Mint corporation has several transactions with foreign entities. each transaction is denominated in the local currency unit of the country in which the foreign entity is located. on october 1, 20x8, mint purchased confectionary items from a foreign company at a price of lcu 5,000 when the direct exchange rate was 1 lcu = $1.20. the account has not been settled as of december 31, 20x8, when the exchange rate has decreased to 1 lcu = $1.10. the foreign exchange gain or loss on mint's records at year-end for this transaction will be:

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is

Asupermarket has been experiencing long lines during peak periods of the day. the problem is noticeably worse on certain days of the week, and the peak periods are sometimes different according to the day of the week. there are usually enough workers on the job to open all cash registers. the problem is knowing when to call some of the workers stocking shelves up to the front to work the checkout counters. how might decision models the supermarket? what data would be needed to develop these models?

Using the smith's bbq report, the cost of wine for next week will increase by 2% from the current week. if all other cost of sales stays constant, what will be the approximate total cost of sales for next week?