Labor services in a country might be underpriced relative to Productivity because workers aren't allowed to freely move across national boundaries to seek higher wages. It's option A.
Labor, services, accouterments, outfit, tools, transportation, inventories, and particulars necessary or accessible for Completion by the Contractor of the construction described in the Contract and the carrying out of all duties and scores assessed by the Contract wholly, or any portion thereof, on the Contractor.
Productivity is a measure of profitable performance that compares the number of goods and services produced( affair) with the number of inputs used to produce those goods and services.
Productivity increases when the further affair is produced with the same quantum of inputs or when the same quantum of the affair is produced with smaller inputs.
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two researchers have identical models, data, coefficients and standard error estimates. they test the same hypothesis using a two-sided alternative, but researcher 1 uses a 5% size of test whiles researcher 2 uses a 10% test. which of the following statements is correct?
a) researcher 2 will use a larger critical value from the t-tables
b) researcher 2 will have a higher probability of type I error
c) researcher 1 will be more likely to reject the null hypothesis
d) both researchers will always reach the same conclusion.
Two researchers have identical models, data, coefficients and standard error estimates , both researchers will always reach the same conclusion.
What function do researchers serve?Researchers have an obligation to share their findings, collaborate with others when needed, and transmit and use information for the good of their employer, the economy, and society at large. In the course of their research, researchers have an obligation to conduct themselves honestly and ethically.
What do scientists go by?An individual who does scientific study to increase knowledge in a particular field is referred to as a scientist. There are various factors that encourage scientists to work. Many people want to know how the world came to be and why it is the way it is. They display a keen interest in reality.
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Suppose, at a given point in time, Louie's Lute Lair is selling lutes in a perfectly competitive market and is producing at a level of output where price is less than marginal cost. Everything else held constant, Louie can increase his firm's profits by the quantity of lutes he produces and the price he charges for them. Select one: A. notchanging; increasing B. decreasing decreasing c. decreasingsincreasing. D. not changing; decreasing E. increasing; increasing F. increasing; decreasing G. increasing; not changing H. decreasing: not changing
The correct option is E. increasing, increasing. In a perfectly competitive market, Louie's Lute Lair is producing at a level of output where price is less than marginal cost. This means that Louie is incurring losses at the current level of production. In order to increase his firm's profits, Louie has to increase the quantity of lutes he produces and the price he charges for them.
Increasing the quantity of lutes produced will result in an increase in revenue, as Louie will receive more money for each lute sold. At the same time, increasing the price of lutes will increase the profit margin on each lute sold, since the cost of producing the lute remains the same regardless of the price charged.
By increasing the quantity of lutes he produces and the price he charges for them, Louie is able to increase his firm's profits. However, this increase will be limited by the fact that the market is competitive. If Louie increases his price too much, he will be undercut by his competitors, resulting in fewer lutes sold and lower profits for him. Therefore, it is important for Louie to find the optimal balance between quantity and price in order to maximize his profits.
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true or false: A right-to-work law allows employees to decide for themselves whether or not they want to join or financially support a union.
It is true that a right-to-work law allows employees to decide for themselves whether or not they want to join or financially support a union.
States have the power to decide whether workers can be obliged to join a labor union in order to gain or keep a job under right-to-work laws.
Currently, workers have the option to join a union in 27 states plus Guam. Although unions are still allowed to exist in certain states, employees cannot be required to join as a condition of employment.20 states introduced right-to-work legislation during the 2014 legislative session, but no new right-to-work states were created. Tennessee passed a right-to-work law in 1947, making it the only state to do so. Any unit of government is prohibited under the 2014 law from passing laws or regulations that violate the rights provided by the National Labor Relations Act.
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Consider a U.S.-based company that exports goods to Switzerland. The U.S. Company expects to receive payment on a shipment of goods in three months. Because the payment will be in Swiss francs, the U.S. Company wants to hedge against a decline in the value of the Swiss franc over the next three months. The annual U.S. risk-free rate is 2 percent, and the Swiss risk-free rate is 5 percent. Today spot rate is $0.5974 dollars per Swiss franc.
a) Should the U.S. Company long or short a forward contract to hedge currency risk?
b) What is the the no-arbitrage price at which the U.S. Company could enter into a forward contract that expires in three months?
c) Thirty days later the spot rate is $0.55. What is the the value of the U.S. Companys forward position?
a. To mitigate currency risk, a U.S. company should use a short forward contract.
b. $0.5931
c. The company recognizes a gain of $0.0456
a. Because the company will receive settlement in Swiss francs in three months, there is a currency risk that Swiss francs will not be worth as much as expected against the US dollar (or depreciate against USD) when settlement is received. As a result, the business must take a short position in a forward contract to sell Swiss francs at a predetermined rate in three months.
b. F = S0 x (1+ USD rfr) = 90/365 / (1+ Swiss franc rfr) = 90/365 x 1.02 / 1.05 / 90/365 = $0.5931
c. At the 60-day mark before maturity, the value of the short position gain will be determined as follows:
F at the beginning/(1+ USD rfr) - Spot rate at the 60-day remaining to maturity/(1+ Swiss franc rfr) - (90/365) = 0.5931/1.02 (60/365) - 0.55/1.05 (60/365) = $0.0456
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Use of modified accrual accounting:
A.eliminates the need for keeping track of encumbrances during budget execution.
B.records expenditures when contractual payments are made.
C.records expenditures when materials are delivered.
D.requires immediate depreciation of all capital assets.
To what value would $20,000 compound in five years, assuming an annual discount rate of 5%?
A.25,526
B.21,000
C.20,000
D.19,048
Use of modified accrual accounting records expenditures when materials are delivered.
Modified accrual accounting is what?The terms cash basis and full accrual basis are combined to form modified accrual. When revenues are both measurable and accessible, they are recognized. Measurable means that it is possible to calculate the revenue's cash flow. Accessible – The income is available to cover immediate expenses that must be paid within 60 days.
What distinguishes the accrual basis of accounting from the modified accrual basis?The portion is recognized in the period and value when it is incurred under full accrual accounting. The present portion of long-term debt is recorded using modified accrual accounting when it matures. It can also be reported up to the point of liquidation using the accessible, squanderable cash resources.
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on january 1, busy beaver, inc., signed a $315,000, 5-year note payable to buy a new industrial veneer cutter. busy beaver plans to use the machine for 10 years and then sell it for its scrap value of $5,000. using straight-line depreciation, depreciation expense for the 1st year ended december 31 equals . multiple choice question. $284,000 $31,000 $283,500 $31,500
Using straight-line depreciation, depreciation expense for the 1st year ended December 31 equals to $31000.
Depreciation is the method of deducting the cost of a enterprise asset over a protracted time period, rather than over the route of one year. There are four primary strategies of depreciation: instantly line, double declining, sum of the years' digits and units of manufacturing.
Depreciation is a decrease within the e-book cost of fixed property. Depreciation entails loss of fee of assets due to the passage of time and obsolescence.
CALCULATION:
Cost of new machine = $315000
Life of machine = 10 years
Scrap value = $5000
Straight line Depreciation for the year ended December 31, 2018 =
[Cost of nw machine - Scrap Value] / Life of machine
= [$315000 - $5000] / 10
= $310000 / 10 = $31000
Answer is $31000
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TRUE OR FALSE many e-commerce sites now host areas where users can post ratings, questions, or comments about a product or service. the content that is posted in these areas is referred to as customer-generated content (cgc).
True, many e-commerce sites now host areas where users can post ratings, questions, or comments about a product or service. the content that is posted in these areas is referred to as customer-generated content.
What does E-commerce mean?
E-commerce refers to the purchase and sale of goods and services, as well as the transfer of funds or data, over an electronic network, most notably the internet. Transactions can be business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), or consumer-to-business (C2B). E-commerce is typically conducted via the World Wide Web, but it can also be conducted via email, mobile devices, social media, and other digital networks.
What does Service mean?
A helpful act, a kind deed, or work done for the benefit of others are all examples of service. It frequently entails devoting time, effort, and expertise to assist someone in need. In a business context, "service" can refer to any activity that assists in meeting the needs of customers or improving customer satisfaction. It can include providing customers with goods, solutions, or advice.
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The Workers' Adjustment Retraining and Notification Act requires that:
A. organizations with unionized operations negotiate any closings or layoffs that will affect employees within the bargaining unit.
B. organizations with more than 100 employees conduct and publicize the results of an environmental, community impact study before a plant closing that will affect at least 50 full-time employees.
C. organizations with 50 or more employees and $10,000 or more in federal contracts prepare and post an affirmation plan.
D. organizations with more than 100 employees give 60 days' notice before any closings or layoffs that will affect at least 50 full-time employees.
Worker Adjustment and Retraining Notification Act (WARN) (29 USC 2100 et. seq.) - Protects workers, their households and communities through requiring most employers with 100 or extra personnel to grant notification 60 calendar days in boost of plant closings and mass layoffs.
What are the advantages of the WARN Act?(WARN) (29 USC 2100 et. seq.) - Protects workers, their households and communities by requiring most employers with a hundred or more personnel to supply notification 60 calendar days in enhance of plant closings and mass layoffs.
Under certain circumstances, the Worker Adjustment and Retraining Notification ( WARN ) Act requires you to provide be aware 60 days in develop of plant closures or mass layoffs. The WARN Act is supposed to offer protection to workers, their families and communities.
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https://brainly.com/question/14906769#SPJ4choose the statement that is correct. the main source of bias in the cpi arises from frequently updating the cpi market basket. many private agreements, such as wage contracts, are linked to the cpi the bias in the cpi gives workers with wage contracts linked to the cpi less real income than the firm intended. the bias in the cpi decreases government outlays.
The CPI's primary source of bias stems from its regular updating. Workers with wage contracts linked to the CPI receive less real income from the CPI.
Why does the CPI have bias?Many customers notice that size or quantity declines can occasionally mask price increases, and they mistakenly believe that the CPI is unable to account for this phenomena. biased substitution. When customers alter their purchase habits in response to relative price changes, substitution bias results.
What are the primary reasons why the CPI is a price level indicator that is skewed upward?The CPU is a measure of the price level that is inclined upward in four key ways: The quality change bias and the commodity on the new items both the outlet substitution bias and substitution bias.
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which of the following is not generally involved in green marketing? developing products whose production, use or disposal is less harmful to the environment than the traditional versions of the product developing products that have a positive impact on the environment pricing products lower than the competition tying the purchase of a product to an environmental organization or event all of the above are involved in green marketing
Answer: Pricing products lower than the competition
the short-run macroeconomic equilibrium (or srme) occurs whenever the intersects the sras curve.
when the quantity of aggregate output furnished is equal to the extent of mixture output demanded; graphically, this is the price level and real GDP related with the intersection of the SRAS and AD curves.
Where does the short-run equilibrium occur?Short-run equilibrium happens at the intersection of the combination demand curve with the short-run combination furnish curve. The short-run mixture provide curve relates the volume of complete output produced to the fee degree in the quick run. It is upward sloping because of wage and rate stickiness.
On a graph, this happens at the point the place the AD curve intersects the short-run common provide curve, precisely on the long-run aggregate supply curve.
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https://brainly.com/question/29238246#SPJ4The residents of Ireland earn $200 million of income from abroad. Residents of other countries earn $300 million in Ireland. Therefore, Ireland's:
a. net factor payments from abroad are positive, and its GDP is larger than its GNP
b. net factor payments from abroad are positive, and its GNP is larger than its GDP
c. net factor payments from abroad are negative, and its GDP is larger than its GNP
d. net factor payments from abroad are negative, and its GNP is larger than its GDP
Ireland's citizens bring in $200 million from abroad. $300 million is made in Ireland by foreign nationals. Ireland's GDP is higher than its GNP, and as a result, its net factor payments from abroad are negative.
What is the phrase used to describe the revenue received by people and non-corporate businesses?Individual Income. Personal income is the revenue received by households and unincorporated enterprises.
Why do income and spending in an economy have the same value?Income and spending in an economy as a whole must be equal because: Every transaction involves a buyer and a seller. Every dollar that a buyer spends is a dollar that a seller makes. A measure of an economy's revenue and outlays is called the gross domestic product (GDP).
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an entrepreneur wants to sell washers and dryers in a tropical country to his disappointment he found that nobody wants to buy these machines he realized that the dry climates country contribute to his failure people usually hung their clothes out in the sun to dry what's responsible for the failure of the product
economic visibility
marketing receptiveness
technology feasibility
organizational suitability
The marketing receptiveness is mainly responsible for failure the product.
What is marketing receptiveness?This entrepreneur made a snap decision: he wanted to sell drying machines to people living in a tropical country. Obviously, they will sun-dry their washed clothes rather than using machines, which are completely unnecessary in their climate.As tools that use social networks to directly communicate between company brands and consumers, social listening tools can be used not only to establish conversations among the implied parties, but also to learn about the release of new products in the market and how customers react to those new products. This is a great marketing tool because it keeps the company up to date on the latest trends.To learn more about marketing refer to :
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support vector machines are a popular machine learning technique primarily because of their relative cost and superior predictive power. their superior predictive power and their theoretical foundation. their relative cost and relative ease of use. their high effectiveness in the very few areas where they can be used.
support vector machines are a popular machine learning technique primarily because their superior predictive power and their theoretical foundation.
What is the main idea of an SVM?SVM or Support Vector Machine is a linear model for classification and regression problems. It can solve linear and non-linear problems and work well for many practical problems. The idea of SVM is simple: The algorithm creates a line or a hyperplane which separates the data into classes
Why SVM is highly accurate?In SVM, the data is classified into two classes and the hyper plane lies between those two classes. The advantage of SVM is that it also considers data being close to the opposite class and thus gives a reliable classification
What is SVM and its advantages?SVM is a supervised training algorithm that can be useful for the purpose of classification and regression (Vapnik, 1998). SVM can be used to analyze data for classification and regression using algorithms and kernels in SVM (Cortes and Vapnik, 1995).
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The direct write-off method for uncollectible accounts is not allowed by either GAAP or IFRS, but is required by the Internal Revenue Service (IRS) for tax purposes.T/F?
True, GAAP and IFRS do not permit the use of the straight write-off technique, but the IRS does. Thus the correct answer is true.
What is in the GAAP?The accounting standard issued by the United States Securities and Exchange Commission, Generally Accepted Accounting Principles, is the default accounting standard used by corporations located in the United States. The Accounting Standards Codification (ASC), which is the primary source of authentic nongovernmental U.S. GAAP, is published and maintained by the Financial Accounting Standards Board (FASB). Beginning in 2008, the FASB issued US GAAP in Extensible Business Reporting Language. The FASB Accounting Standards Codification is the definitive source of GAAP recognized by the FASB for use by nongovernmental companies.
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Companies within the same industry gather to present, demonstrate, and sell their merchandise at ______.
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $340,000 and Allowance for Doubtful Accounts has a balance of $51,000. What is the net realizable value of the accounts receivable?
Choose matching definition
a. 391,000
b. 340,000
c. 51,000
d. 289,000
Based on the given information, the net realizable value of the accounts receivable is 289,000. Thus the correct option is D.
What are accounts receivable?The money that the corporation will receive from customers who have used credit to acquire its products and services is known as accounts receivable (AR).
The calculation for net realizable value is
Accounts Receivable = $340,000
Allowance for Doubtful Accounts= $51,000.
Net realizable value =A/c Receivable - Allowance for Doubtful accounts
= $340,000 - $51,000
=$289,000
Therefore, option D is appropriate.
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sophie's manager has told her that if she can bring her project in on time, she will get an extra bonus of $10,000. shopie's manager is using __________ power.
Sophie's manager has told her that if she can bring her project in on time, she will get an extra bonus of $10,000. Sophie's manager is using reward power.
The formal authority provided to a work leader to bestow incentives on other employees is known as the reward power. A leader's position inside a corporation determines the source of power because it is position power.
A manager or supervisor who encourages people to perform better is an example of someone with reward power. They could achieve this by rewarding team members who reach a predetermined sales goal. A person with established authority in their workplace is another way to explain the reward power definition. This person has the formal authority to grant or revoke incentives to workers based on their conduct and productivity.
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Butchart Gardens is a very large garden in Victoria, British Columbia, renowned for its beautiful plants. It is so large that it could hold many times more visitors than currently visit it. The garden charges an admission fee of approximately $30. At this price, 1,000 people visit the garden each day.
Are visits to Butchart Gardens excludable or nonexcludable? Are they rival in consumption or nonrival? What type of good is it?
What do you think would happen to the number of visitors if the admission fee were reduced to $15? In your opinion, what is the socially optimal admission fee? Justify your answer.
Defend your views by citing information from the book, the Web and/or your own experiences. First, post your response on the discussion board, and then read and reply to the posts of at least two other students, citing those views with which you agree or disagree as well as your reasons for agreeing or disagreeing
As per the garden charges, the socially optimal admission fee is $2 per person.
Here we have given that Butchart Gardens is a very large garden in Victoria, British Columbia, renowned for its beautiful plants.
And it is so large that it could hold many times more visitors than currently visit it.
Here the garden charges an admission fee of approximately $30.
And in this price, there are 1,000 people visit the garden each day.
Here we need to find the socially optimal admission fee.
While we looking into the given question, we have identified that the following details are given,
Number of people per day = 1000
Admission fee = $30
Then the total fees collection is calculated as,
=> 30 x 1000
=> 30000
Then the optimal admission fee that is also known as the expected return is calculated as,
=> 30000/(15 x 1000)
=> 2 per person.
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Directing you to educational information and resources is one role of a______
Directing you to educational information and resources is one role of a guidance counsellor. Option B
Who is a guidance counsellor?A guidance counselor is a specialist who works in educational settings like schools or universities and offers students academic, personal, and career guidance. They aid in the assessment of their pupils' potential abilities to raise their self-esteem and prepare them for success in their future undertakings.
The process of assisting people in discovering and developing their educational, vocational, and psychological potentialities in order to maximize their level of personal satisfaction and social usefulness is known as guidance counseling, also known as counseling and guidance.
There are five roles that a school counselor can play:
academic, career, behavioral, and aptitude.connecting point for teachers, parents, administrators, and students.preserve student records.Introduce outside organizations.Determine and resolve problems that interfere with education.Read more on the guidance counselor here:https://brainly.com/question/27712678
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A cognitive message strategy:A) invokes feelings or emotions and matches these with the goods, service, or company being advertised.B) is the presentation of rational arguments or pieces of information to consumers.C) is designed to lead more directly to some type of consumer behavior.D) is the manner in which an ad appeal is presented.
A cognitive message strategy: B) is the presentation of rational arguments or pieces of information to consumers.
Presenting consumers with rational arguments or pieces of data is a cognitive communication technique. Processing these concepts cognitively is necessary. When a cognitive message strategy is employed, the main message of the advertisement is focused on the features or advantages of the product. Customers that use the product can gain these advantages.
Designing an advertisement with an impact on a person's beliefs and/or knowledge structure is the aim of the cognitive messaging strategy method. This might be done by bringing up any of the multiple potential product benefits.
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A _____ is a data validation rule that identifies values that are questionable, but not necessarily wrong.
a.
reasonableness check
b.
sequence check
c.
range check
d.
validity check
A range check is a data validation rule that identifies values that are questionable, but not necessarily wrong.
Range checks are used to validate data that must fall within a specific range. There is a defined lower and higher boundary for reasonable values. For instance, a student in secondary school is most likely to be between the ages of 11 and 16. Only numbers from 11 to 16 can be programmed into the computer. A database validation technique is a range check. A range check verifies that data falls inside a predetermined range, between an upper and lower acceptable value. Even strings, dates, and numbers can benefit from range checks. A limit check compares a numerical amount to a predetermined amount. A range check determines whether a numerical value is inside a set lower and upper boundary. The input data will fit into the designated field thanks to a size check.
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Company A and company B are subsidiaries of company C, a multinational company. A has a fixed corporate tax rate of 15% and B pays a 25% fixed corporate tax rate. A sells a component to B at a price ranging from $100 to $200 per unit. Which of the following statements is correct regarding the transfer price from A to B? A. A transfer price of $100 will maximize after-tax profits of B and C. A transfer price of $100 will maximize after-tax profits of A and C. B. A transfer price of $200 will maximize after-tax profits of B and C. C. A transfer price of $200 will maximize after-tax profits of A and C. D.
The correct option is (D). Company A and Company B are subsidiaries of Company C, a multinational company. A has a fixed corporate tax rate of 15% and B pays a 25% fixed corporate tax rate. A sells a component to B at a price ranging from $100 to $200 per unit. A transfer price of $200 will maximize the after-tax profits of A and C.
A corporate tax is a tax imposed on companies or corporations by the government. It is calculated based on the company’s profits and revenues, minus allowable deductions and expenses. The money collected through corporate taxes is used to fund programs and services provided by the government.
In the United States, the corporate tax rate is 21%, down from the 2017 rate of 35%. However, different states have different rates of corporate tax, and some states do not impose corporate tax at all. Depending on the state, corporate taxes can range from 0% to 12%.
The corporate tax also applies to businesses other than corporations, including sole proprietorships, partnerships, and limited liability companies. In most cases, the business owners are responsible for paying the corporate tax. The corporate tax rate is generally lower than the personal income tax rate, which means business owners can save money by taking advantage of the corporate tax structure.
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List some of the operations and functions in a company that are dependent on a forecast for product demand.
Production, inventory management, scheduling, facility placement, transportation and logistics, distribution, marketing, and quality control.
What is a company's straightforward definition?A set of people can form new entity called a corporation to carry out and manage a business activity, whether it's the commercial or industrial. An entity could well be set up in a number of ways for tax and responsibility reasons depending on the laws in its jurisdiction.
Briefing:These are some areas that marketing and quality control are related: Marketing aids in predicting demand and sales.
Quality management aids managers in hiring personnel to enhance production efficiency so that it meets consumer demand.
Because forecasting influences both the long-term and short-term market, management in every business management layer views it as a crucial and significant activity.
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concrete company agrees to lay a foundation for diamond properties, but fails to finish the job. diamond hires earth projects inc. to complete the work. in a suit for breach, diamond may recover from concrete
Concrete company agrees to lay a foundation for diamond properties.
What do you mean by Contract?
A legally enforceable agreement between two or more parties known as a contract establishes, clarifies, and regulates the parties' respective rights and obligations. The transfer of commodities, services, money, or a promise to transfer any of those at a later time are common components of contracts.a pledge made to another party stating whether they will or won't carry out a specific activity in the future. For instance, I'll give you $3,500 in exchange for your car. of oneself. In most cases, it reflects the conditions of the offer—a declaration made through words or deeds that both parties accept the terms of the contract.To know more about Contract here
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Which of the following CANNOT be included in a written property management agreement under Kentucky law?
A. Provision outlining the conditions under which the licensee is permitted to pay expenses related to the property
B. A copy of the lease that tenants will sign
C. Name and address of the bank where the security deposit will be held by the broker.
D. Agreement that the licensee provide a quarterly written accounting to the owner.
The agreement that the licensee provide a quarterly written accounting to the owner of the following cannot be included in a written property management agreement under Kentucky law. The correct option is D.
What kind of law does Kentucky have?It follows common law in Kentucky. In the common law system, judges decide current disputes using prior cases as precedents.
In order to comply with Kentucky's Statute of Frauds, a contract for the sale of real estate must be in writing. Both parties are not required to abide by verbal agreements or negotiations. There is no deal if one party decides to back out after you and the other party have discussed a price, etc. over the phone.
Thus, the ideal selection is option D.
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early inspections can . question 42 options: increase any further costs being spent on units that are already spoiled prevent any further conversion costs being wasted on units that are already good prevent any further costs being wasted on units that are already spoiled increase conversion costs on units that are already spoiled
Early inspections can increase conversion costs on units that are already spoiled.
The unit expenses of regular and odd spoilage are the equal whilst the 2 are detected on the equal inspection factor. The expenses of regular spoilage are normally covered as a element of the expenses of appropriate gadgets manufactured.
The value of spoiled gadgets is believed to same all expenses incurred in generating spoiled gadgets as much as the factor of inspection. - Spoilage expenses consequently range primarily based totally on exceptional inspection points.
In accounting, regular spoilage is covered withinside the fashionable value of goods, whilst odd spoilage is charged to cost as incurred. This method that the value of regular spoilage might also additionally to start with be recorded as an asset after which charged to cost in a later period.
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If you are looking to expand your company's presence online internationally, which of the following should you consider with regards to your online content?
A . Translated by an automated tool only
B Translated but also locally adapted for the audience
C Translated into the native language
D Left the same, and not translated
The answer is (B) Translated but also locally adapted for the audience.
A company's website should be improved in terms of content and languages offered if it wishes to establish an international presence and increase its market.
The expansion of a website's presence into new international markets requires localization and adaptation so that the material not only corresponds to the audience's or user's native tongue but also takes into account the language's linguistic and cultural nuances.
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ch 2 kb. the predetermined manufacturing overhead rate is calculated by group of answer choices multiplying the predetermined moh rate by the actually allocation base factor multiplying the actual allocation base factor by the estimated annual moh dividing the annual estimated moh by the annual estimated moh allocation base multiplying the predetermined moh rate by the actual allocation base
The predetermined manufacturing overhead rate is calculated by dividing the annual estimated MOH by the annual estimated MOH allocation base.
Predetermined overhead rate is an estimated rate of the cost of manufacturing a product over a specific period of time. The overhead is the cost associated with the manufacturing of a product such as facility maintenance, facility utilities, supplies, equipment, and labor costs. To calculate the predetermined overhead rate for a specific period of time, for example, a fiscal year, the estimated predetermined overhead cost is divided by an allocation base, such as direct labor costs, direct labor dollars, or number of machine-hours. Indirect labor costs, such as executive or supervisor salaries or any labor not related to the physical manufacturing of the product, would not be used in the manufacturing overhead rate.
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Purchasing-power parity holds between the nations of Ectenia and Wiknam, where the only commodity is Spam.In 2020, a can of Spam cost 2 dollars in Ectenia and 16 pesos in Wiknam.The exchange rate between Ectenian dollars and Wiknamian pesos was _____ pesos per dollar.Over the next 20 years, inflation is expected to be 3.5 percent per year in Ectenia and 7 percent per year in Wiknam. If this inflation comes to pass, what will happen over this period to the price of Spam and the exchange rate?Over this period, the price of Spam in Ectenia will (Options: double, triple, quadruple), and the price of Spam in Wiknam will (Options: double, triple, quadruple). (Hint: Recall the rule of 70 from the chapter "The Basic Tools of Finance.") The exchange rate between the two countries will (Options: double, triple, quadruple).
True or False: Ectenia will likely have a higher nominal interest rate.
A friend of yours suggests a get-rich-quick scheme: borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate, and profit from the interest-rate differential.
Which of the following statements explains the flaw in your friend's logic?
A. The scheme would work only if there is greater inflation in one nation than in the other.
B. Nominal exchange rates adjust for the effects of inflation.
C. The scheme would work only if the real interest rates are the same in both nations.
The only good available in Ectenia and Wiknam, where purchasing power parity prevails, is Spam. A can of Spam in 2020 would cost $2 in Ectenia and $16 in Wiknam. Ectenian dollars were worth 8 Wiknamian pesos per dollar at the time.
How is the purchasing power parity determined?By taking the geometric mean of the pricing relationships between each pair of economies for the two varieties of rice, the basic-heading PPP for each pair of economies may be calculated directly. This comparison is bilateral. Indirectly, PPP C/A PPP B/C = PPP B/A can be used to calculate the PPP between economies B and A. A trader might think about selling the currency in issue if the PPP rate shows that it is overvalued relative currency. They might think about adopting a long view of the market if the PPP rate reveals that the currency is undervalued in relation to the USD.
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