Based on the weakened conditions of a currency exchange against the U.S. Dollar between 2008 and 2018, it would be advisable for Allison to go on a vacation for visiting Buckingham Palace in the United Kingdom.
<h3>What is the significance of currency exchange?</h3>
A currency exchange can be referred to or considered as the rate at which the currency of one country compares with the currency of any other country. U.S. Dollar is currently the strongest currency in the world.
When a comparison between the currencies like the American Dollar and Euros is done, it is found that there is a degrowth in the value of Euros against the dollars, and thus, vacation in such country will be cheaper for Allison to visit to.
Therefore, the significance regarding currency exchange has been aforementioned.
Learn more about currency exchange here:
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Answer:
The correct answer is A. Analogous estimating.
Explanation:
The analogous estimate, also called top-down estimates, means the use of real durations of similar previous activities, as the basis for the estimation of the duration of a future activity. It is frequently used to estimate the duration of the project when there is a limited amount of project detail information (for example in the initialization phase).
The Analog Estimate is also called top-down, it consists of using the real costs of similar previous projects as a basis for the estimation of costs of the current project. This technique is frequently used when the detail of the information about the current project is limited ( for example in the early stages Analog Estimation is a form of expert judgment It is less expensive than other techniques, and usually less accurate It is more reliable when the previous project is similar in fact and not only in appearance and when groups or individuals who prepare estimates, have the required experience.
Hi there
contribution margin is defined as revenues minus variable expenses. In other words, the contribution margin reveals how much of a company's revenues will be contributing (after covering the variable expenses) to the company's fixed expenses and net income.
The contribution margin of a manufacturer is the amount of net sales that is in excess of the variable manufacturing costs and the variable SG&A expenses.
So contribution margin equals
Sales-variable manufacturing cost-SG&A expenses
1,480,000−420,000−300,000
=760,000....answer
Hope it helps
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
