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-Dominant- [34]
3 years ago
14

The Fabricating Department started the current month with a beginning Work in Process inventory of $10,000. During the month, it

was assigned the following costs: direct materials, $76,000; direct labor, $24,000; and factory overhead, 50% of direct labor cost. Also, inventory with a cost of $109,000 was transferred out of the department to the next phase in the process.
The ending balance of the Work in Process Inventory account for the Fabricating Department is:

A. $13,000.B. $56,000.C. $59,000.D. $110,000.E. $165,000.
Business
1 answer:
san4es73 [151]3 years ago
5 0

Answer:

A.$13,000

Explanation:

The computation of ending balance is shown below:-

Factory overhead = $24,000 × 50%

= $12,000

Total cost = Direct material + Direct labor + Factory overhead + Current period cost + Opening work in progress

= $76,000 + $24,000 + $12,000 + $10,000

= $122,000

Ending work in progress = Total cost - Cost of units transferred

= $122,000 - $109,000

= $13,000

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$4, is the optimal price to charge for a block of 4 units.

Market power is the ability of a firm to influence supply, demand, or both in order to change the price of a product in the marketplace.

A corporation with significant market power has the power to control its profit margin by manipulating the market price. It may also be able to raise barriers for potential new entries into the market.

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1 year ago
Your company wants to take advantage of the growing Asian market and plans to build a manufacturing facility in the southeast re
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Answer: c) 71 and 63

Explanation:

Country ratings based on weight and ratings scale;

Taiwan

= (0.15*85 + 0.15*85 + 0.2*70 + 0.1*85 + 0.4*30)

= (12.75 + 12.75 + 14 + 8.5 + 12)

= 60

Thailand

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= (14.25 + 3 + 13 + 5 + 28)

= 63.25

Singapore

= (0.15*40 + 0.15*95 + 0.2*75 + 0.1*85 + 0.4*70)

= (6 + 14.25 + 15 + 8.5 + 28)

= 71.75

Vietnam

= (0.15*30 + 0.15*20 + 0.2*55 + 0.1*50 + 0.4*60)

= 4.5 + 3 + 11 + 5 + 24

= 47.5

Best options would be Singapore followed by Thailand

8 0
4 years ago
In determining why a firm becomes multinational there are many reasons. One reason is that the firm is a market seeker. Why of t
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Answer:

C) political safety and small likelihood of government expropriation of assets

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Multinational corporations are corporations that operate in more than one country, usually its home country here the headquarters are located, and other foreign markets. that means that the multinational will have to serve at least two markets, the domestic market and the foreign country's market.

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4 years ago
An economist discussing trade policy in the New Republic wrote: "One of the benefits of the United States removing its trade res
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Answer: The correct answers are "A. Exports will increase." , "C. Imports will increase.", "E. The demand curve for dollars will shift to the left." and "F. The equilibrium level of net exports will remain unchanged".

Explanation:

"A. Exports will increase." , "C. Imports will increase.", "E. The demand curve for dollars will shift to the left." and "F. The equilibrium level of net exports will remain unchanged". are TRUE.

B. The real exchange rate will remain unchanged. Is FALSE because the change in the demand curve for dollars leads to a decrease in the real exchange rate.

D. Net exports at any given real exchange rate will increase. is FALSE because net exports at any given real exchange rate will decrease.

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When state authority and federal authority collide on which side should our policy makers err in education or any other issue th
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