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Monica [59]
1 year ago
9

A recovery is generated in the classical / new classical part of this example when investment spending and technology __________

_____ in the private sector
Business
1 answer:
vichka [17]1 year ago
7 0

A recovery is generated in the classical/new classical part of this example when investment spending and technology <u>expand over time due to rising confidence</u><u> </u>in the private sector.

investment spending - money spent on capital goods, or goods used inside the production of capital, goods, or services. investment spending may additionally include purchases along with equipment, land, production inputs, or infrastructure.

some of the important varieties of funding are: (1) commercial enterprise constant investment, (2) Residential investment, (3) stock investment, (4) independent funding, and (5) caused investment.

Spending on new capital items is known as funding expenditure. funding falls into 4 categories: producer's durable gadget and software program, new nonresidential systems, modifications in inventories, and home systems.

Learn more about investment spending here

brainly.com/question/7284631

#SPJ4

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MCO Leather Goods manufactures leather purses. Each purse requires 2 pounds of direct materials at a cost of $4 per pound and 0.
ruslelena [56]

Answer:

Direct Materials Purchases Budget Sept 51680  October  60160              

Direct labor Budget September 54600 October  66150

Overhead Budget Sept  $ 20920  October  $23,230

Explanation:

The budgets are calculated in the following ways.

We multiply the required material , direct labor hour or variable overhead rate with the given number of units and then with the cost per unit to get the total costs.

MCO Leather Goods Manufacturers

Direct Materials

<u>Purchases Budget</u>

                              September      October      November

Production              5200             6300             6100

<u>Pounds per units       *  2                 *2                    *2</u>

<u>Total Pounds           10400           12600           12200</u>

Cost per pound         * $4               * $4                   *$4

<u>Total cost                41600           50400           48800 </u>

On hand

<u>Inventory               + 10080             + 9760                 ---     </u>

Direct Materials

<u>Purchases Budget  51680           60160                     </u>

<u></u>

MCO Leather Goods Manufacturers

Direct Labor Budget

                                       September           October

Production                        5200                   6300

<u>Hours required per unit * 0.7                          *0.7</u>

Total hours                      3640                      4410

<u>Rate per hour                 * $15                           *$15</u>

<u>Total labor Cost            54600                   66150</u>

 

MCO Leather Goods Manufacturers

Factory Overhead Budget

                                       September           October

Production                        5200                   6300

<u>Hours required per unit * 0.7                         * 0.7</u>

Labor Hours                      3640                  4410

<u>Variable OH                      * $3                     *$3        </u>

<u>Variable Costs                 $10920             $13230</u>

<u>Fixed OH                        + $10,000             +$10,000</u>

<u>Total OH                          $ 20920             $23,230</u>

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