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amid [387]
1 year ago
14

A movement along the phillips curve shows that the unemployment rate and inflation rate are.

Business
1 answer:
Gemiola [76]1 year ago
3 0

Changing in response to the supply-side policy.

<h3>What causes a movement along the Phillips curve?</h3>
  • An increase in AD is a shift from point A to point B. Inflation rises, and the jobless rate falls when AD rises. A shift from point A to point C corresponds to a reduction in AD.
  • The Phillips curve is a diagram that illustrates the economic link between the rate of unemployment and the pace at which wages are changing in terms of money. It reflects the belief of economist A. William Phillips that wages tend to increase more quickly when unemployment is low.
  • According to the Phillips curve, unemployment and inflation are inversely related. Lower unemployment is correlated with higher inflation, and vice versa.

A movement along the phillips curve shows that the unemployment rate and inflation rate are.

Changing in response to the supply-side policy.

To learn more about the Phillips curve, refer to:

brainly.com/question/14058703

#SPJ4

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Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
Flauer [41]

Answer:

Required 1

<u>Part a</u>

<em>Total Product cost = Variable manufacturing costs + Fixed manufacturing costs</em>

where,

Variable manufacturing costs = ($84,000 + $42,500 + $21,000) ÷ 1,000 units = $147.50

Fixed manufacturing costs = $32,500 ÷ 1,000 units = $32.50

therefore,

Total Product cost = $147.50 + $32.50 = $180.00

<u>Part b</u>

<em>Total period cost = variable non- manufacturing costs + fixed non-manufacturing costs</em>

where,

variable non- manufacturing costs = $15,000 + $5,500 = $20,500

fixed non-manufacturing costs = $24,000 + $28,000 = $52,000

therefore,

Total period cost = $20,500 + $52,000 = $72,500

Required 2

<u>Part a</u>

<em>total direct manufacturing cost = Direct Materials + Direct Labor + Direct (Variable) Manufacturing Overheads</em>

therefore,

total direct manufacturing cost = $84,000 + $42,500 + $21,000 = $147,500

<u>Part b</u>

<em>total indirect manufacturing cost = fixed manufacturing costs</em>

therefore

total indirect manufacturing cost = $32,500

Required 3

<u>Part a</u>

<em>total manufacturing cost = variable manufacturing cost + fixed manufacturing costs</em>

therefore,

total manufacturing cost = $84,000 + $42,500 + $21,000 + $32,500 = $180,000

<u>Part b</u>

<em>total non-manufacturing cost = variable non-manufacturing cost + fixed non-manufacturing cost</em>

therefore,

total non-manufacturing cost = $20,500 + $52,000 = $72,500

<u>Part c</u>

<em>total conversion cost = direct labor cost + manufacturing overheads</em>

therefore,

total conversion cost = $42,500 + $21,000 + $32,500 = $96,000

<em>prime cost = direct material + direct labor</em>

therefore,

prime cost = $84,000 + $42,500 = $126,500

Required 4

<u>Part a</u>

<em>total variable manufacturing cost = direct materials + direct labor + variable manufacturing costs</em>

therefore,

total variable manufacturing cost = $84,000 + $42,500 + $21,000 = $147,500

<u>Part b</u>

<em>total fixed cost = fixed manufacturing costs + fixed non-manufacturing costs</em>

therefore,

total fixed cost = $32,500 + $52,000 = $84,500

<u>Part c</u>

<em>variable cost per unit produced and sold = variable manufacturing cost + variable non-manufacturing</em>

therefore,

variable cost per unit produced and sold = $147.50 + ($20,500 ÷ 1,000) = $168.00

Required 5

<em>incremental manufacturing costs =  variable manufacturing costs</em>

therefore,

incremental manufacturing cost = ($84,000 + $42,500 + $21,000) ÷ 1,000 units = $147.50

8 0
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Absorption and Variable Costing; Inventory Valuation Bondware Inc., has a highly automated assembly line that uses very little d
igor_vitrenko [27]

Answer:

Bondware Inc.

FIFO Inventory Method:

Ending Inventory (60 units):

Absorption Costing = $66,000

Variable Costing = $56,400

Explanation:

a) Data and Calculations:

Unit Production Costs for March:

Direct materials     $500

Variable overhead   440

Total variable cost $940

Fixed overhead        160

Total manufacturing

  costs per unit   $1,100

Calculation of Ending Units of Inventory:

Beginning units     100

Units produced = 500

Units sold =         (540)

Ending units =        60

Beginning Inventory, 100 units:

Absorption costing value = $90,000

Variable costing value = $76,000

FIFO Inventory Method:

Ending Inventory:

Absorption Costing = 60 * $1,100 = $66,000

Variable Costing = 60 * $940 =       $56,400

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Bob lives in Houston and runs a business that sells boats. In an average year, he receives $842,000 from selling boats. Of this
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