Answer:
$75000
Explanation: Raw mateirals can be defined as the basic material from which product is manufactured. These are the materials used in the primary stage of production process.
.
Raw material used is the amount of raw material consumed or used by the entity in the specific period, generally, one year.
.
raw material used = begining raw material + raw material purchased - ending raw material
therefore,
raw material used = $40,000 + $65,000 - $30,000
= $75,000
Answer:
c. 750 units
Explanation:
The computation of the inventory position is shown below:
Inventory position (IP) = Number on‐hand inventory + Number of scheduled receipts - number of backorders
= 700 units + 150 units - 100 units
= 750 units
We simply added on hand inventory units, scheduled receipts units and deducted the back orders units so those correct units could find out
Expansionary fiscal policy is defined as increase in the expenses of the government and decrease in taxes. A government assumes an expansionary fiscal position WHEN IT IS WEAK. An expansionary fiscal policy helps the government to come out of the recession phase. Keynes and his followers were big supporter of expansionary fiscal policy in helping rescuing during recession phase.
Answer:
- $88,000 gain in dollars
- €0 gain (loss) in Euros
Explanation:
Last year, the value of the inventory in dollars was;
= 440,000 * 1.12
= $492,800
This year with the new exchange rate this value has gone to;
= 440,000 * 1.32
= $580,800
The Gain (loss) in dollars is;
= Current value - Last year value
= 580,800 - 492,800
= $88,000
The value of the Euro both last year and this year is still €440,000 so the change is gain is €0.
Explanation:
People who start new businesses or bring new products to market are called an entrepreneur.