Whelp, it is not A or C. No mention of insurance or business. With this logic, I would say D because there is no mention of investing (B).
Answer:
Total production= 14,500 units
Explanation:
Giving the following information:
The finished goods inventory on hand at the end of each month should equal 4,000 units plus 25% of the next month's sales.
The expected sales in January are 14,000 units and expected sales in February are 18,000 units.
Assume that on January 1 the inventory of Quickclean was 8,000 units.
Production for January:
Sales= 14,000
Ending inventory= 4,000 + (18,000*0.25)= 8,500
Beginning inventory= (8,000)
Total production= 14,500
Answer:
1. 60,000 hours
2. $210,000
3. $10,500 Unfavorable
Explanation:
1. Standard Hours = 3 per unit
Actual production units = 20,000
Standard Hours for actual production = Standard Hours × Actual production units
= 3 × 20,000
= 60,000 hours
2. Applied variable overhead = Standard hours × Standard Rate per hour
= 60,000 × $3.50
= $210,000
3. Total Variable overhead variance = Applied variable overhead - Actual variable overhead overhead
= $210,000 - $220,500
= $10,500 Unfavorable
Answer: Decline
Explanation:
If U.S. goods fall in quality, less people will demand the goods which will lead to a fall in U.S. exports.
As U.S. goods are denominated in dollars, a fall in the demand for US exports is akin to a fall in demand for the US dollar.
The US dollar gets weaker so the exports at every exchange rate will fall.
Net exports is calculated by subtracting imports from exports so net exports will decline as a result of exports falling.