Answer:
Total period costs= $12,500
Explanation:
iving the following information:
Salaries for assembly workers $32,000
Cost of materials $1,400
Lubricants for machines $680
Accountant’s salary $4,600
Factory supervisor’s salary $4,700
Sales commissions $3,200
Period costs are not directly tied to the production process.
Period costs:
Accountant’s salary $4,600
Factory supervisor’s salary $4,700
Sales commissions $3,200
Total period costs= 12,500
When the dollar is worth less in relation to currencies of other countries, you are more likely to purchase American-made product.
<h3>How currencies are valued ?</h3>
Collective supply and demand determine the value of a currency. Numerous variables, such as interest rates, inflation, capital flows, and money supply, have an impact on supply and demand. Currency is most frequently valued using exchange rates.
<h3>What makes a currency more valuable?</h3>
When there is a high demand for a currency, it will appreciate in value. Conversely, when there is a low demand for a currency, it will depreciate in value.
A controlled floating exchange rate is what determines the current exchange rates between nations. With a managed floating exchange rate, each currency's value is influenced by the policies taken by its central bank or government in terms of the economy.
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Answer:
Materials quantity variance = $2,350 F
Explanation:
Given:
Standard quantity = 3.7 kilos per unit
Standard price = $5 per kilo
Unit produced = 6,300
Total material = 23,780
Computation:
Materials quantity variance = (Actual quantity × Standard price) - (Standard quantity × Standard price)
Materials quantity variance = (23,780 × $) - (6,300 × 3.7 × $5)
Materials quantity variance = $118,900 - $116,550
Materials quantity variance = $2,350 F
Answer:
D) A doubling of the price of salt led to 5 percent drop in the quantity of salt purchased.
Explanation:
Law of supply in economics says that when the price increases the supply too increases if other factors is is constant.
Therefore, among the given options the only option that is consistent with the law of supply is "A doubling of the price of salt led to a 5 percent drop in the quantity of salt purchased"
