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3 years ago

Exchange rate shifts that cause the Sing$ to be weaker versus than the Brazilian real:

Business

1 answer:

Luden [163]3 years ago

8 0

Answer:

make the export of footwear from Asia-Pacific plants to Latin America less competitive and give rise to negative/favorable exchange rate cost adjustments.

Explanation:

Exchange rate is defined as the rate at which one currency can be exchanged with another. It determines balance of trade, that is the amount of one countrie's goods that can be exchanged for another one's.

When exchange rate causes Sing$ to be weaker versus than the Brazilian real, it results in more of the Sing$ used to purchase one Brazilian Real.

Export of footwear from Asia-Pacific plants to Latin America will be more expensive, so it will be less competitive.

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Baskets Inc. gathered the following actual results for the current month: Actual amounts: Units produced 5600 Direct material

Novosadov [1.4K]

Answer:

Direct Material Quantity Variance = $10200 Fav

Explanation:

given data

Units produced = 5600

Direct materials purchased and used (7800 lbs.) = $70,200

Budgeted production = 5300 units

Direct materials 2.0 lbs/unit = $3/lb

to find out

direct materials quantity variance

solution

we get here Direct Material Quantity Variance that is express as

Direct Material Quantity Variance = (Standard Quantity - Actual Quantity) × Standard Rate ......................1

so put here value we get

Direct Material Quantity Variance = ( 5600 × 2.0 - 7800 ) × 3

Direct Material Quantity Variance = (11200 - 7800 ) × 3

Direct Material Quantity Variance = $10200 Fav

3 0

3 years ago

On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 16,000, $7 par, common sha

Otrada [13]

Answer:

See the answers and explanation below.

Explanation:

a. the necessary journal entries assuming a small (10%) stock dividend

Date Details Dr ($) Cr ($)

Sept. 1 Stock Dividends (16,000 * 36 * 10%) 57,600

Common Stock (16,000 * 7 *10%) 11,200

Additional Paid-in Capital - Common Stock 46.400

To record a small (10%) stock dividend on common stock. .

b. the necessary journal entries assuming a large (100%) stock dividend

Date Details Dr ($) Cr ($)

Sept. 1 Stock Dividends (16,000 * 7 * 100%) 112,000

Common Stock (16,000 * 7 *10%) 112,000

To record a large (100%) stock dividend on common stock. .

c. the necessary journal entries assuming a 2-for-1 stock split.

"No journal entry required"

Note: Although no journal entry is required here but the number of common stock will increase to 32,000 (i.e. 16,000 * 2 = 32.00).

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JulijaS [17]

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3 years ago

The etruscans developed a special sophistication in casting and engraving on

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The Etruscans developed a special sophistication in casting and engraving on bronze.
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3 years ago

Do you think the study of Financial Accounting can help you in running your business? Why?

ss7ja [257]

Answer:

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3 years ago