A U. S. purchase of oil from overseas paid for with foreign currency it already owned Group of answer choices increases U. S. net exports, and increases U. S. net capital outflow. increases U. S. net exports, and decreases U. S. net capital outflow. decreases U. S. net exports, and increases U. S. net capital outflow. decreases U. S. net exports, and decreases U. S. net capital outflow.

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e.g.