I think that Spelling Corporation uses JUST-IN-TIME inventory method.
Just-in-time inventory method requires producers to forecast demand as accurately as possible to ensure that the supply is sufficient to cover demand without excesses that may result to wastage and losses. Just-in-time inventory method promotes increase in efficiency in producing products.
Other inventory methods are manual counts, perpetual inventory, first-in first-out (FIFO), and last-in first-out (LIFO).
Answer:
Predicted exchange rate = Country price of Big Mac/ US price of Big Mac
Predicted exchange rate:
Chile = 2,050 / 4.37
= 469.11 Pesos / US dollar
Hungary = 830 / 4.37
= 189.93 Forints / USD
Czech Republic = 70 / 4.37
= 16.01 Korunas / USD
Brazil = 11.25 / 4.37
= 2.57 Real/ USD
Canada = 5.41 / 4.37
= 1.24C$/ US$
<em>According to purchasing power parity, the predicted exchange rate between the Hungarian forint and the Canadian dollar is </em><em><u>153.42 Forint per C$</u></em><em>. However, the actual exchange rate is </em><em><u>217 Forint per Canadian Dollar</u></em><em>.
</em>
Predicted exchange rate = 830 / 5.41 = 153.42 Forint per C$
Actual Exchange rate = 217/1 = 217 Forint per C$
Answer:
Closing value of inventory = $357 for 21 units
Explanation:
As for the provided information we have,
Under FIFO method we know,
FIFO means First In First Out, under this the goods bought at earliest are sold earliest.
That means first opening inventory is sold, then the inventory purchased at the earliest.
Now we have,
Opening Inventory = 27 units @ $17 = $459
Purchases:
Aug 5 22 units @ $16 = $352
Aug 12 26 units @ $17 = $442
Provided 54 units are sold on Aug 15, that means, opening inventory of 27 units, 22 units bought on Aug 5, and 54 - 27 - 22 = 5 units from purchases on Aug 12.
Therefore, after sale units left = 26 - 5 = 21 units
Thus, closing value of inventory = $357 for 21 units
The equal opportunity Act of 1972 strengthened the Equal Employment Opportunity Commission by
- issuing guidelines for employer conduct.
- mandating specific record keeping procedures.
<h3>What is the Equal Employment Opportunity Act?</h3>
This is the act of the government that helps to ensure that all employers treat people of the US in all befitting ways regardless of their genders, race and skin.
The act talked against discrimination, it upheld compensation and the work condition of employees.
Read more on Equal Employment Opportunity Act brainly.com/question/14774625
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Answer: A: the time required for monetary policies to take effect
Explanation:
The impact lag also known as the response lag is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.
For instance, during the last recession, several policies were introduced by the government to manage the situation . The time it takes for the citizens to feel the impact of these policies is known as the impact lag phase.
