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2 years ago

Finance is best defined as

Business

1 answer:

IRINA_888 [86]2 years ago

7 0

Answer:

the management of money and things that are worth money.

Explanation:

Finance is best defined as the management of money and things that are worth money.

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During March, the production department of a process operations system completed and transferred to finished goods 25,000 units

lesya692 [45]

Answer:

175,000 units

Explanation:

total transferred units = beginning work in progress units + number of units started and completed

beginning work in progress = 25,000 units
units started and completed during March = 150,000 units

total transferred units = 25,000 + 150,000 = 175,000 units

7 0

2 years ago

The Perry Corporation recorded the following budgeted and actual information relating to fixed overhead costs for its Z-Line of

steposvetlana [31]

Answer:

Volume variance= $1,800 unfavorable

Explanation:

Giving the following information:

Standard fixed overhead per direct labor hour $3

Standard direct labor hours per unit 0.75

Budgeted production 3100

Budgeted fixed overhead costs $6975.00

Actual production in units 3900

Actual fixed overhead costs incurred $2200.00

To calculate the fixed overhead volume variance, we need to use the following formula:

Volume variance= budgeted fixed overhead - fixed overhead applied

Volume variance= 6,975 - [3*(3,900*0.75)]

Volume variance= 6,975 - 8,775= $1,800 unfavorable

8 0

2 years ago

A in the expected future exchange rate ______ the demand for u.s. dollars. in the u.s. demand for imports _______ the demand for

KIM [24]

A in the expected future exchange rate increases the demand for u.s. dollars. in the u.s. demand for imports does not change the demand for u.s. dollars.

In economics, demand is the number of goods that consumers are willing to purchase at various prices in a particular location and during a particular period of time. [1] The relationship between price and quantity demanded is also called the demand curve. Demand for a particular item is a function of perceived need, price, perceived quality, convenience, available alternatives, disposable income, buyer preferences, and many other options.

Demand refers to the consumer's willingness to buy and pay for goods and services without hesitation. Simply put, demand is the number of items that customers are willing to purchase at various prices over a period of time.

Learn more about demand here

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8 0

1 year ago

Union Company reported the following information about the production and sale of its only product during the first month of ope

AleksAgata [21]

Answer:

C) $200.00

Explanation:

Absorption Product Cost = Direct Labor + Direct Materials + Variable Overheads + Fixed Overheads

Thus, we need to Calculate the Total Cost of Goods Manufactured as follows :

Direct materials used $160,000

Direct labor $100,000

Variable factory overhead $60,000

Fixed factory overhead $80,000

Total Cost of Goods Manufactured $400,000

Then Calculate the product cost per unit

Product cost per unit = Total Cost / Total Production

= $400,000 / ($315,000/$225.00 + 600)

= $400,000 / 2,000

= $200.00

Note : Total Production = Units Sold <em>plus</em> Ending Finished Goods Inventory

3 0

2 years ago

2. The European Union and the United States are trading partners. (a) If the current account balance is zero, will an increase i

nalin [4]

Answer: Deficit

Explanation:

The current account shows the difference between imports and exports as well as net income from outside.

If this balance is zero, it means that imports are equal to exports and income sent abroad equals income recovered from abroad.

If real income in the US was to increase, people would demand more goods and services including more imports. This will shift the current account to a deficit as the imports will surpass the exports.

3 0

2 years ago