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Ksivusya [100]
3 years ago
13

or decades United States has been a major manufacturer of the World consumer goods. Nowadays, many items we buy from the United

States are made in China. What are the economic implications of this practice to both countries?
Business
1 answer:
Verdich [7]3 years ago
6 0

Answer:

For decades, the United States has produced trillions of dollars in manufactured goods that were destined for domestic consumption and export, thus supplying the world market with products made in America. This production meant that many Americans had employment opportunities in these industries, and that the United States was the main exporter of merchandise in the world.

Today, globalization has diversified world manufacturing production. In the case of America, the relatively high cost of the dollar has made American companies look for cheaper places to produce, such as China or Mexico, where they can produce more units at the same cost as they produce a single unit in America. This has caused many Americans to lose their jobs, and large industrial cities like Detroit to lose large amounts of population. In addition, the United States went from being the main exporter of goods to being the main importer, leaving the first place to China.

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Robert Company purchased $100,000 of 8 percent bonds of Evergreen Corp. on January 1, 20x1, at $92,278. The bonds mature January
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On January 1st, 20x1, Robert Company paid $92,278 for $100,000 of Evergreen Corp.'s 8% bonds that were available for sale. 12% is the market yield. Interest is paid on April 30 and October 31 of each year. Bush is a company with a calendar year. The right response is $4,556,500.

On December 31x1, Fox should declare $4,556,500.

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$50,000 Bonds are currently valued $4,530,000.

From July 1 to December 31, the discount is amortised over a six-month period: Bonds are currently valued $4,580,000.

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From July 1 to December 31, the discount is amortised over a six-month period: Interest Income = $226.00 ($4,530,00% x 10% x 6/12)

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Discount amortised is calculated as $226500 less $200000, or $2650.

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5 0
1 year ago
Demand is variable and the company wants to build a safety stock into R. The average daily demand is 15, the lead time is 3 days
olya-2409 [2.1K]

Answer:

Average daily demand (d) = 15

Lead time (L) = 3 days

Value of Z = 2

Standard deviation of demand during lead time = 5

Reorder point = d × L + (Z × standard deviation of demand during lead time)

= 15 × 3 + (2 × 5)

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8 0
3 years ago
At the beginning of the year, manufacturing overhead for the year was estimated to be $477,590. At the end of the year, actual d
neonofarm [45]

Answer:

At the beginning of the year used in the predetermined overhead rate must have been $16.30 per labor hour

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Over applied manufacturing overhead = Manufacturing overhead applied - Actual manufacturing overhead

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Manufacturing overhead applied = $110 + $472,590

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