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3 years ago

25

Business

2 answers:

Anna35 [415]3 years ago

5 0

Answer:

Foreign trade

Explanation:

Often times a major determiner of the value of countries currency is the amount of their exports.

Thomas therefore as a financial advisor should advise the government to build more on production of locally available materials that are highly demanded internationally for exports, by so doing he could improve the country's currency.

Andrews [41]3 years ago

3 0

Answer: The trade element that Thomas should suggest as a focus is Foreign trade.

Explanation: Foreign trade or international trade is the exchange of capital, goods, and services among countries or territories. In most cases, foreign trade represents a significant portion of a country's gross domestic product (GDP).

There are two types of foreign trade:

1. Bilateral trade: trade agreement between two countries.

2. Multilateral trade: this is when a country trades with two or more countries.

The reason why foreign trade should be focused on is that it can be an indicator of a country's currency value, the more the country is involved in foreign trade, the more their currency will be strengthened.

Also, by producing locally made products which are in high demand in other countries, a country can increase its bargaining power and therefore strengthen its weak currency.

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3 years ago

Read 2 more answers

Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi p

alexgriva [62]

Answer:

Kokomochi

The incremental earnings associated with the advertising campaign in its first year is:

= $0.3 million.

Explanation:

a) Data and Calculations:

Advertising campaign cost = $5.5 million

Mini Mochi Other Products Total

Much

Incremental sales revenue $8.2 million 1.8 million $10 million

Incremental cost of goods sold 5.2 million 1.4 million 6.6 million

Incremental gross profit $3.0 million 0.4 million 3.4 million

Advertising cost 3.1 million

Incremental earnings associated with the advertising campaign = $0.3 million

Advertising cost apportioned to:

This year = $8.2/$14.4 * $5.5 million = $3.1 million

Next year = $6.2/$14.4 * $5.5 million = $2.4 million

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3 years ago

Suppose Ms. Smith sells her 2018 Honda Fit next year. The original cost of the

Greeley [361]

Answer:

Explanation:

Cost=10000

Accumulated depreciation=3000

Sales price=9000

Net value=10000-3000=7000

Gain=9000-7000=2000

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3 years ago

Parker Corporation has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply ma

AnnyKZ [126]

Answer:

Unitary cost= $62.5

Explanation:

Giving the following information:

Predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours.

Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour.

First, we need to determine the allocated MOH:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 50000/20000= $2.5 per direct labor hour

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 2.5* (1500/5)= $750

Total cost= 4000 + 1500 + 750= $6,250

Unitary cost= 6250/100= $62.5

3 0

3 years ago

Zanda Corp. and Jones Corp. are identical in every way (products produced, costs, demand, etc.) except for one. Zanda uses a lev

Natali [406]

Answer: (C) Zanda will have higher inventory carrying costs.

Explanation:

The inventory carrying cost is one of the type of overall holding inventory cost that helps in identifying the various types of business expenses and also storing the various types of unsold goods and the services in the market.

The inventory carrying cost is also known as the holding cost and it is basically responsible for handling the cost system by using the estimated formula.

According to the given question, Zanda corporation is basically using the level production plan for the purpose identifying their business factors such as costs, demand and the products.

So, based on the given information is Zanda will have the high inventory carrying cost statement is true. Therefore, Option (C) is correct answer.

3 0

3 years ago