Trade balance is calculated by subtracting imports from exports. In this case, exports are higher than imports which means we have a favorable trade balance. If imports were more than exports, you would have a negative trade balance.
The answer to your question is A. The right to be redress
Answer:
Direct material quantity variance= $10,980 unfavorable
Explanation:
Giving the following information:
Standard Price or Rate Direct materials 8.5 kilos $ 6.00 per kilo
The company reported the following results concerning this product in August. Actual output 3,200 units Raw materials used in production 29,030 kilos Purchases of raw materials 31,600 kilos. Actual cost of raw materials purchases $ 195,920
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Standard quantity= 8.5*3,200= 27,200 kg
Actual quantity= 29,030kg
Standard price= $6
Direct material quantity variance= (27,200 - 29,030)*6= $10,980 unfavorable
Answer: B) A loss of $200,000 on its income statement in the year the bonds are called.
Explanation:
The bonds were issued at Par. This means they were issued at 100 of par.
The bonds are now trading at 104 of par.
If Sand Inc calls the bonds then they will make a profit (loss) of,
= 5,000,000 * 104/100
= $5,200,000
Therefore their Profit (loss) will be the bond at par minus the Calling price
= 5,000,000 - 5,200,000
= -$200,000
That means they make a loss of $200,000 in the year the bonds are called.
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