When a nation's currency appreciates that means there is an increase in the exchange rate. It would result to cheaper imports and lower inflation rates which would be advantageous to those countries who are importing goods. While a weak currency would be better for an economy that's exporting goods to other countries. 
        
             
        
        
        
Answer:
things that people are into or enjoy doing.
Explanation:
also known as hobbies or skills
 
        
                    
             
        
        
        
A cost incurred in the past that is not relevant to any current decision is classified as a(n): Sunk costs
This is further explained below.
<h3>What are 
Sunk costs?</h3>
Generally, A cost that has already been incurred but cannot be recouped is referred to as a "sunk cost" in economics and the process of making business decisions. In contrast to sunk costs, prospective costs are future expenses that might be avoided if action is done, while sunk costs have already been incurred.
In conclusion, A cost that was incurred in the past but is not relevant to any choice that is being made at this time is considered to be a(n): Incurred expenses
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Answer:
Reduction in work in progress = $7500
Explanation:
given data 
time = 10 hours 
time = 15 hours 
worth  = $1,500
to find out
reduction in work in process value
solution
we find work in progress   by this formula 
work in progress  = Flow rate  × Cycle Time     .......................1
so Initial work in progress is 
Initial work in progress   = (1 per hour)  × 10 hours = 10
and Final work in progress is here 
Final work in progress   = (1 per hour) × 15 hours = 15
so 
Initial work in progress   value = 10  × 1500 
Initial work in progress   value= $15000
and
Final work in progress    value =15  × 1500 
Final work in progress    value = $22500
so 
Reduction in work in progress = $22500 - $15000 
Reduction in work in progress = $7500
 
        
             
        
        
        
Answer:
a) Operating income - $33,800
Explanation:
<em>The flexible budget would be prepared for  a different activity level of 6,300 production units but using the assumptions of the fixed budget</em>
                                                                                $
Sales revenue - ($7× 6,300 units  )   :             44,100.00 
Less Variable cost -      ($1 ×  6,300 units ) :      <u>( 6,300)</u>
Contribution                                                       37,800
Less Fixed costs                                                <u>(4,000)</u>
                                                                              <u>33,800</u>
<em>Note that the fixed costs of $4000 remains the same for both the static and flexible budgets. This is because the activity level of 6,300 units of the flexible budget remains within relevant range. So the fixed cost would not change.</em>