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AnnZ [28]
3 years ago
5

Horace is seeking to exchange money in preparation for his trip to Uruguay. He will need 5,000 Uruguayan pesos, and the exchange

rate between the US dollar and the Uruguayan peso is 1:19.924. The currency exchange agent Horace is using requires that a 5% surcharge be paid when converting currency. Taking the surcharge into account, how many US dollars will it take Horace to get 5,000 pesos? Round to the nearest cent.
a. $237.45
b. $249.05
c. $250.95
d. $263.50
Please select the best answer from the choices provided A B C D
Business
1 answer:
STatiana [176]3 years ago
7 0

Answer:

d. $ 263.50

Explanation:

The Exchange  rate is 1 dollar = 19.924 Uruguayan Peso.

We need to buy 5000 Uruguayan pesos but the agent requires a comision of  a 5%  when converting currency, so really we will need to buy:

5,000 Uruguayan pesos + 5,000 Uruguayan pesos* 0.05 = 5,250 Uruguayan pesos.

Now if we apply the given exchange rate we will obtain the amount of US Dollars we need:

x U$S = (5,250 Ur.$)/(19,924 Ur.$/U$S)= 263,50 U$S needed

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Marina86 [1]
Predetermined rate=oH÷machine h
P=200,000÷4,000=50

Manufacturing oH allocated
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If you have any questions feel free to pm me
Hope it helps
7 0
3 years ago
The members of a wedding party have approached Imperial Jewelers about buying 14 of these gold bracelets for the discounted pric
pogonyaev

answers:

the financial advantage = 4,341 dollars

given that  there is an advantage, then the project has to be accepted.

Explanation:

total incremental revenue from the 14 bracelets = 14 x 363 = $5082

direct material = 8 x 14 = 112

overhead = 12 x 14 = 168

we have the additional expense for this tool to be 461 dollars

for the special filigree that is to be attached to this bracelet e have

112 + 168 + 461 = $741

a. the financial advantage of accepting this = 5082 - 741 = 4341 dollars

b. given that there is a financial advantage then it is better that this order is accepted.

4 0
3 years ago
in most large cities there are a large number of bakeries. these bakeries produce similar, but not identical, products. some bak
lana [24]

The bakery market in a large city is an example of Monopolistic competition.

Monopolistic competition exists when many companies offer competing products or services that are similar, but not perfect, substitutes. In this case, the bakeries in large cities that produce similar, but not identical products. The market structure is a form of imperfect competition.

Some of the characteristic of a monopolistic competition structure are;

The presence of many companies.

Each company produces similar but differentiated products.

Companies are not price takers.

Free entry and exit in the industry.

Companies compete based on product quality, price, and how the product is marketed.

For further clarification refer here;

brainly.com/question/13311608

#SPJ4

8 0
2 years ago
SOMEONE PLEASE HELP!
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Answer:Wouldn't this count as cheating If someone found out?????

7 0
3 years ago
Every year millions of crops are lost due to pests. In recent times, however, scientists have learned that they can insert a gen
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The best and most correct answer among the choices provided by the question is the first choice "gene splicing"


Gene splicing<span> is a post-transcriptional modification in which a single </span>gene<span> can code for multiple proteins. </span>Gene Splicing is done in eukaryotes, prior to mRNA translation, by the differential inclusion or exclusion of regions of pre-mRNA.Gene splicing<span> is an important source of protein diversity.</span>

I hope my answer has come to your help. God bless and have a nice day ahead!
4 0
4 years ago
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