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3 years ago

The terms of trade reflect the:

Business

1 answer:

WITCHER [35]3 years ago

4 0

Answer:

The correct answer is option b.

Explanation:

The terms of trade is the ratio at which two countries exchange their goods. It is the ratio of exports and imports of a country. Terms of trade reflect the health of the economy.

It measures the number of goods a country can import in exchange for the goods it is exporting.

An increase in the price of exported goods will increase the terms of trade for a country. While an increase in the price of imported goods will cause it to decline.

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Answer:

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Explanation:

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3 years ago

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Zigmanuir [339]

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3 years ago

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3 years ago

Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials $ 25,100 $ 21,100

tamaranim1 [39]

Answer:

Bledsoe Corporation

Schedule of Cost of goods manufactured

Particulars Amount

Direct materials:

Beginning material inventory $25,100.00

Add: Purchases $72,100.00

Raw material available for use $97,200.00

Less: Ending material inventory $21,100.00

Raw material used in production $76,100.00

Less: Indirect material $4,010.00 $72,090.00

Direct labor $92,100.00

Manufacturing overhead applied $41,100.00

Total manufacturing costs $205,290.00

Add: Beginning WIP $17,100.00

Total cost of work in process $222,390.00

Less: Ending WIP $10,100.00

Cost of goods manufactured $212,290.00

Bledsoe Corporation

Schedule of COGS

Particulars Amount

Cost of goods sold:

Beginning finished goods inventory $48,100.00

Add: Cost of goods manufactured $212,290.00

Cost of goods available for sale $260,390.00

Less: Ending finished goods inventory $56,100.00

Unadjusted cost of goods sold $204,290.00

Add: Underapplied overhead $1,010.00 ($42,110 - $41,100)

Adjusted cost of goods sold $205,300.00

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2 years ago