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2 years ago

Martin, a u.s. citizen, travels to mexico and buys a newly manufactured motorcycle made there. his purchase is included in?

1 answer:

6 0

Martin, a US. citizen travels to Mexico and buys a newly manufactured motorcycle made there. his purchase is included in both Mexican GDP and U.S. GDP.

This is further explained below.

Generally, The gross domestic product (GDP) of a nation is a monetary measurement that is based on the market value of all of the final products and services that are produced in that nation during a certain time period.

Before being regarded as a trustworthy indication, this measure often undergoes revision because of the complexity and subjectivity inherent in its design.

In conclusion, Martin, a resident of the United States, makes a trip to Mexico in order to purchase a motorbike that was only just produced in that country. His purchase is accounted for in both the GDP of Mexico and the GDP of the United States.

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Ahrends Corporation makes 70,000 units per year of a part it uses in the products it manufactures. The unit product cost of this

Kazeer [188]

Answer:

$147,000

Explanation:

The computation of the financial advantage (disadvantage) of purchasing the part rather than making it is shown below;

Particulars Make Buy

Direct material $1,246,000 (70,000 × $17.80)

Direct labour $1,330,000 (70,000 × $17.80)

Variable manufacturing

overhead $70,000 (70,000 × $1)

Fixed manufacturing

overhead $623,000 (70,000 × ($17.10 - $8.20))

Purchase cost $3,395,000 (70,000 × $48.50)

Opportunity cost $273,000

Total cost $3,542,000 $3,395,000

So, the Advantage is

= ($3,542,000 - $3,395,000)

= $147,000

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3 years ago

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kvasek [131]

Wall Oven or Water Outlet

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4 years ago

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stich3 [128]

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3 years ago

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Mama L [17]

Answer:

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