Answer:
$750
Explanation:
The formula for determination of beginning inventory is given below:
Cost of goods sold=opening inventory+purchases-closing inventory
Cost of goods sold=$2,000
Purchases=$2,250
closing inventory=$1,000
Opening inventory=Cost of goods sold+closing inventory-purchases
=2,000+1,000-2,250
=$750
Answer:
exports are $15 billion, and imports are $10.5 billion
Explanation:
GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP = Consumption + Investment spending + Government Spending + Net Export
14 billion = 4.5 billion + $3 billion + $2 billion + Net Export
Net Export = $4.5 billion
Net Export = export - import
Net Export is positive so it indicates that exports is greater than imports.
Going through the options, it is only option d that is equal to 4.5 and the export is greater than the import.
I hope my answer helps you
Answer:
$91 favorable
Explanation:
Variable overhead rate variance = (Standard variable overhead rate - Actual variable overhead rate) * Actual hour worked
Therefore, we have:
Variable overhead rate variance = ($8.00 - $7.90) * 910 = $91 favorable
Note: the variable overhead rate variance is said to be favorable becasue standard variable overhead rate is geater than the actual variable overhead rate.
In this case, you would want to avoid a win-lose situation.
1. You would want a win-win (where both parties feel as though they are gaining something from the transaction).
2. You can never go into an international negotiation with the same mentality as you would for in the US. Every culture is different and you should be aware of those differences.
3. You should not move too quickly between subjects. You should always ensure all parties understand and agree, which may take time.
