The given statement is "A market basket is made up of all goods and services purchased by a family , a hypothetical consumption bundle. a set of goods and services typically purchased by producers. an arbitrary set of goods and services purchased by an individual. a fixed set of goods and services identified in 1982 " TRUE
Explanation:
Market baskets are hypothetical purchases of products and services by consumers and are a group of products and services which reflects the purchases made by the consumer.
The Consumer Price Index is a popular market index, offering an inflation indicator based on the average price changes charged over time to a particular basket of goods and services.
The CPI uses over 200 types of economic measures, including employment, housing, transport and leisure.
Major retailers use a market basket model to forecast and increase sales of stimuli based on consumers ' groups of products.
At a public meeting where few are specialists, a school board adopting a complex new zoning policy only discusses the more fundamental components of the policy. An illustration of the common knowledge effect is this.
A decoration, interpretation, or visual explanation of a text, concept, or process is called an illustration. Illustrations are made to be integrated into print and digital published media, including posters, flyers, magazines, books, instructional aids, animations, video games, and films. Typically, an artist will produce an artwork. Emojis are frequently used to accompany digital typography, for example, to make websites and applications more user-friendly. Giving an example, whether orally or visually, is another definition of illustration.
The term "illustration" has its roots in late Middle English, when it originally meant "illumination; spiritual or intellectual enlightenment": Through Old French, from the word illustrare in Latin, illustratio(n-)
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Based on the scenario, the individual can still order Nancy Penley to work on Saturday despite of her reason that it is her regular religious holiday because the individual can order her to work if there is no reasonable accommodation that could be made and by that, the individual can make or order her to work the following day.
Answer:
Amount to be transferred out of Work in process = 5,400 units * $63.13
= $340,902
Explanation:
Finished goods
opening 1,100
production 5,300
closing - 1,000
Finished good = 5,400 units
Completed goods = finished goods transferred + 20% complete WIP
= 5,400 + 200 units (1000*20%)
= 5,600 units
Total cost = $2,540 + $351,000
=$353,540
Cost per unit = Total cost / Completed goods
= $353,540 /5,600 units
= $63.13
Even though the 200 units (1000*20%) are completed and are included in calculating the cost per unit but they are not transferred to the finished goods only 5,400 units are transferred to finished goods.
The only reason for the 200 units inclusion on calculating the cost per units is that they are complete and in the total cost they are included as they were incurred alongside the 5400 units transferred.
Answer:
Explanation:
Present Value of Entire Underwriting Compensation=
Commission as a fixed % of Gross Proceeds + PV of Gain by exercising option to purchase shares.
Fixed Commission= 5000000*0.06
=300000
Gain by exercising option=200000*(12-5)
=1400000
PV of Gain =1400000/(1+0.15)
=1400000/1.15
=1217391.30
PV of Total Compensation=300000+1217391.30
=1517391.30
