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3 years ago

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Business

1 answer:

sdas [7]3 years ago

3 0

Technology is fixed and that there are no more breakthroughs to improve production methods.

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Economic exposure, a category of foreign exchange risk, is distinct from transaction exposure, which is concerned with the effec

zhannawk [14.2K]

Answer; this is true

Because, Foreign exchange risk is divided into three main groups: transaction exposure, translation exposure, and economic exposure. Economic exposure is concerned with the long-run effect of changes in exchange rates on future prices, sales, and costs. This is distinct from transaction exposure, which is concerned with the effect of exchange rate changes on individual transactions, most of which are short-term affairs that will be executed within a few weeks or months

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3 years ago

Eclipse Solar Company operates two factories. The company applies factory overhead to jobs on the basis of machine hours in Fact

Korolek [52]

Answer and Explanation:

The computation is shown below:

a. Factory overhead rate for Factory 1 is

= Estimated factory overhead cost ÷ Estimated machine hours for the year

= $1,516,700 ÷ 52,300

= $29

b. Factory overhead rate for Factory 2 is

= Estimated factory overhead cost ÷ Estimated direct labor hours for the year

= $1,074,600 ÷ 29,850

= $36

c. The journal entry is shown below:-

1. Work in process Dr, $126,150 (4,350 × $29)

To Factory overhead $126,150

(To record the factory overhead)

2. Work in process Dr, $97,200 (2700 × $36)

To Factory overhead $97,200

(To record the factory overhead)

d. The balance of the factory overhead amounts for each factory as follows:

For Factory 1

= $124,880 - $126,150

= $1,270 Credit Overapplied

For Factory 2

= $98,910 - $97,200

= $1,710 Debit Underapplied

7 0

3 years ago

Monopoly producers are faced with A. only a few competitors producing the same product. B. no competitive producers of the same

VashaNatasha [74]

Answer:

B) no competitive producer of the same product

Explanation:

Monopoly refers to a single seller selling a unique product to a large number of buyers. A monopoly dominate the industry has total control of the market.

Characteristics of a Monopoly

1) High barrier to entry: This implies that competitors are restricted. New sellers are not allowed entry.

2) Single seller and large buyers: There is a single seller selling to a large number of consumers in the market.

3) Unique product: The product sold in a monopoly are unique have little or no close substitute.

4) Price Maker: A monopoly decides on the price he wants to sell his product. He can increase the price at will.

5) Economies of scale: A monopoly enjoys economies of scale because he can buy raw materials in large quantity at a reduced price, thereby reducing the cost of production and increasing Profits.

6) No competitor: Since the market is characterised by a single seller, high barrier to entry, then, competitor does not exist in a monopoly market.

3 0

4 years ago

Read 2 more answers

Alexa has a commercial laundry service that has been growing rapidly. She wants to continue to grow the business, but she needs

Contact [7]

Answer:

Incorporating

Explanation:

4 0

4 years ago

You have just purchased a car and, to fund the purchase, you borrowed $25,000. If your monthly payments are $402.18 for the next

Naya [18.7K]

Answer:

E) 4.96%

Explanation:

The computation of the APR could be determined by applying the RATE formula i.e. shown below:

Given that

PMT = $402.18

Present value = $25,000

NPER = 6 × 12 = 72

FUture value = $0

The formula is shown below:

=RATE(NPER;PMT;-PV;FV;TYPE)

After applying the above formula, the annual percentage rate of the loan is

= 0.4135% × 12

= 4.96%

hence, the correct option is E.

4 0

3 years ago