Answer:
$0.15 hours per unit
Explanation:
Given that
Direct material cost = $16
Assume Direct labor cost = X
Manufacturing overheads = $18
Profit margin = 20%
Direct labor per hour cost = $28
The computation of direct labor-hour input is shown below:-
Total manufacturing cost = X + $34
Total cost of goods sold = (X + $34) × 1.7 = $66
Direct labor cost per unit
= (X + $34) = $38.82
= $38.82 - $34
= $4.32
Direct labor hours per unit = Direct labor cost per unit ÷ Direct labor per hour cost
= $4.32 ÷ $28
= $0.15 hours per unit
Answer: Floating exchange rate
Explanation: The floating exchange rate is a mechanism under which a country's exchange prices are set by the supply and demand-based foreign exchange market compared to other currencies. It compares with a fixed exchange rate, wherein the government decides the rate completely or mainly.
Floating currency regimes mean that lengthy-term currency price movements represent relative economic power and country-to-country rate of interest differences.
A currency that is too high or low may have a negative impact on the country's economy, impacting trade and debt-paying efficiency. The state or banking system would try to take action to bring their currencies towards a more desirable level.
Answer:
10 ways to increase your wholesale sales
1. Offer specials that bring retailers better-than-wholesale prices.
2.Provide outstanding customer service.
3.Make wholesale ordering, delivery, and billing as seamless as possible.
4 Streamline your operations.
5.Make order recommendations.
6.Create compelling, eye-catching campaigns.
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Answer:
A
Explanation:
When the Canadian dollar depreciates against the euro, the value of the Canadian dollar falls relative to the Euro.
For example, the exchange rate before the depreciation is 40 Canadian dollar / Euro. After the depreciation, it is 80 Canadian dollars / Euro.
Goods become more expensive for Canadian buyers of foreign goods. For example, a foreign good costs 160 Euros. Before the depreciation the good would cost (160 x 40) = 6400 Canadian dollars. After the depreciation, it would cost, 12,800 Canadian dollars.
Canadian sellers to foreign buyers don't benefit from the depreciation. Assume a local good costs 40 Canadian dollars. foreigners would pay 1 Euro for the good before depreciation. After depreciation, foreigners would pay 0.5 Euros for the good
Answer:
A. Yes
B. $170,000
Explanation:
A. Yes For consolidation purposes, the direction of the transfers for either upstream or downstream does affect the balances to be reported here reason been that when calculating the noncontrolling interest balances in a situation where it is present we have to taken into consideration the deferral of unrealized gross profits on upstream sales where Downstream on the other hand are assigned to the parent in which they will be viewed as if they have no any impact on the outside interest.
B. Preparation of a consolidated income statement for the year ending December 31, 2018
AKRON, INC. AND CONSOLIDATED SUBSIDIARY
Income Statement Year Ending December 31, 2018
Sales $1,380,000
[1,100,000+(600,000-320,000)
Less Cost of goods sold ($575,000)
(500,000+50,000+15,000)
Gross profit $805,000
($1,380,000-$1,380,000)
Operating expenses 635,000
(400,000+220,000+15,000)
Consolidated net income $170,000
($805,000-635,000)
Therefore Consolidated net income will be $170,000
