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Olenka [21]
2 years ago
7

A variable is a data characteristic that stands for a value that changes or varies over Blank______. Multiple choice question. b

usiness process time
Business
1 answer:
oee [108]2 years ago
3 0

Data characteristics that represent a value that shifts or changes over time.

<h3>What makes a characteristic of data?</h3>

Data quality features make sure you get the most out of your information in the commercial world of today. Your information is not valuable if it doesn't adhere to these guidelines. To increase your data's accuracy, completeness, dependability, relevance, and timeliness, Precisely offers data quality solutions.

<h3>What six properties do data have?</h3>

Accuracy.

Validity.

Reliability.

Timeliness.

Relevance.

Completeness.

<h3>What qualifies as a variable data characteristic?</h3>

The value of the variable's data type, which describes the sort of data a variable represents—such as a number, string, or date—is important to understand. The variable's range, which describes where the data is accessible and how long the variable lasts.

learn more about variables here <u>brainly.com/question/12456133</u>

#SPJ4

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A new public works project requires 20,000 hours of labor to complete. a. Suppose the labor market is perfectly competitive and
Bumek [7]

Answer:

a. $300,000

b. $200,000

Explanation:

a. The opportunity cost for labor is calculated by multiplying the hours of labor needed to complete the project with the market wage rate.

20,000 hours * $15 per hour = $300,000

b. There are some labors that are unemployed and has agreed to work for $10 per hour. The opportunity cost will now be lower than the previously calculated

20,000 hours * $10 per hour = $200,000

c. The opportunity cost depends on the wage rate of the labor. When the labors are employed at market rate, the opportunity cost is high and when there is unemployment the labors are willing to work for lower wage rate. The opportunity cost is decreased.  

6 0
2 years ago
When there is an expansionary gap, inflation will ______, in response to which the Federal Reserve will ____ real interest rates
dalvyx [7]

Answer: increase; raise; decline

Explanation:

An expansionary gap occurs in an economy when the potential output in the economy is less than the actual output.

It should be noted that when there is an expansionary gap, this will lead to a rise in inflation. Since inflation has risen, the government will also increase the real interest rates which will in turn, lead to the reduction in output.

7 0
3 years ago
A company produces and sells 6,400 recliners each year. Each production run has a fixed cost of $400 and an additional cost of $
Taya2010 [7]

Answer:

800 Recliners

Explanation:

Calculation for the optimal number of recliners the company should make during each production run

Using this formula

Economic Order Quantity (EOQ) =√ [(2 D x S) / C]

Where,

Annual Demand (D) = 6,400 Recliners

Fixed Ordering Cost (S) = $400

Carrying cost per recliner (C) = $8

Let plug in the formula

Economic Order Quantity (EOQ)= √[(2 x 6,400 x $400) / $8]

Economic Order Quantity (EOQ)=√$5,120,000/$8

Economic Order Quantity (EOQ)=√$640,000

Economic Order Quantity (EOQ)= 800 Recliners

Therefore the optimal number of recliners the company should make during each production run will be 800 Recliners

8 0
2 years ago
The primary cost associated with the level production strategy is the cost ofA.holding inventory.B.hiring and firing workers.C.o
geniusboy [140]

Answer:

The primary cost associated with the level production strategy is the cost of

A.holding inventory.

5 0
2 years ago
Massena Corporation reported the following data for the month of February:
Elodia [21]

Answer:

$186,700

Explanation:

The computation of adjusted cost of goods sold is shown below:-

Before that we need to do the following calculations

Raw material consumed = Beginning raw material + Raw material purchases - Ending raw materials - Raw materials included in  manufacturing overhead costs  as indirect materials

= $40,000 + $63,000 - $24,000 - $5,000

= $74,000

Total manufacturing cost = Beginning work in progress + Raw material consumed + Direct labor cost + Manufacturing overhead cost - Ending work in progress

= $23,000 + $74,000 + $73,700 + $48,000 - $17,000

= $201,700

Unadjusted Cost of goods sold = Raw materials + Total manufacturing cost - Ending finished goods

= $50,000 + $201,700 - $72,000

= $179,700

Adjusted COGS = Unadjusted Cost of goods sold + Underapplied overhead

= $179,700 + ($55,000 - $48,000)

= $179,700 + $7,000

= $186,700

6 0
2 years ago
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