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3 years ago

What are the advantages of being a member of World Trade Organization

Business

1 answer:

frutty [35]3 years ago

8 0

Answer:

Explanation:

Every member country of the world trade organization enjoys the following benefits;

1. They enjoy more support for the development of their local industry

2. Member countries have access to get loan and incentives.

3. There is an existence of peacefully trading among member countries.

4. World trade organization helps members to grow their economy.

5. Through the growth of the economy, unemployment is reduced.

6. World trade organization also helps to resolve disputes among member countries

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NeX [460]

Answer:

1. Cutting Department = $8.99 per machine hour and Finishing Department = $11.53 per direct labor hour.

2. The total manufacturing overhead cost assigned to Job 203 is $2,058.46.

3. Yes. Plant wide pre-determined overhead rate does not consider the cost driver in the departments involved.

Explanation:

<em>Predetermined overhead rate = Budgeted Overheads / Budgeted Activity</em>

Cutting Department = $390,000 / 43,400

= $8.99 per machine hour

Finishing Department = $496,000 / 43,000

= $11.53 per direct labor hour

<u>Total manufacturing overhead cost assigned to Job 203.</u>

Direct materials

Cutting Department $ 745.00

Finishing Department $ 370 .00

Direct labor costs

Cutting Department $ 43.00

Finishing Department $ 210.00

Variable manufacturing overhead

Cutting Department ($2.00 × 43) $86.00

Finishing Department ($2.00 × 4) $8.00

Variable manufacturing overhead

Cutting Department ($3.75 × 3) $11.25

Finishing Department ($3.75 × 13) $48.75

Fixed manufacturing overhead

Cutting Department ($8.99 × 43) $386.57

Finishing Department ($11.53 × 13) $149.89

Total $2,058.46

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3 years ago

If total liabilities decreased by $30,000 and stockholders' equity decreased by $10,000 during a period of time, then total asse

boyakko [2]

Answer:

C) $40.000 Decrease

Explanation:

The accounting equation states that: Assets = Liabilities + Equity, so in this case the Assets must decrease in the same amount that change the other side of the equation, $40.000.

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3 years ago

A study has been conducted to determine if one of the departments in MSU Company should be discontinued. The contribution margin

SOVA2 [1]

Answer:

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Explanation:

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Contributing margin refers to the profit that is free to be used by the business to pay fixed costs and reserve as net profit.

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Net income= -50,000 + 40,000= -$10,000

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Natasha_Volkova [10]

Answer:

A) $25,000.

Explanation:

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3 years ago

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Answer:

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2 years ago

What are the advantages of being a member of World Trade Organization​

What are the advantages of being a member of World Trade Organization