Answer:
Before starting her import business, Elena should try to gather relevant information from companies that import goods, and if possible information about companies that import African goods.
Explanation:
Elena might be right about American consumers liking African products, but if importing those goods is too difficult, or is subject to several trade barriers, or some other issues, then Elena might have to reconsider her idea. Sometimes no matter how good a business idea is, if it is impractical to carry out, then t is useless.
Answer:
$2.25
Explanation:
sale volume of company = 30,000 unit
total fixed cost are = $30,000
total variable cost $45,000 for 30,000 unit
1 unit = 45000/30000 = $ 1 . 5
for the sale of 40,000 unit
the total expected cost
= Fixed cost + Variable cost
= $30,000 + 40,000×$1.50
= $30,000+$60,000
= $90,000
Cost per unit:
= $90,000/40,000
= $2.25
Source: Net
Find the GCD (or HCF) of numerator and denominator
GCD of 112 and 220 is 4
Divide both the numerator and denominator by the GCD
112 ÷ 4
220 ÷ 4
Reduced fraction:
28
55
Answer:
D. 13,000.
Explanation:
The computation of the equivalent units of direct materials for April month is given below
= Number of units completed + ending units remained in production × completion percentage
= 9,000 units + 4,000 units × 100%
= 9,000 units + 4,000 units
= 13,000 units
All the other information that is mentioned is not relevant. Hence ignored it
Answer:
Dr Machinery $4500
Cr Cash $4500
Explanation:
The reason is that the Internation Accounting Standard IAS 16 Property, Plant & Equipment says that the company must capitalized all those costs that are necessary to make the asset ready to use which means that the cost of training which is $500 and purchasing cost which is $4000 must be capitalized as part of the asset.
So the entry would be:
Dr Machinery $4500
Cr Cash $4500
