Answer:
Latinmore made money on the exchange rate movement. It was an exchange rate gain of $369,566. The marginal tax impact was $147,826.
Explanation:
Since the standard practice in accounting is to reflect the current situation of the company, any change in the exchange rate that affects the assets of the company abroad must be recognized. The financial income of exchange gains are registered in the Income Statement and affects the base to pay income tax.
Answer:
C
Explanation:
C. . gives people jobs based on their family history and role in the
Answer:
C
Explanation:
here are the options to this question
a. equilibrium prices and quantities will increase.
b. equilibrium prices will increase by more if the demand for caviar is elastic than if demand is inelastic.
c. total revenues to caviar firms will increase if the demand for caviar is inelastic.
d. all of the above are correct
As a result of the increased government scrutiny of caviar, the supply of caviar would fall and a result of this, prices would rise.
if prices rise and demand is inelastic, the total revenue of caviar firms would rise.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
As a result of the rise in price of caviar, there would be little or no change in quantity demanded and total revenue of these firms would rise
Answer:
c. $60,500
$12.10 per unit.
Explanation:
The variable cost is the one which varies with the number of units produced. Adens Corporation has incurred variable and fixed cost for its unit’s production. To identify per unit variable cost for Adens Corporation we add up all the variable cost per unit and then multiply by units sold in the period which are 5,000 units to get total variable cost.
Variable cost per unit = Direct Material per unit + Direct Labor per unit + Variable manufacturing overheads per unit + Sales Commission per unit + Variable administrative expense per unit.
Variable cost per unit = $6.25 + $2.80 + $1.55 + $1.00 + $0.50.
Variable cost per unit = $12.10
Total variable cost for 5,000 units = $12.10 *5000 unit.
= $60,500.