Answer:
Direct material used= $13,200
Explanation:
Giving the following information:
Womble, Inc., has beginning inventory of $200 and an ending inventory of $400 for a given period in which it purchased $13,400 worth of materials.
<u>To calculate the direct material used, we need to use the following formula:</u>
Direct material used= beginning inventory + purchases - ending inventory
Direct material used= 200 + 13,400 - 400
Direct material used= $13,200
Answer:
The exchange rate should be approximately <u>0.340364</u> dollars per peso.
Explanation:
Spot rate = 1 Argentina Peso = $0.3600
Inflation in Argentina = 10 %
U.S. inflation = 4 %
Hence Expected rate =
1Peso (1.10) = $0.3600(1.04)
Hence
1 Peso = $0.3600(1.04) / 1.10
1 Peso = 0.340364
Answer: Option (B)
Explanation:
The period of growth exhibited by Argentina is referred to as the classic example of their growth under <em>Extractive institutions</em>. Extractive institutions referred to as the means under which a small organization or group of individuals tend do exploit the population of a nation. Under this case the small group of elites that were ruling Argentina and thus further investing in export of agricultural products,thus effecting Argentina and its population.
Introducing a new product into the market is called commercialization. The procedure for introducing a new product to the market for initial sale.
<h3>What is commercialization?</h3>
The process of bringing new products or services to market is known as commercialization. The commercialization process encompasses all aspects of a new product or service's development, distribution, marketing, sales, customer service, and other vital services.
Thus, commercialization is the introducing new product.
For more details about commercialization, click here
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