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3 years ago

"________ is an area that allows member states to freely move components of production such as capital and labor across borders"

Business

1 answer:

Ne4ueva [31]3 years ago

4 0

Answer: Common Market

Explanation:

Common market is also a type of economic integration. The economic integration ranges from Preferential trade agreement, free trade agreement, custom unions, common market and economic union.

The countries cooperate with each other by initiating these types of economic integration.

Common market is a category of economic integration where there can be a free flow of factors of production such as capital and labor between the nations. There is a free movement of capital and labor among trading partners. Common market is a area where group of countries work together to encourage trade by removing tariffs for their member countries.

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Schneider, Inc., had the following information relating to Year 1: Budgeted factory overhead: $74,800 Actual factory overhead: $

astraxan [27]

Answer:

The actual direct labor hours are 45,000.

The overhead rate for Year 2 is $1.74.

Explanation:

Compute the actual direct labor hours:

$\begin{aligned}\text{Actual direct labor hours}&=\dfrac{\text{Applied overheads}}{\text{Overhead rate}}\\&=\dfrac{\$76,500}{1.7}\\&=45,000\end{aligned}$

Therefore, the actual direct labor hours are 45,000.

Compute the overhead rate for Year 2:

$\begin{aligned}\text{Overhead rate}&=\dfrac{\text{Actual overheads}}{\text{Actual direct labor hours}}\\&=\dfrac{\$78,300}{45,000}\\&=1.74\end{aligned}$

Therefore, the overhead rate for Year 2 is $1.74.

Working note:

Calculate the overhead rate for Year 1:

$\begin{aligned}\text{Overhead rate}&=\dfrac{\text{Budgeted overheads}}{\text{Estimated direct labor hours}}\\&=\dfrac{\$74,800}{44,000}\\&=1.7\end{aligned}$

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2 years ago

Car dealer ben carte paid 97 percent of the base price of 22,567. he also paid 93 percent of options totaling 3,465. and a desti

lakkis [162]

Answer: im also working on my school work and i also need help i tried to work on that question im confused but i know that 22,567-97% is 677.01

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2 years ago

Elite Trailer Parks has an operating profit of $307,000. Interest expense for the year was $32,000; preferred dividends paid wer

ollegr [7]

Answer:

a. $8.33

$1.95

b.$136,500

Explanation:

The computation of earnings per share and the common dividends per share is shown below:-

a. Earning per share = Earnings Available to Common Stockholders ÷ Number of Shares of Common Stock Outstanding

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= $8.33

Dividends per Share = $41,800 ÷ 21,400

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= $136,500

We simply applied the above formulas

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3 years ago

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Answer:

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3 years ago

Based on what you have read, Paul has the absolute advantage in the production of ...

suter [353]

Answer:

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