Answer:
Option "C" is the correct answer from the following statements.
Explanation:
Trade between Two countries called export and import business, these types of business are helpful for both the countries.This type of trade called International trade.
- Excess of some commodities are sale to other country and purchase their excess commodity.
- In this situation America get benefit By their Excess production and same with Canada.
Answer:
One bushel of apples equals 2 bushels of pears. (opportunity cost for Caleb)
One bushel of apples equals 4 bushels of pears. (opportunity cost for Diane)
Explanation:
In this example, <em>opportunity cost</em> is simply calculated by dividing the maximum capacity for pears with the maximum capacity for apples. In other words, it symbolizes the loss an individual gets by opting for one decision among two options. Caleb has two times smaller opportunity cost than Diane. Therefore, if they had to specialize in producing one good, Caleb should go for apples, while Diane should go for pears.
<span>Darius has a “conventional” personality type, this is according to Holland’s Six personality types, which means that he likes to work with numbers and data. This kind of person can carry out the task in detail and can easily follow the instruction of a others. </span>
Answer:
Variable unit cost = $27.70
Absorption cost = $36.60
Explanation:
The calculation of unit cost using variable costing and absorption costing is shown below:-
Variable costing Absorption costing
Raw material per unit $7.90 $7.90
Direct labor per unit $10.90 $10.90
Variable manufacturing
overhead per unit $8.90 $8.90
Fixed manufacturing
overhead per unit $8.9
($347,100 ÷ 39,000)
Unit cost $27.70 $36.60
Therefore the variable unit cost is $27.70 and absorption cost is $36.6 by using the above computation.
