Answer:
- there will be no adverse movement in exchange rates or interest rates.
Explanation:
John's best speculative element is that everything would remain in his favor; especially the exchange rates and there interest rates.
Assuming after his transaction there is a sudden negative or adverse effects on the interest rate from 6 percent to 1 percent for US deposit and a decline in the USD/Japanese Yen exchange rate he <u>would be faced with great loses.</u>
Answer and Explanation:
The preparation of production budget is shown below:-
Weightless Inc
Production Budget
For the month ending October 31
Units Bath Scale Units Gym Scale
Expected Units to
be sold 150,000 90,000
Desired Inventory,
October 31 12,500 8,000
Total 162,500 98,000
Less: Estimated Inventory,
October 1 -18,000 -10,000
Total Units to be
produced 144,500 88,000
Answer: Joint Venture
A Joint Venture is a business entity that is created when two or more corporations pool in their resources for a specific project.
The corporations that are a part of the Joint Venture share the governance, risks and rewards of the joint venture.
In a Joint venture the corporations who come together to form a joint venture retain their distinct entities.
Answer:
Direct Materials $ 14*20,000 = $ 28000
Direct Labor $ 14*1.9* 20,000 = $ 532,000
Variable Overhead $
14*1.9*1.2*20,000 = $ 638400
Fixed Overhead $
14*1.9*1.8*20,000 = $957600
Total Manufacturing Cost $ = 2156000
Less: Ending Inventory $ 107.8*730 = 78649
Cost of Goods Sold $2077306
Working:
Total Manufacturing Cost $ per unit = 2156000/ 20,000= 107.8 $
Ending Inventory $ 107.8*730 = 78649
Annual tax return is a document which states the income and expenses of a certain firm or individual and it is given to the tax department for further checking.
Depreciation expenses is the decrease in the cost of an asset that has appeared over a period of time because of its use. Any expense that is related to a certain asset is included to calculate the depreciation expense.
Depreciation expense: Cost of the asset - residual value/ total units expected to be produced * actual units produced
To learn more about depreciation expense, click here:
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