Answer:
(a) -$326400
(b) -$56000
Explanation:
We have given actual variable cost of goods sold for a product = $140 per unit
Planned variable cost of goods sold = $136 per unit
Volume is increased by 2400 units to 14000 units
So planned units of sales = 14000 - 2400 = 11600
(a) Variable cost quantity factor is given by
Variable cost quantity factor = ( Planned units of sales - actual units of sales )×planned units of cost
= ( 11600 - 14000 ) ×136 = -$326400
(B) Unit cost factor = ( Planned cost per unit - actual cost per unit )×actual units sold
= ( 136 - 140 ) ×14000 = -$56000
Answer:
A prediction as to the volume of sales that a business excepts to make in the upcoming future.
Explanation:
<span>The U.S. has an absolute advantage in producing toys, whereas China has a comparative advantage in producing toys. China does not need Adam Smith's absolute advantage of greater productive efficiency in toys, rather it needs David Ricardo's comparative advantage.</span>
Answer: arbitrage
Explanation:
Based on the information given in the question, we can infer that Rinaldo is engaging in arbitrage.
This is an example of currency arbitrage as it involves Rinaldo buying and selling the currency pairs that's gotten from different brokers in order to be able to take advantage of mispriced rates.