Answer:
For USA
Opportunity cost of 1 ton of steel = 250 / 25 = 10 automobiles
opportunity cost of 1 auto mobile = 25 / 250 = 0.1 ton of steel
For Japan
Opportunity cost of 1 ton of steel = 275 / 30 = 9.17 automobiles
opportunity cost of 1 auto mobile = 30 / 275 = 0.109 ton of steel
Japan will produce steel and US will produce automobile
option D is correct answer
Explanation:
Answer:
c. Its book value at the end of the year is $1 million greater than that of one year before.
Explanation:
When the entire retained earnings of $1 million are spent on buying the equipment, then company's assets will rise by $1 million and similarly, its equity will also rise by $1 million. So, Company' s book value at the end of the year will be $1 million greater than that of one year before.
Answer:
Results are below.
Explanation:
<u>To calculate the direct material price and quantity variance, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (9 - 8.64)*39,600
Direct material price variance= $14,256 favorable
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (2,400*16 - 39,600)*9
Direct material quantity variance= -$10,800 unfavorable
Total variance= 14,256 - 10,800
Total variance= $3,456 favorable
Answer:
A) accessory equipment.
Explanation:
Accessory equipment is equipment that is fixed on a place or fixed to other equipment. If the accessory equipment is removed, the original equipment will continue to function as it did before.They must be depreciated since they cannot be expensed.
In this case, the fax machines work along side the telephones of Sumitomo bank and if removed, the telephones would still work. The IRS classifies fax machines as part of office furniture, fixture and equipment, and establishes a 7 year depreciation period.
Answer:
-$4,000 unfavourable
Explanation:
The sales volume variance is calculated as ;
= (Actual sales units - Estimated sales units) × Estimated selling price.
Given that;
Actual sales units = 8,000
Estimated sales units = 10,000 units
Estimates selling price = $2 per unit
Therefore,
Sales volume variance = (8,000 - 10,000) × $2
Sales volume variance = -$4,000 unfavourable
