Answer:
the cost of the unused capacity reported is $11,400
Explanation:
The computation of the cost of the unused capacity reported is as follows:
= (Estimated amount of overhead ÷ capacity machine hours) × (capacity machine hours - actual machine hours)
= ($22,800 ÷ 19,000 machine hours) × (19,000 - 9,500)
= $1.2 × (9,500)
= $11,400
hence, the cost of the unused capacity reported is $11,400
Answer:
a) Services such as web
b) International trade agreements
c) Better high-speed rail lines
Explanation:
a) Services such as web conferencing and teleconferencing that facilitate international meetings International trade
Trading Partners are able to reach each other way faster and conclude deals in times that would be considered a record in the 50's. Transaction costs have also been reduced enabling more trade.
b) International trade agreements such as the General Agreement on Tariffs and Trade (GATT)
Such agreements have reduced barriers to entry for companies doing business across borders. This has had the effect of trade increasing dramatically to take advantage of these agreements.
c) Better high-speed rail lines
With advancements in railway technology leading to faster rail lines, trade has moved at an unprecedented pace, taking advantage of one of the main conduits for international trade to move goods across borders to get goods to consumers quicker.
Answer:
A. A market failure caused by an externality
Explanation:
An externality is a term in economics that refers to a cost or benefit received by a third party. However, the third party has no control over the creation of that cost or benefit. In this case the lung cancer is developed because of smoke generated by a third party.
Answer:
C. Counterpurchase
Explanation:
Counter purchase is a particular type of countertrade arrangement whereby an exporter of goods agrees to buy a certain number of goods from the country it exports to, in exchange for the product the country would buy from the exporter. This is commonly used in international business arrangements and the goods that are being sold by the two different parties are usually unrelated to each other but could be of equal value.
Answer:
$13,532
.00
Explanation:
The cost allocation is usually based on a measurable factor such as area occupied, number of students etc. The more the measurable factor related to a unit/department, the more the cost assigned to the departments on the basis of the size of the measurable value.
Total number of employees
= 640
the amount of cost allocated to Department B under the direct method would be
= 199/640 * $43,520
= $13,532