let plug in the formula

Lowest Transfer Price = $12-$0+$0

Lowest Transfer Price = $12

Therefore the lowest acceptable transfer price from the perspective of selling division is $12

7 0

3 years ago