<u>Answer:</u>
<em>Both the importing and the exporting nations
</em>
<em></em>
<u>Explanation:</u>
Imports permit more diversity assorted variety in the market for customers and occupants of specific countries, as they can acquire outside items without voyaging or paying extra charges. Import advantages stretch out past people to organizations.
Global exchange impacts the quality of nearby economies, the joblessness rate, and openings in business. While the solidness of the nearby economy is necessary, one of the ways that it keeps up its equalization is through global exchange. Creating economies depend on universal fares to remain above water.
Answer:
Average annual rate of return should Louis expect to earn over the next four years is 10.7%
Explanation:
The formula we are going o use is:
Where:
R is the number of years over which Louis expect to earn.
N is the number of years of average arithmetic return.
i_{g} is the average geometric return=10.50%=0.105.
i_{a} is the average arithmetic return =11%=0.11.
Solution:
Average annual rate of return should Louis expect to earn over the next four years is 10.7%
Answer:
Selling price= $10,632
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (307,200/48,000) + 2.8
Predetermined manufacturing overhead rate= $9.2 per direct labor hour
Job X941:
Total direct labor-hours 300
Direct materials $ 600
Direct labor cost $ 5,500
<u>Now, we can determine the total cost of Job X941:</u>
Total cost= 600 + 5,500 + 300*9.2
Total cost= $8,860
<u>Finally, the selling price:</u>
Selling price= 8,860*1.2
Selling price= $10,632
