Answer:
Indirect costs incurred in a manufacturing environment that cannot be traced directly to a product are treated as Product costs and expenses when the goods are sold, Option D.
Explanation:
Indirect costs are also manufacturing overheads which cannot be directly put on the product but they have to be allocated in some way. So, these are treated as 'product costs' and 'expenses' when the goods are sold. They are not period costs as per Option A and option C. Option B which says that it is product costs when incurred, which is also incorrect.
Examples of indirect costs can be accounting and legal expenses, rent, telephone expenses, salaries of administrative.
Direct costs includes the costs of direct 'labor', materials and commissions.
Answer:
A. provide a written list such as in your resume
Answer:
=4/7 cans of Belgium coffee for one can of US coffee
Explanation:
Cost of 1 can of coffee in US = $5
Cost of similar can of coffee in Belgium = EURO 7
Real Exchange Rate (Euro/$) =
Nominal Exchange rate × 
= 0.8 × 5/7
=4/7 cans of Belgium coffee per can of US coffee
Nominal exchange rate refers to the exchange rate between two countries which is not adjusted for inflation.
Nominal exchange rate when adjusted for inflation is known as real exchange rate.
Real rate = Nominal rate - Inflation rate
The appropriate fiscal policy for when an economy goes into recession would be the expansionary fiscal policy.
Answer:
Present Value = $22,663.69
Explanation:
<em>The present value of a sum expected in the future is the worth today given an opportunity cost interest rate. In another words ,it is amount receivable today that would make the investor to be indifferent between the amount receivable today and the future sum.</em>
The present value of a lump sum can be worked out as follows:
PV = FV × (1+r)^(-n)
PV - Present value - ?
FV - Future value - 26,800
r- Interest rate per period - 4.28%
n- number of periods- 4
PV = 26,800 × (1.0428)^(-4)=22,663.69
PV = $22,663.69
