Answer:
The correct answer is A. One of the benefits of the current pattern of global trade is that consumers pay lower prices for goods and services.
Explanation:
Today, globalization has expanded international markets, interconnecting nations and their economies through free trade agreements, tariff elimination agreements and even through the transfer of companies from developed countries to peripheral countries, generating work in these nations and lowering production costs that allow reducing prices. All this allows consumers to access goods and services at a much lower cost than they previously accessed, thus reducing the amount they dedicate to consumption and thus increasing the performance of their wages, even allowing poverty reduction and a greater quality of life for people.
Since the unemployment is low, hiring people fit for the job is a no easy task. posting stricter requirements narrows the chance even more to hire people. A good strategy here is <span>D.The restaurant will offer a higher wage than other competitors to attract people who will apply for the job</span>
Answer:
Predetermined rates for each cost pool
Ordering = <u>$120,000</u>
240,000 orders
= $0.50 per order
Machine set-up = <u>$85,000</u>
340,000 set-ups
= $0.25 per set-up
Inspection = <u>$75,000</u>
75,000 inspections
= $1 per inspection
Explanation:
The predetermined rates are obtained by dividing the estimated overhead for each cost pool by the cost driver.
Answer:
Gross Profit for May 798
Explanation:
<u>under FIFO </u>
We need to use units from the beginning of the month first.
May 10th sale 12 x $16 = 192
May 20th sale 15 x $16 = 240
May 23th
2 x $16 = 32
8x 1$8 =144
Total COGS
608
Sales Revenue 37 x 38 = 1,406
Cost of Good Sold (608)
Gross Profit for May 798
Answer:
a. increase and the equilibrium quantity will increase.
Explanation:
If the price of a substitute to lcd televisions rises, the demand for lcd tvs increase. This would lead to an increase in price and equilibrium quantity.
I hope my answer helps you.
