Answer:
Offshoring
Explanation:
offshoring is the process of moving an aspect of a business process overseas with the intention of reducing cost.
A firm can move its manufacturing process from its own parent country to another country (usually where the labour rate and cost of raw materials is cheap compared to what it obtainable in its home country) in other to reduce its cost of production thereby increasing its added value.
From the above explanation, we can conclude that Prextos is planning to employ Offshoring to cut down losses.
Answer:
$4,213
Explanation:
Product Group Units Cost/Unit Market/Unit Total Value
A 1 600 $1.00 $0.80 $480
B 1 250 $1.50 $1.55 $375
C 2 150 $5.00 $5.25 $750
D 2 100 $6.50 $6.40 $640
E 3 80 $25.00 $24.60 $1,968
total $4,213
when you are using the lower of cost or net realizable value to determine the value of your inventory, you should calculate the inventory's value using the lowest cost between purchase cost and market value.
Answer:
The correct answer is 999%
Explanation:
We will use the Quantity Theory of Money to solve this simple question.
The Quantity Theory of Money equation is equal to:
ΔM X V = ΔP X ΔY
Where:
- ΔM = Change in Money supply
- V = Velocity, which does not change, because it is assumed to be constant
- ΔP = Change in prices, or inflation
- ΔY = Change in output or GDP
According to this theory, inflation is equal to:
ΔP = ΔM + V - ΔY
Replacing...
ΔP = 1010% + 0 - 11%
ΔP = 999%
So the price change, or inflation rate is 999%.
Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead was underapplied during the period.
<h3>What does an unfavorable overhead volume variance mean?</h3>
An unfavorable volume variance indicates that the amount of fixed manufacturing overhead costs applied (or assigned) to the manufacturer's output was less than the budgeted or planned amount of fixed manufacturing overhead costs for the same time period.
Unfavorable variance is an accounting term that describes instances where actual costs are greater than the standard or projected costs. An unfavorable variance can alert management that the company's profit will be less than expected.
To learn more about Unfavorable variance visit the link
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