Answer:
It can be best defined as an agreement between groups of countries in a geographical region, to reduce and ultimately remove tariff and non-tariff barriers to free the flow of goods, services and factors of production between each other.
Answer:
Instructions are below.
Explanation:
Giving the following information:
5,200 units remained in the finished goods inventory.
direct materials $35
direct labor $16.80
fixed company overhead $5.60
variable factory overhead $4.90
<u>The difference between the variable costing method and the absorption costing is that the last one includes the fixed overhead as a product cost.</u>
A) Absorption costing:
Unit product cost= 35 + 16.8 + 5.6 + 4.9= $62.3
Ending inventory= 62.3*5,200= $323,960
B) Variable costing:
Unit product cost= 35 + 16.8 + 4.9= $56.7
Ending inventory= 56.7*5,200= $294,840
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
(A) 9.6%
(B) 37,296,880
Explanation:
Current earnings for Bennington Enterprise is $34.03 million
The ROE is 12 percent
= 12/100
= 0.12
Retention ratio is 80 percent
= 80/100
= 0.8
(A) The firms earning growth rate can be calculated as follows
= 0.8× 0.12
= 0.096×100
= 9.6%
(B) Next year earnings can be calculated as follows
= 34,030,000 × (1+0.096)
= 34,030,000× 1.096
= 37,296,880
Answer:c.Human resource planning
Explanation:
What Is Human Resource Planning (HRP)?
Human resource planning is a function of the HR in which the HR personnel ensures that there is a continuous process through advance planning for the company to reach a maximum standard by hiring quality employees. It ensures that there are no shortages or extras.
It has four steps that are followed which are supplying labor,balancing projected labor demand and supply,forecasting labor demand and supporting business goals.
The companies are able to establish what they require and make means to ensure they have highly skilled employees who can meet those needs through using human resource planning.