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IgorC [24]
3 years ago
11

Purchasing power parity does not hold in the short to medium run because:____.

Business
1 answer:
maria [59]3 years ago
8 0

Answer:

some goods aren't internationally traded

Explanation:

Purchasing power parity is most popularly known as the PPP. It may be defined as the measure of the prices of the various countries which makes use of the price of some specific goods in order to compare the absolute purchasing capability or power for the countries' currencies.

It is used to measure and compare prices at different locations.

The purchasing power does not hold good in the short to the medium run as different countries produces different goods and as such all the goods are not internally traded all over the locations or countries.

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Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials
tatuchka [14]

Answer: $3.10

Explanation:

The actual price per pound of direct materials purchased in June will be calculated as follows:

Let the actual price be represented by x.

Material price variance is calculated as:

= (standard price-actual price) × actual quantity

-2000 = (3 × 20000) - 20000x

-2000 = 60000 - 20000x

20000x = 60000 + 2000

20000x = 62000

x = 62000/20000

x = 3.1

Therefore, the actual price per pound of direct material bought in June is $3.10

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3 years ago
What does Physchographic profile mean
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Answer:

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Explanation:

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3 years ago
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garri49 [273]
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7 0
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Vandel Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 5,900 units are p
Fantom [35]

Answer:

Given:

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Variable selling and administrative expense = $11.20 per unit

Fixed selling and administrative expense = $131,570 per month

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Therefore, we'll compute cash disbursements for selling and administrative expenses using the following formula:

<em>Cash disbursements = Variable selling and administrative expense × Sales budget +  Fixed selling and administrative expense - Depreciation</em>

Cash disbursements = $11.20 × 5,900 + $131,570 - $16,520

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Answer:

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Explanation:

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