The reason why trade barriers is being used when the us refuses to trade with another country is: Upholding standards.
<h3>What is upholding standard?</h3>
Upholding standard is the process were a country tend to follow and maintain their set standard without deviating from it.
United states refuse to trade with others country because other country were using children as a laborer to produce goods and United state is against it leading to what is called trade barrier.
Inconclusion the reason why trade barriers is being used when the us refuses to trade with another country is: Upholding standards.
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Answer:
No, the U.S. is not regressing
No, it will not take over the U.S.
Explanation:
No, the United States is not regressing because the poor country can boost their growth rate by taking the advanced technology from the developed countries like the United States. So it is easy to poor countries to increase their growth rate but for the developed nations who already using the advance technology is difficult to increase growth rate.
No, the country will not take over the United States because the percentage increase in GDP can be greater but actual value of GDP will be very high in developed nations.
Answer:
($43,700)
Explanation:
38,000 units produced:
- Direct materials $
6.50
- Direct labor $6.60
- Variable manufacturing overhead $3.75
- Fixed manufacturing overhead $3.45
- total cost per unit = $20.30
outside supplier offers parts at $18 per unit
fixed manufacturing overhead is unavoidable
Alternative 1 Alternative 2 Differential
keep producing buy amount
Prod. cost $771,400 $0 $771,400
Purchase cost $0 $684,000 ($684,000)
<u>Unavoidable costs $0 $131,100 ($131,100) </u>
total $771,400 $815,100 ($43,700)
The financial disadvantage of purchasing the parts from an outside vendor = ($43,700)
Answer:
The bad debts would be debited with $5,000.
Explanation:
The bad debts under the allowance method is calculated by either as a percentage of accounts receivables or as a percentage of sales.
Percentage of Sales method:
In the percentage of sales method the allowance is calculated as below:
Allowance for doubtful debts = Sales * Percentage for doubtful debts
Allowance for doubtful debts = $500,000 * 1% = $5,000
Now always remember that this amount will be used only and their is no need to include the allowance for doubtful accounts balance.
Whereas on the other hand, in the percentage of accounts receivable method the allowances are included in the amount calculated.
The entry would be:
Dr Bad Debt Expense $5000
Cr Allowance for Doubtful Debts $5000
It is indeed quantity supplied and the economists define it as the amount of a good that sellers are willing to sell and are able to sell. One of the movements related to the quantity supplied syas that when there are rising prices then there are new firms into a market and add to the quantity supplied of a good. Quantity supplied can be measured with a Market supply curve or the <span>Elasticity of supply.</span>