Answer:
Wyman company should recognize a foreign exchange loss in the amount of $12,600
Explanation:
On the date of sale: £1 = $1.35
So £60,000 = 60,000 × $1.35 = $81000
On the date of payment: £1 = $1.14
So £60,000 = 60,000 × $1.14 = $68, 400
The amount Wyman company received on the date of payment is $12,600 less than the amount it ought to have received on the date of sale.
So Wyman company should recognize a foreign exchange loss in the amount of $12,600
Answer:
rocesses often producea high variety of products/services and high-volume operations processes often produce a narrow variety of products/services. The design of any process should be governed by the volume and variety it is required to produce. Depending on those factors, processes will changeExplanation:
Answer:
North Korea - Command Economy.
Explanation:
In Command Economy, the government control all means of production. The citizens have no power to actually make efforts to own these resources.
To proof it, we can refer to the economic freedom ranking that was created by Heritage Foundation. From all 180 countries included in the ranking, north Korea placed at the very bottom.
The Government of North Korea have total control of the economy. They determine what products should be made, what type of jobs the citizens can held, and how those resources should be distributed among the people.
Answer: $66, 600
Explanation:
Predetermined overhead rate = Estimated total manufacturing overhead cost ÷ Estimated total amount of the allocation base = $373,040 ÷ 60,800 direct labor-hours = $6.3 per direct labor-hour Overhead over or underapplied Actual MOH = $432,000 Applied MOH = $6.3 x 58000 = $365,400 Underapplied MOH = 432,000-365,400 = $66,60
Regarding the Production Possibilities Curve, a decrease in the unemployment rate will most likely move us from a point inside the PPC to a point closer to the PPC.
Option B;
<u>Explanation:
</u>
The curvature of production options measures the maximum capacity of two items by means of a specified input amount. There was a misunderstanding. Each item on the curve indicates how much every good is generated when assets change from one good to another. The curve tests the difference between one positive and another.
As somewhat of a movement within the Curve of production opportunities it may be decreased to a point nearer to the Curve of production opportunities as an inside point
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