Answer:
According to globalization opponents, what is a disadvantage of globalization? Globalization results in companies "exporting jobs" to low-wage nations.
Answer:
B $1,625
Explanation:
The computation of the ending inventory based on the lower-of-cost-or-market value is shown below:
The ending inventory units = Beginning inventory + purchase of inventory - selling units
= 15 units + 35 units - 25 units
= 25 units
So, the cost of ending inventory = ending inventory units × purchase price
= 25 units × $84
= $2,100
And, the market value equal to
= ending inventory units × replacement cost
= 25 units × $65
= $1,625
Based on the lower-of-cost-or-market value, the ending inventory would be $1,625
Answer:
The correct answer is: television.
Explanation:
The "Cola Wars" refers to the increasing competition between worldwide known soft drinks Coca-Cola and PepsiCo during the 50s and 60s. Those decades were characterized by rapid changes in the world and the soda business was not left behind. In those years, a powerful source for marketing was introduced: the television. This boosted propaganda for the drinks of the two companies.
Answer: $317,400
Explanation: The first step is to calculate the sales value
Sales = Unit sold × Price per unit
11500 × $77.00 = $885,500
calculation Total variable cost
i. Variable production cost = Units × variable production cost per unit
11500 × $39.70 = $456,550
ii. Variable selling and administrative cost = unit × variable selling and administrative cost per unit
11500 × $9.70 = $111,550
Total variable cost = Variable production cost + variable selling and administrative cost
Total variable cost = $456,550 + $111,550
= $568,100
Calculation of contribution margin
Contribution margin = Sales - total variable cost
= $885,500- $568,100
= $317,400
