Answer:
d) $2,000,000 $990,000
Explanation:
The computation is shown below:
Unit variable cost pool is
= Budgeted cost ÷ Budgeted machine hours
= $1,600,000 ÷ 360,000
=$ 4.444 per machine hour
And,
Batch-level cost pool = Budgeted cost ÷ Budgeted number of setups
= $900,000 ÷ 3000
= $ 300 per setup
Now
Unit variable cost pool is
= Actual machine hours × Activity rate
= 450000 × 4.44
= $2,000,000
And, Batch-level cost pool is
= Actual number of setups × Activity rate
= 3300 × 300
=$990,000
You will need $228,790 in 28 years to supplement your retirement funds. If you can earn 8% interest, you must save $2,400 each year. ✅
Free trade refers to a condition in which a country does not attempt to limit what its citizens can buy from or sell to another country.
<h3>Free trade</h3>
They can extend new markets, increase gross domestic product, and invite new acquisitions.Countries must negate the domestic advantages of free trade agreements with their results.
Under a free trade policy, goods and services can be purchased and sold across international borders with little or no government tariffs, quotas, grants, or prohibitions to inhibit their exchange. The idea of free trade is the opposite of economic isolationism.
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General technological advance is most likely to cause the production possibilities frontier to shift outward from a to b.
Technology has always been vital for organisations, but in recent years, that importance has increased significantly. By definition, technology is the practical application of scientific knowledge, and it is obvious that in order for businesses to remain competitive, they must adopt new technologies. The importance of new technology for organisations can be attributed to a number of factors. First, firms can improve their production and efficiency by utilising modern technologies. This is so that workers may concentrate on other duties because new technologies sometimes automate operations that were previously performed manually. Additionally, by lowering their dependency on costly manual labour, new technology can assist firms in saving money. Finally, firms can frequently access new markets and clients thanks to new technologies.
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