Answer:
We will be able to purchase fewer goods and services.
Explanation:
Appreciation of a currency in terms of another currency implies an increase in the worth of a currency in terms of another currency.
An appreciation in the value of peso in terms of dollars means that the worth of peso has increased in terms of dollar.
In other words, the worth of dollar in terms of peso has decreased. The value of $1,000 will decline.
So, a tourist in Mexico with $1,000 will be able to buy fewer goods an services.
Answer:
No all customers are diffrent one might like the smell of lavender when one customer might hate lavender and like the smell of honey.
Explanation:
Answer:
What was the amount of credit sales during May? $ 60200
Explanation:
April Deb Cre May
Account receivable 31200 66400 25000
31200 60200 66400 25000
Credit 66400 +
may-31 25000 +
apri-30 -31200 -
= 60200
Answer:
$37,600 favorable
Explanation:
Variable overhead spending variance can be computed as;
= (Actual hours worked × Actual variable overhead rate) - ( Actual hours worked - Standard variable overhead rate)
= ( 18,800 hours × $77,700/12,000) - (18,800 hours × $4.5)
= [(18,800 × $6.5) - (18,800 × $4.5)]
= $122,200 - $84,600
= $37,600 favorable
