Answer:
The correct answer is option d.
Explanation:
When $500 is kept in the piggy bank, it represents the <u>store of value</u> function of money,as currency notes are used to store a value of $500 for future use.
The price of laptop is $500, this price represents <u>the unit of account</u><u> </u>function of money. Money here is being used to represent the value of laptop.
The $500 saved in piggy bank is used to purchase the laptop, this represents the <u>medium of exchange</u> function of money. Here money is being used to exchange goods and services.
The cost object of the plant-wide overhead rate method is "The unit of product"
Explanation:
Unit cost is the total production cost divided by the number of units manufactured. A company usually produces similar products in lots with hundreds or thousands of units per batch.
An overall overhead rate for the entire plant is a single level used only to allocate or assign all overhead production costs for a company to its output of production. Products for easier operation, such as assembly, can be allocated overhead at a level of $20 per hour of direct work.
Answer:
d. Fixed manufacturing overhead.
Explanation:
As we know that
The variable cost would remain the same in case of per unit while it could be changed in values while the fixed cost would remain the same in case of values but could be changed in per unit
But in case of the fixed manufacturing overhead, if the production level varies so it changes significantly and the direct material + direct labor are the direct cost
So the correct option is d.
Option E , ASEAN trading bloc would reduce trade barriers between China and Vietnam
Explanation:
The Association is a national intergovernmental body of ten countries in Southeast Asia that promotes intergovernmental cooperation and facilitates the integration of its members and others in the Asian economy, diplomacy, defense, the army, education and social-culture.
In and beyond the Asia-Pacific region, ASEAN regularly engages with other countries. ASEAN is a major partner in the Shanghai Cooperation Organization and operates a global network of allies and dialog members, many of them considered a financial superpower and central Asia-Pacific co-operation union.
The ASEAN Secretariat is headquartered in Jakarta, Indonesia, and is involved in numerous international affairs, and holds diplomatic missions all over the world.
Answer:
$105.34
Explanation:
Given:
- Coupon rate of 6.7% semiannually = 6.7%/2 = 3.35% (semi-annually)
=> Coupon payment: $100*3.35% = $3.35
- Yield to maturity is : 3.1% + 0.8% = 3.9%/2 = 1.95% (semi-annually)
Using present value formula in excel
pv=(rate,nper,pmt,fv)
pv = (1.95%, 4, 3.35,100)
pv = $105.34
The price of the firm's outstanding two-year bonds be per $100 of face value is: $105.34