All categories

3 years ago

Following a peso appreciation relative to the dollar, which of the following results is expected to occur?

Business

1 answer:

liubo4ka [24]3 years ago

7 0

Answer:

Explanation:

A currency appreciates when its value increases.

For example if $1 was exchanged for 50 pesos. After appreciation of the pesos, $1 would buy $25 pesos.

So more $2 would be needed to buy 50 peso after the appreciation when before the appreciation $1 was buying 50 pesos.

As a result Mexican goods would become more expensive to US consumers and the revenue earned by Mexican producers would increase

You might be interested in

For Mortenson Company, the following information is available: Cost of goods sold $130,000 Dividend revenue 5,000 Income tax exp

koban [17]

Answer: should be reported at $70,000.

Explanation:

Gross profit is the profit that is made by a business after the costs that are used during production has been deducted from the revenue gotten from sales. Therefore, the gross profit will be:

Sales revenue = $200,000

Less: cost of goods sold = $130,000

Gross profit = $200,000 - $130,000 = $70,000

Therefore, the gross profit should be reported at $70,000

3 0

3 years ago

You are an occupational health nurse in a large ceramic manufacturing company. how would you intervene to prevent occupational l

Ira Lisetskai [31]

As a health nurse here are some prevention methods for lung diseases for the people that work in ceramic industry that everyone should be aware of:

Make sure to use a ceramic mask when you are working or mixing the clay to make sure you do not inhale any fine particles.
At all costs unnecessary exposure to the dust should be avoided as these dust particles when inhaled decrease the lung capacity.
Do not eat or drink at your working place as these will again go through your system leading to any damages.
Always be aware of the ingredients that are using if they are harmful the management should be made aware so that it doesn't harm when working with them.
Good and clean working environment with a flow of fresh air should be insured.

To know more about lung diseases refer to the link below

brainly.com/question/15645636

#SPJ4

3 0

2 years ago

hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $62,000 in raw materials. Its mixing depar

Sliva [168]

Answer:

The answer is given below

Explanation:

From the question given, we resolve the issue as follows:

Hotwax purchased $62,000 in raw materials

The mixing department requisitioned $50,000 of those materials for use in production.

We prepare a journal entries to record its purchase of raw materials and requisition of direct materials.

Raw materials Inventory = $62,000

Cash = $62,000

Wip 50,000

Raw materials Inventory = $50,000

3 0

3 years ago

Manufacturing uses normal costing for its job-costing system, which has two direct-cost categories (direct materials and dire

Anvisha [2.4K]

Answer:

Results are below.

Explanation:

Giving the following information:

Total manufacturing costs, $8,450,000

Manufacturing overhead allocated, $3,750,000 (allocated at a rate of 250% of direct manufacturing labor costs)

Work-in-process inventory on January 1, 2017, $390,000

Cost of finished goods manufactured, $8,020,000

First, we need to calculate the direct material and direct labor:

Direct labor= Manufacturing overhead allocated/2.5

Direct labor= 3,375,000 / 2.5

Direct labor= $1,350,000

Total manufacturing costs= Direct material + direct labor + allocated overhead

8,450,000= Direct material + 1,350,000 + 3,375,000

Direct material= $3,725,000

Finally, the ending work-in-process:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

8,020,000= 390,000 + 8,450,000 - Ending WIP

Ending WIP= $820,000

3 0

3 years ago

Which one of the following is not of much significance to company managers in deciding whether profitable opportunity exists to

ratelena [41]

Answer:

The correct answer is C)

Explanation:

Whether or not companies in the industry expanded their capacity is really not of much concern. What should concern management are the other factors:

Forecasted Demand Vs Actual Demand: This tells us what has happened in the market
Forecasted Growth in Demand: This tells us what might happen in the market
Industry-wide capacity to meet demand is critical information: This tell us what other companies are doing and how it is shaping the market. That is, is the market saturated or not.
If beginning inventories are very high, in each of the regions reported, installing additional production capacity is not a very sound business decision.

Cheers!

5 0

3 years ago