Answer:
$27,250
Explanation:
The computation of incremental income or loss on reworking the units is shown below:-
For computing the incremental income or loss on reworking the units first we need to follow some steps which is shown below:-
Incremental revenue per unit = Selling price after rework - Selling price as scrap
= $22.00 - $5.60
= $16.40
Total Incremental Revenue = Incremental revenue per unit × Total defective units
= $16.40 × 2,500
= $41,000
Total rework costs = Total defective units × Defects per unit
= 2,500 × $5.50
= $13,750
Now,
Incremental income or loss on reworking the units = Total Incremental Revenue - Total rework costs
= $41,000 - $13,750
= $27,250
Answer: A
Explanation:
Coverage C is the one of the Institute Marine Cargo Clauses and it is also referred to as a "named perils policy". It lists risks that will be covered and the list is limited to stranding, fire, collision, jettison and sinking. It does not include damages from rough weather, water damages, washing overboard and losses while loading and unloading.
Coverage C is insufficient for containerized goods, except goods that will not be affected by an international journey and, there won't be a major loss if lost overboard. Coverage C fits bulk cargo, as a loss is unlikely unless the ship has a major damage.
Answer:
The correct option is D. Customize product offering and marketing strategy to local conditions
Explanation:
Global standardization strategy refers to the ability to use a particular standard of marketing internationally. In other words, it's the ability for an organization to use the same marketing strategy from one country to another country, and across various cultures.
What this means is that an organisation using the global standardization strategy will treat the world as largely one market and one source of supply with little local variation.
Therefore, the firms following the global standardization strategy will not Customize product offering and marketing strategy to local conditions
.
Answer:
A. a good is initially produced by producers with higher opportunity costs and eventually produced by producers with lower opportunity costs
Explanation:
The production possibility frontier is a curve that shows the two combinations of goods and services produced in an economy.
Because of trade a country can specialise in the production of goods for which it has a lower opportunity cost in its production and import goods for which it has a higher opportunity cost.
This makes the ppf bowed out as the country produces more of the good for which it has a lower opportunity cost and less of the good for which it has a higher opportunity cost.
I hope my answer helps you
Answer:
$4,000
Explanation:
Sam's gross income from this transaction can be calculated by subtracting the price of the car and the tractor from the cost basis of the land.
Sam's gross income = cost basis of land - price of car and tractor = $20,000 - $16,000 = $4,000
In this case Sam's gain should be considered capital gains since it is a gain made from the selling investments that are held for more than 1 year.
