The chapter notes that the rise in the u. s. trade deficit during the 1980s was due largely to the rise in the u. s. budget deficit. on the other hand, some in the popular press have claimed that the increased trade deficit resulted from a decline in the quality of u. s. products relative to foreign products.

assume that u. s. products did decline in relative quality during the 1980s.

this caused net exports at any given exchange rate to increase/decrease?

indicate the effect of this shift in net exports on the u. s. market for foreign exchange.

(draw a graph)

according to this model, which of the following statements are true as a result of the quality change? check all that apply.

there is no change in the real interest rate.

net capital outflow is unchanged.

there is no change in the trade balance.

the real exchange rate declines.

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:

How much of your paycheck do you have immediate access to once you deposit it into your bank account a. all of it b. a portion of it c. none of it