A pegged exchange rate means the value of the currency is fixed relative to a reference currency

The records at smith and jones, inc. show that job 110 is charged with $12,000 of direct materials and $11,000 of direct labo

WARRIOR [948]

To solve:

Direct marterial cost = $12,000

Direct labor cost = $11,000

Manufacturing overhead = 85% of direct labor cost = $9,350

Add up all of the costs for the total cost of Job No. 110.

$12,000 + $11,000 + $9,350 = $32,350.

3 0

3 years ago

Personal selling requires the __________ flow of communication between a buyer and a seller, often in a face-to-face encounter,

emmainna [20.7K]

<span>Personal selling requires the two-way flow of communication between a buyer and a seller, often in a face-to-face encounter, designed to influence a person's or a group's purchase decision. When meeting with people in person, it allows for conversation to flow back and forth smoothy and communication is much better. Having face-to-face meetings allows the buyer and seller to connect on a different level then if it were email, phone or another type of communication.</span>

5 0

3 years ago

X Company must purchase a new delivery truck and is using the payback method to evaluate two possible trucks. Truck 1 costs $31,

Lady_Fox [76]

Answer:

C: 4

Explanation:

The computation of the payback period is shown below:

Incremental investment in truck 2 is

= $44,000 - $31,000

= $13,000

Now

Year Cash saving in cost Cumulative

1 -$1,000 -$1,000

2 $4,000 $3,000

3 $5,000 $8,000

4 $5,000 $13,000

5 $3,000 $16,000

6 $3,000 $19,000

7 $2,000 $21,000

7 0

3 years ago

mark and kate are establsihing a fund for their son's college education. what lump sum must they deposit in an account that give

Elan Coil [88]

Answer:

$51,608.69

Explanation:

Given that

Interest rate = 5%

Future value = $85,000

Time period = 10 years

So by considering the above information, the Present value is

= Future value ÷ (1 + interest rate)^time period

where,

Future value = $85,000

Interest rate = 5% ÷ 12 months = 0.4166%

Time period = 10 years × 12 months = 120 months

Now the present value is

= $85,000 ÷ (1 + 0.4166%)^120

= $51,608.69

8 0

3 years ago

Kevin and Maria Rossi live in Swarthmore, PA. Maria's father, Rajiv, lives in Sweden.For each of the following transactions, ide

JulsSmile [24]

The component of the GDP includes consumption, investment, government purchases, exports, imports.

<h3>The drop-down for the given list includes:</h3>

The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. - Government Purchase.

Kevin's employer upgrades all of its computer systems using U.S.-made parts. - Investment.

Maria gets a new video camera made in the United States. - Consumption.

Rajiv in Sweden orders a bottle of Vermont maple syrup from the producer's website. - Exports.

Kevin buys a sweater made in Guatemala. - Consumption & Imports.