Answer and Explanation:
The computation of the increase or decrease in the net income when Alternative B should be selected rather Alternative A is given below:
<u>Particulars Alternative A Alternative B</u>
Revenue $160,000 $180,000
Less cost -$100,000 $125,000
Net income $60,000 $55,000
If we choose alternative B so there would be decrease in the net income by $5,000
Answer:
true
Explanation:
The exchange rate is the rate at which one currency is exchanged for another currency
If interest rate is higher in a country compared to other countries, investors would be interested in investing in that country because they would earn a higher return for their investment.
As a result of the higher flow of funds into the economy with the higher interest rate, the demand for the country's currency increases. If the demand increases relative to supply, the value of that currency relative to other currencies increases and its exchange rate increases. this is what is referred to as currency appreciation
Answer:
80,000
Explanation:
Cost data of the month of May was taken from Terrence manufacturing company
The manufacturing cost incurred during the month can be calculated as follows
= wages of production workers + raw materials + materials handling + factory rent + factory insurance + depreciation of factory equipment
= 28,000 + 47,000 + 1,500 + 2,000 + 500 + 1,000
= 80,000
Hence the manufacturing cost incurred during the month is 80,000
