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3 years ago

Nominal GDP, Exports, and Imports

Business

1 answer:

yKpoI14uk [10]3 years ago

6 0

Answer:

Net Exports 2015 are - $471.4 billion.

Net Exports 2016 are - $552.1 billion.

Explanation:

The net exports for a country is the difference between the value of exports and the value of imports of a country over a certain period of time. The amount of net exports can be wither positive or negative depending upon the value of exports being in excess of the value of imports or not. The formula for net exports is,

Net Exports = Value of Exports - Value of Imports

Net Exports for 2015 = 2344 - 2815.4

Net Exports for 2015 = - $471.4 billion

Net Exports for 2016 = 2372.7 - 2924.8

Net Exports for 2016 = - $552.1 billion

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3 years ago

Relevant costs for target costing include:

Firdavs [7]

Answer:

Correct answer is D. All future costs, both variable and fixed

Explanation:

In target costing, all future costs both variable and fixed costs are relevant. This is for us to clearly determine the desired profit that the company wants to attain. The process of costing is to determine all future costs that the company will possibly incur in the production and add it to the desired profit margin to know the unit sales price of the product.

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3 years ago

Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor

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Answer:

Instructions are listed below.

Explanation:

Giving the following information:

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A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 620,000/80,000= $7.75 per direct labor hour

B) Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305.

Job 200:

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Job 305:

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3 years ago

Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,500. Budgeted cash rec

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Answer:

$12,500

Explanation:

Budgeted cash receipts refer to the money that the company expects to receive in a specific period of time.

Budgeted cash disbursements are the payments that the company expects to make in a specific period of time.

$19,500+190,500-191,000= 19,000

Then, you have to subtract 19,000 from 31,500 to determine the amount that the company needs to attain its desired ending cash balance:

31,500-19,000= 12,500

According to this, the company should borrow $12,500.

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3 years ago

Helix reported the following information in its financial statements. Write-offs of accounts receivable were $200 in the current

olya-2409 [2.1K]

Answer:

the Bad debt Expense for the Year is $250

Explanation:

The computation of the bad debt expense is given below:

Bad debt Expense for the Year is

= Current year of Allowance for Doubtful Accounts + Write off in Current Year - Prior year of Allowance for Doubtful Accounts

= $400 + $200 - $350

= $250

Hence, the Bad debt Expense for the Year is $250

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3 years ago