government and markets earn income from foreign countries. International Trade affects university students by offering school supplies such as computers more affordable because they are made and sold at a cheaper rate. University students are able to achieve a higher education when the school supplies are produced in a domestic market where the college student resides‚ and leaves the student more money for tuition. A government choice on tariffs and quotas has different affects on international relations
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2. Granger Company is reviewing its standard machine hours per unit to use in its budget for the upcoming year. The machine manufacturer’s specifications indicated a unit could be made in 0.75 hours‚ and a benchmarking study showed a competitor produced at a speed of 0.78 machine hours per unit. Granger’s actual results from last year averaged 0.83 machine hours per unit even though a standard of 0.80 machine hours per unit had been established using engineering studies. The standard Granger should
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price‚ its elasticity and demand (Hughes‚ 1986). The revenue of the company is all amount of money that organisation has earned during the year (month‚ decade)‚ which is calculated by multiplying the price per one unit to the number of goods were sold (www.nbcnews.com). As it can be
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year of operations‚ the SubRay Corporation produced the following income statement results: Net Sales $300‚000 Cost of Goods Sold -180‚000 Gross Profit 120‚000 General & Administrative -60‚000 Marketing expenses -60‚000 Depreciation -20‚000 EBIT -20‚000 Interest expenses -10‚000 Earnings before taxes -30‚000 Income taxes -0 Net earnings (loss) $-30‚000 Costs of goods sold are expected to vary with sales and be a
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------------------------------------------------- Buffalo Forge Company confined its focus on manufacturing therefor releasing Willis from his job at the company. Willis and six other engineers decided to form the Carrier Corporation which primarily sold air conditioners. ------------------------------------------------- BIBLIOGRAPHY ------------------------------------------------- Frost‚ Josephine C. The Haviland Genealogy — Ancestors and Descendants of William Haviland. New York: The Lyons Genealogical
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American has always strived to become the land of the free and a place where there are endless opportunities to achieve. People have had visions to help revolutionize the world. Numerous technological advances have definitely assisted in the evolution of America’s socioeconomics. Transportation has always been one of the most influential factors in determining the advancement of a country due to its remarkable impacts it has on societies. The influx of automobiles in America throughout the 20th century
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administrative expenses | | $ 4 | Fixed costs per year: | | | Fixed manufacturing overhead | $ 90‚000 | Fixed selling and administrative expenses | $ 300‚000 | | During the last year‚ 30‚000 units were produced and 25‚000 units were sold. The Finished Goods inventory account at the end of the year shows a balance of $85‚000 for the 5‚000 unsold units. |
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manufacturer incurs a yearly fixed operating cost of $ 200‚000. Each drum manufactured costs $ 160 to produce and sells $ 200. What is the manufacture’s break-even sales volume in drums per year? Solution: Let: x = number of drums to be sold out per year to break-even Income = Expenses 200x = 200‚000 + 160x 40x = 200‚000 x = 5‚000 drums The annual maintenance cost of a machine is P 70‚000. If the cost of making a forging is P 56 and its selling price is P 125 per
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PRESENTED BY GROUP MAster Minds Executive Summary Red Bull counts to the category of soft drinks. It is a non alcoholic stimulation drink with a totally unique formulation and effect. It gives stimulation and revitalises the body after exertion and enhances mental and physical performance. Red Bull is to be used and not drunk. Red bull consists of two natural substances and important metabolic transmitters- the amino acid taurin and the glucuronolacton – with stimulating caffeine‚ vitamins
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within the national accounts iv) Coking coal Intermediation goods unless being sold by exporting as it is used as an ingredient into the Production of other good such as iron and steel ‚ steam etc. b) An economy produces final goods and services with a market value of $800 billion in a given year‚ but only $750 billion worth of goods and services is sold to domestic or foreign buyers. Is this nation’s GDP $800 billion or $750 billion? Explain your answer
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