Answer:
$53,019
Explanation:
Step 1 : Determine the unit product cost
Unit product cost under variable costing consist of only variable manufacturing costs.
Unit product cost = $30 + $26 + ($300,000 ÷ 29,200)
= $66.27
Step 2 : Calculate value of the inventory
Value of the inventory = Unit product cost x units in inventory
= $66.27 x 800
= $53,019
Under variable costing, the value of the inventory is $53,019.
The international Fisher effect is the difference in nominal interest rates across countries reflecting the difference in expected rates of inflation in those countries.
<h3>What does the Fisher effect show?</h3>
It shows that the nominal rate of interest in a nation usually follows the inflation rate because an inflation-adjusted rate needs to be formed.
This then leads to a change in exchange rates between countries because the difference in nominal rates shows the difference in inflation which is what devalues or appreciates a currency.
Find out more on the fisher effect at brainly.com/question/16036767.
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Answer:
d. Long-term revenue-producing assets.
Explanation:
Long term assets are assets that aren't expected to be changed into cash or used up in production activities during the operating cycle of a firm. They include : Property, plant, and equipment and intangible assets.
Current asset are assets that are expected to be changed into cash or used up in production activities during the operating cycle of a firm. They include cash , inventory and account receivable.
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Answer:
C) Increase, quantity demanded will decrease and quantity supplied will increase.
Explanation:
When supply and demand curves intersect, we say the market is in equilibrium. That is, quantity demanded and quantity supplied are equal. Price relating to this, is referred to as equilibrium price and its quantity; equilibrium quantity.
If market price is above equilibrium price, quantity supplied will definitely be bigger than quantity demanded, causing a surplus. Also called excess supply. Ultimately, market price will decrease. But if market price is below equilibrium price, quantity supplied will appear to be less than quantity demanded, causing a shortage which can also mean excess demand. Market price at this point, will rise to contain the shortage.
When the price of a product is raised, the quantity demanded for that product will decrease until it reaches equilibrium level. Shortages increase the quantity demanded. If there is a surplus, price must reduce to attract quantity demanded and reduce quantity supplied until the surplus is removed. When there is a shortage, price must increase in order to attract supply and reduce the quantity demanded until there isn't any shortages