Answer:
1. Greece, Germany
2. 2.2 barrels of oil, 0.45 pairs of shoes
3. d. 10 barrels of oil per pair of shoes
Explanation:
a) Data and Calculations:
To produce a pair of shoes costs Greece 5 barrels of oil
To produce a pair of shoes costs Germany 11 barrels of oil
b) This means that it costs Germany more than Greece to produce a pair of shoes, and Germany produces a lot of oil to the extent that she is willing to exchange her 11 barrels of oil for a pair of shoes while Greece can only exchange 5 barrels of oil for a pair of shoes.
Answer:
c.Insurance expense would be debited for $300.
Explanation:
Provided that
12 month insurance policy purchased on Dec 1 = $3,600
So, the adjusting entry on Dec 31 would be
Insurance expense A/c Dr $300
To Prepaid Insurance $300
(Being insurance expense is recorded)
The computation is
= $3,600 ÷ 12 months
= 300
As we have to compute for 1 month so we recorded $300 insurance expense
The buffers supplied to non-critical paths in critical chain project management are called Feeder buffers
A time buffer known as the project buffer is added at the conclusion of the critical chain to safeguard the entire project timeline. Its size can be determined by taking the square root of the total of the squared differences between the estimated task length at the beginning and the estimated task duration after it has been reduced.
Buffer Feeding The feeding buffer is a time buffer that is situated at the conclusion of a list of duties that come before the critical chain. Similar to how the project buffer size is determined, so is its size.
Buffering Resources Different from the earlier buffers is the resource buffer. It is not a time buffer, to begin with. It is a marker that is frequently placed on the critical chain to notify a resource that it is required.
Learn more about buffer here
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Answer:
A. Because the bank can invest your money to make more money for itself
