Answer:
a.
The yen is expected to get stronger in three-month time.
It is because it is taking up to ¥102.21 to exchange for $1 at spot, while in three-month time, it is expected that it will only take ¥101.18 to exchange for $1.
b.
Applying relative purchasing power parity, we have:
USD is expected to depreciate 3% against Japan Yen, calculated as: 102.21 / 101.18 - 1 = 3%.
Thus, inflation rates of the United States is estimated to be 3% higher than inflation rates of the Japan.
Explanation:
Gross profit is net sales minus the cost of goods sold. It reveals the amount that a business earns from the sale of its goods and services before the application of additional selling and administrative expenses.
Answer:
equity
Explanation:
From the question we are informed about, Marcus who is a manager and very conscious of how his subordinates feel about whether their work outcomes are as expected relative to the effort and contributions they put in. This case is an example of the equity theory. Equity theory can be regarded as theory that base give explanation or allows to know if the distribution of particular resources is been fair to both involved relational partners.
To measure, Equity the ratio of contributions/cost is been compared with benefits/rewards outing
each person in consideration.
ratio of inputs to that of outcomes gives the structure of equity in a company.
Answer and Explanation:
The computation is shown below:
a. The predetermined overhead rate is
= $660,000 ÷ 100,000
= $6.60
(b) The amount is
For Job 345, it is
= 560 hours × $6.60
= $3,696
And,
For Job 777, it is
= 800 hours × $6.60
= $5,280
(c) The journal entry is
Work in Process $8,976
To Factory Overhead $8,976
(Being the factory overhead applied is shown below:
= $3,696 + $5,280
= $8,976
