Answer:
Cost of goods manufactured $ 123,460
Cost of goods sold: $ 126,360
Explanation:
<em>Raw materials </em>
beginning 9500
purchased 58740
ending <u> (16180) </u>
used in production 52060
<em>cost added </em>
materials 52060
direct materials 50330
overhead <u> 23960 </u>
total 126350
<em>COGM </em>
beginning WIP 5670
added 126350
ending WIP <u> (8560) </u>
COGM 123460
<em>COGS </em>
beginning FG 9700
COGM 123460
ending FG <u> (6800) </u>
COGS 126360
Answer:
Management by exception
Explanation:
This is a practice of examining the financial as well as operational results of a business and bringing to management only those differences that show a significant difference between the budgeted and actual amounts. This allows managers to focus on the highly important variances that can affect the growth and profitability of a company significantly. This concept, can however be fine-tuned where small variances are shown but to low-level managers whilst the senior managers will look at the large variances.
Answer: Bilateral Investment Promotion and Protection Agreement.
Explanation:
The most useful way of standardizing financial statements is to choose a _<u>base year</u>,_ and then express each item in the period under review relative to the _amounts____ in the base year.
<h3>What are comparative financial statements?</h3>
Comparative financial statements compare a particular financial statement with previous statements. Previous financial statements are presented in side-by-side columns with the latest figures. With this, investors are able to track a company's progress over some periods and compare the company's financial results and performance with its industry competitors.
Thus, financial statements can be compared using financial ratios, which express the relationships between the various items within a financial statement, or using a base year.
Learn more about comparative financial statements and financial ratios here: brainly.com/question/9091091
Answer:
103.4709
Explanation:
The computation is shown below:
Given that
U.S inflation rate = 3%
Japan inflation rate = 1.5%
Current exchange rate = 105
Now the new exchange rate for the yen is
= Current exchange rate × (1 + Japan inflation rate) ÷ (1 + U.S inflation rate)
= 105 × (1 + 1.5%) ÷ (1 + 3%)
= 105 × (1.015 ÷ 1.03)
= 105 × 0.985436893
= 103.4709