Answer:
$135
Explanation:
Computation of the Total product costs
Total product costs
Direct labor (Assembly-line workers' wages)=$11
Direct material $69
[Chipset $61+ Exterior case for phone $8]
Manufacturing overhead (Depreciation on plant and equipment)= $55
Total Product costs=$135
Therefore the Total product costs will be $135
Answer:
Cost of Goods Sold on the income statement differs between the methods causing
Income Tax Expense to differ.
Explanation:
A Business product <span>is used to manufacture other goods or services, to facilitate an organization's operations, or to resell to other customers.
One example of a business product is timber. Timber is a type of product that would be needed as a materials for the product in various industries and it can be sold to other companies such as a furniture company, a paper company, a clothing company, etc.</span>
Answer:
The exchange rate is $1 = 2 pounds.
Explanation:
The exchange rate is the relative value of the two currencies. In other words, the amount of one currency you can exchange for another currency.
The US dollar is defined as equal to 0.1 ounces of gold.
The British Pound is defined as equal to 0.05 ounce of gold.
The exchange rate between the two countries is
= 
= 
= 2
So the exchange rate is $1 = 2 pounds. This means that $1 can be used to exchange 2 pounds.
