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3 years ago

What is balance of trade and balance of payment?

Business

1 answer:

vodka [1.7K]3 years ago

4 0

Answer:

the difference in value between a country's imports and exports.

is an accounting of a country's international transactions for a particular time period.

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The June 1 work in process inventory consisted of 5,000 units with $16,000 in materials cost and $12,000 in conversion cost. The

sveticcg [70]

Answer:

Total cost added including beginning inventory

Raw material = $136,000

Overheads = $180,960

Total = $316,960

Explanation:

As provided the opening Work in process units = 5,000 units

Units started during the period = 37,500 questions

Closing work in process = 8,000 units

That means units produced = opening + additions - closing

= 5,000 + 37,500 - 8,000 = 34,500 units

Provided cost of beginning inventory = $16,000 for raw material and $12,000 for overheads

Also it is 100% complete for raw material and 50% complete for overheads

That means raw material per unit = $16,000/5,000 = $3.20

And the overheads 100% = $12,000 $\times$ 2 = $24,000

Overhead per unit = $24,000/5,000 = $4.80

Therefore, cost added during the period

Shall be

Raw material = 100% = 5,000 + 37,500 = 42,500 $\times$ $3.20 = $136,000

Overheads = for 34,500 units 100% and remaining 8,000 = 40%

= 34,500 $\times$ $4.80 + 8,000 $\times$ $4.80 $\times$ 40%

= $165,600 + $15,360

= $180,960

Total = $316,960

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3 years ago

Closing the sale( pick the correct one)

mojhsa [17]

The correct answer is B

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3 years ago

A candidate for political office announces the following policies which, he says, economics clearly demonstrates will lead to hi

Leto [7]

Answer:

1. False 2. True

Explanation:

1. The candidate for political office announcing that the policy to reduce immigration from abroad which, he says, economics clearly demonstrates will lead to higher output in the long run; is false.

What increases output are the factors of production of which labor is a major component. When there are more people willing and able to work in an economy, they help companies to produce more output but that is not the case when immigration is reduced, obviously that would reduce productivity and output.

2. However his second claim is right, that making trade more open between the US and other countries will increase output on the long run.

Trade barriers like tariffs and duties impede the level of trade between countries which could either reduce the amount of money countries make after netting off custom duties or the price of imported goods are increased by the effect of tariffs. Increased price means reduced demand

Hence if tariffs are replaced with subsidies in open trade, prices of U.S imported goods will fall and demand will increase.

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3 years ago

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Ari is a generous employer who truly values his workers. He is constantly praising the work his employees do and finds many ways

inn [45]

Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a country club manager.

<h3>What is a country club manager's style?</h3>

A country club manager's leadership depicts a manager who scores low on productivity but high on concern for people.

Country club managers are attentive to the:

Security
Well-being
Harmony of subordinates.

Thus, Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a country club manager.

Learn more about Country Club Managers at brainly.com/question/15877035

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2 years ago

many credit card companies will let you determine your interest rate when they approve for your card true or false

SashulF [63]

The answer to this is false because all they want is for you to use their card and then it will hurt you credit score because then you will have to pay interest rates.

So it is false

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3 years ago

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What is balance of trade and balance of payment?​

What is balance of trade and balance of payment?