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3 years ago

_____ describes the practice of products and services traded among countries around the world.

1 answer:

7 0

Global trade, it means the trade-business of goods and services across the world. which help countries to find products of best quality as well as price. For instance, mostly countries get products from china because they have good manpower and there prices are reasonable. it also known as import and export businesses.

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Raw materials inventory, beginning$1,200 Raw materials inventory, ending1,400 Work in process inventory, beginning7,100 Work in

Tanzania [10]

Answer:

76,800

Explanation:

Given that,

Raw materials inventory, beginning = $1,200

Raw materials inventory, ending = 1,400

Work in process inventory, beginning = 7,100

Work in process inventory, ending = 6,800

Raw materials acquired = 27,800

Cost of direct materials used in production = 27,600

Sales commissions to sell clackers = 2,100

Direct labor cost = 20,000

Total manufacturing overhead = 28,900

Cost of goods manufactured is determined the overall value of goods produced during a particular year and it is ready for sale. It includes all of the expenses that are incurred to convert the inventory in process into finished goods.

Cost of goods manufactured in June:

= Cost of direct material used in production + Direct Labor cost + Manufacturing Overhead + (Beginning work in process - Ending work in process Ending)

= 27,600 + 20,000 + 28,900 + (7,100 - 6,800)

= 76,800

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4 years ago

Sams Publishing recently reported $10,750 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciatio

Svetlanka [38]

Answer:

The free cash flow is $2,300

Explanation:

To compute the free cash flow, we have to apply the formula which is shown below:

= Earning before income and taxes × ( 1 - tax) + amortization & depreciation - capital expenditure - changes in working capital

where,

Earning before income and taxes = Sales - operating cost - depreciation

= $10,750 - $5,500 - $1,250

= $4,000

And other values remain same

Now put these values to the above formula

So, the answer would be equal to

= $4,000 × (1 - 40%) + $1,250 - $1,350

= $2,300

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3 years ago

What are the likely reason(s) that the market for electricity is not perfectly competitive? Please select all that apply.

Ulleksa [173]

Answer:

The correct answer is option C and D.

Explanation:

A perfectly competitive firm has a large number of buyers and sellers. These sellers produce homogenous products. There is no restriction on entry and exit in the market. The firms are price takers.

The market for electricity is not a competitive market because there are few sellers in the market and there is difficulty in entry and exit because of the high cost involved.

5 0

3 years ago

Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the

dexar [7]

Answer:

The contribution margin ratio for Coffee Klatch is 83%.

Explanation:

Given that Coffee Klatch is an espresso stand in a downtown office building, and the average selling price of a cup of coffee is $ 1.49 and the average variable expense per cup is $ 0.24, and the average fixed expense per month is $ 1,600, to determine what is the CM Ratio for Coffee Klatch if an average of 2,100 cups are sold each month, the following calculation must be performed:

Contribution margin ratio: (sales - variable costs) / sales

((2,100 x 1.49) - (2,100 x 0.24)) / (2,100 x 1.49) = X

(3.129 - 504) / 3.129 = X

2.625 / 3.129 = X

0.83 = X

Thus, the contribution margin ratio for Coffee Klatch is 83%.

7 0

3 years ago

Are there any welfare or subsidy payments that should be reviewed or added?

Sauron [17]

I think , the Government should add a free-education welfare to the people.

It's true that it's probably really expensive on the budget, but it will strengthen the overall skill of the people within the country. In the long run, it will bring a higher return for the Country

3 0

3 years ago