Answer:
B. NAFTA
Explanation:
North American Free Trade Agreement (NAFTA) is a regional agreement between the Government of Canada, the Government of the United Mexican States, and the Government of the United States of America that created a free trade zone.
NAFTA administers the mechanisms stipulated in the Treaty to resolve commercial disputes between national industries or the governments of the party countries in a timely and impartial manner.
Answer:
Part a. Compute the unit product cost under absorption costing.
Variable costs per unit:
Direct materials $ 165
Direct labor $ 72
Variable manufacturing overhead $ 8
Fixed Overheads per unit:
Fixed manufacturing overhead ($535,500/10,500) $ 51
Unit product cost $296
Part b. Compute the unit product cost under variable costing.
Variable costs per unit:
Direct materials $ 165
Direct labor $ 72
Variable manufacturing overhead $ 8
Unit product cost $245
Explanation:
Part a. Compute the unit product cost under absorption costing.
Absorption costing treats fixed overheads as part of product cost and hence fixed manufacturing overheads are included in unit product cost at their absorption rate
Part b. Compute the unit product cost under variable costing.
Variable Costing System treats fixed overheads as a Period Cost and not part of product cost hence fixed manufacturing overheads are excluded in unit product cost
Answer:
Calculations below
Explanation:
beginning cash balance $ 26,000
Add; Cash receipts $ 105,000
Total cash available $ 131,000
Less: Cash disbursments $ (94,000)
Excess (Deficieny) of cash available over disbursments $ 37,000
Borrowings ($70,000-$37,000) $ 33,000
Ending cash balance $ 70,000
Answer:
See explanation below.
Explanation:
Physical fitness can be used to describe a state of health and of well-being. It can be defined as the ability of the body to function efficiently and effectively during work and leisure activities, it means to be healthy, to resist disease, and to be able to quickly react to emergency situations.
The benefits of being physically fit include:
- Easy burning of calories: by adopting a physically fit lifestyle, you will find it easier to burn calories, and by so doing, your body weight and body fat will be easily controlled and checked.
- The physically fit lifestyle will also help to boost muscle mass, thereby making it easier to tackle demanding tasks easily and more efficiently.
The risks of being physically inactive are as follows:
- Physically active people are less likely to develop coronary heart disease than people who are inactive.
- People who are physically inactive will increase their chances of developing high blood pressure than people who are physically fit.
