Answer:
$550,000
Explanation:
The computation of the fixed cost is shown below:
But before that the variable cost per hour is
= (25,000 ×$30.40 - 22,000 × $33.40) ÷ (25,000 - 22,000)
= ($760,000 - $734,800) ÷ (3,000)
= $8.4
Now the fixed cost is
= $760,000 - (25,000 × $8.4)
= $550,000
Answer: A. $1200
Explanation:
The Gross Domestic Product of a nation is the dollar value of all FINAL goods produced within the borders of the said nation during a specific period of time, usually a year.
Final is highlighted because INTERMEDIATE goods are not included because if they were, the GDP would be OVERSTATED as there would be Double Counting of goods and services.
$1200 was the final price in the chain and will be counted in GDP as it encompasses all the processes the cloth went through.
I believe the answer is: D. Decentralized decision-making results in buyers and sellers really engaging in commerce
Decentralized decision making refers to a decision making process which started from the group or individuals in high authority and distributed to the rest of the group. The decision that is made with this process tend to be made in order to address the demand of the buyers.
Answer:
Loss of $7,000
Explanation:
Cost Price of the Machine
In Germany=€300,000
Exchange Rate on March 1, 2017 was 1.16 US$/€
Cost Price in USA=300,000 X 1.16
=$348000
Selling Price of the Machine
= US$350,000
Amount Paid to the dealer on April 1, 2017 at an Exchange Rate of 1.19 US$/€.
=€300,000X 1.19
=$357,000
Since the Cost Price is greater than the Selling Price,
Loss= C.P - S.P.
Loss =357,000-350000 =$7000.
The dealer made a loss of $7,000.
Answer:
Carrying value decreases and interest expense increases
Explanation:
Bonds issued at a discount has its market price below the face value, which means that the market interest rate exceeds the coupon rate of the bond.
When bonds are issued at a discount, what happens to the carrying value and interest expense over the life of the bonds is that carrying value decreases and interest expense increases.