Answer:
D. The trade barrier would be considered null and void
Explanation:
World trade organization (WTO) was set up to ensure that trade among member countries goes smoothly without any impediment. The aim of WTO is to promote and control free trade among member nations.
The body is responsible for reducing duties and other trade barriers for their exports among member nations. When trade dispute arises among it's members, the body settles such dispute. With regard to te above , the trade barrier will be considered null and void because it negate the forum trade policies.
There is also trade negotiation done by the body on behalf of it's members while also monitoring compliance with trade policies.
Diversity should not be applauded because the people of a nation should be from that nation
Answer: $41,000
Explanation:
40% of conversion for the beginning work in process so 60% is left.
= 40% * 10,000 * 2.5 ( cost of conversion)
= $10,000
All the units were finished and transferred out so the cost attached will be;
= Materials cost + Conversion cost + Conversion cost for the beginning inventory
= 20,000 + 11,000 + 10,000
= $41,000
Answer:
The correct answer is (B) False.
Explanation:
Variable costs, as the name implies, differ with the level of production and are associated with the use of variable factors, such as labor and raw materials. Since the amounts of factors increase as production increases, variable costs increase when it does.