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Katyanochek1 [597]
3 years ago
12

When studying abroad last year, Blake found that his U.S. dollars did not stretch as far as he had hoped. Each time he exchanged

U.S. dollars for euros, he gave up more U.S. dollars in exchange for less euros. The exchange rate indicates: A. the dollar has gained strength against the euro.B. the euro is weak against the U.S. dollar.C.the euro has gained strength against the dollar.D. the demand for dollars is stronger than the demand for euros.
Business
1 answer:
rewona [7]3 years ago
5 0

Answer:

C. the euro has gained strength against the dollar.

Explanation:

If Blake gives up more U.S. dollars in exchange for less euros every time, this means that the exchange rate is increasing. The exchange rate is the price of a currency in exchange for another. So, if the price is increasing that means that euro is getting stronger than dollars,  which is contrary to affirmation A and B, but is affirmation C. This could be because the demand for euro is stronger than the demand for dollars, which is contrary to affirmation D.

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The Wood Division of Fir Products, Inc. manufactures rubber moldings and sells them externally for $55. Its variable cost is $25
Andreyy89

Answer:

$25

Explanation:

Since there is an available capacity of 5,000 units so in this case, the minimum transfer price which should be accepted is equal to the variable cost per unit i.e $25 and the same is to be considered as it is enough to cover its variable production cost  

Therefore, all the other information which is given in the question is not relevant. Hence, ignored it  

6 0
3 years ago
The BEST example of a company resource is
kumpel [21]

Answer:

The correct answer is letter "A": having proven technological expertise and an ability to churn out new and improved products on a regular basis.

Explanation:

Resources are all those components that organizations use for production. Mostly known as the factors of production they are:  

  • Land: <em>physical territory where the company handles its operations including its raw materials. </em>
  • Capital: <em>monetary resources, machinery, </em><u><em>technology</em></u><em>, and buildings. Social and intellectual capital. </em>
  • Labor: <em>people performing physical and intellectual work. </em>
  • Entrepreneurship: <em>innovation to use the land, capital, and labor at its maximum level possible.</em>

<em />

Therefore<em>, technology is a source useful for production from where companies can create other goods. Combined with expertise it could represent a competitive advantage that allows firms to outstand.</em>

5 0
3 years ago
If Morton Company expects to sell VCR’s at $100 a unit with variable costs of $60 per unit and DVD’s at $200 per unit with varia
Thepotemich [5.8K]

Answer:

$72

Explanation:

To calculate the weighted contribution margin we can use the following formula:

[(sales price A - variable cost A) x proportional sales A] + [(sales price B - variable cost B) x proportional sales B]

= [($200 - $120) x 80%] + [($100 - $60) x 20%] = $64 + $8 = $72

7 0
3 years ago
Hadley, Inc. manufactures a product that uses $18 in direct materials and $5 in direct labor per unit. Under the traditional cos
Rama09 [41]

Answer:

Total Manufacturing cost per unit is $53

Explanation:

Manufacturing cost is the cost used to manufacture a product, both direct and indirect cost incurred in manufacturing process are included. It is the total value of material cost, labor cost and overhead cost.

Direct Material Cost = $18

Direct Labor cost  = $5 per hour

Manufacturing overhead applied = $13 per unit

Total Activity rate = $30

Activity based costing is the method of allocation of overhead to the products / department / projects on the basis of uses of activity by each one.As we know that calculating an activity rate which is similar to predetermined overhead rate.

Total Manufacturing Cost = Direct material cost + Direct Labor cost + Manufacturing overhead cost

As we know that calculating an activity rate which is similar to predetermined overhead rate. so the activity rate will be used for overhead expense.

Total Manufacturing Cost = $18 + $5 + $30 = $53 per unit

6 0
3 years ago
Suppose you're in charge of establishing economic policy for this small island country. Which of the following policies would le
loris [4]

Answer:

Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement

Imposing restrictions on foreign ownership of domestic capital

Explanation:

4 0
3 years ago
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