Economic profits that are present in the short run.
Answer:
$65,000 Favorable
Explanation:
- Volume variance compute the difference due to volume of sales budgeted and actual sales qty.
- Budgeted Selling pricec =780000 /12000 = 65
- Sales volume variance = Budgeted Selling price (Actual sales qty-Budgeted Sales qty)
65.00 (13000-12000) = 65000 Fav
Answer is $ 65000 Favorable
Answer:
He can choose to defer the recognition of the income until next year, only if the income is not recognized for financial accounting purposes.
Answer: .A) nontariff trade barrier
Explanation:
A Non-Tariff trade barrier as the term implies, refers to measures apart from the imposition of tariffs meant to protect local businesses in a country by restricting the trade of international products in that same country.
Such measures include but are not limited to,
• Quotas,
• Levies,
• Embargos, and
• Sanctions etc
