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2 years ago

the short-run aggregate supply curve would be expected to increase (shift to the right) as a result of:

1 answer:

7 0

The short-run aggregate supply curve would be expected to increase (shift to the right) as a result of productivity increases or the price of key inputs falling.

<h3>What is an aggregate supply curve?</h3>

The aggregate supply curve is a curve that shows the total supply of products and goods and services. These total goods are the supply of products to the company that sells the goods.

The short-run aggregate supply curve gets right when the price of products decreases.

Thus, if productivity rises or the cost of essential inputs decreases, the short-run aggregate supply curve should rise (move to the right).

To learn more about the aggregate supply curve, refer to the link:

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Doogan Corporation makes a product with the following standard costs:

AveGali [126]

Answer:

Direct material quantity variance= $2,170 unfavorable

Explanation:

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*5,000 - 10,310)*7

Direct material quantity variance= $2,170 unfavorable

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3 years ago

The difference between part-time work and job sharing is that a. people in job-sharing positions still receive benefits because

Helga [31]

Answer:

b. jobs that are classified as part-time are jobs that can be done in a shorter amount of time than that of a full-time job, whereas job sharing creates one full-time position out of two part-time employees

Explanation:

Based on the scenario been described, we can say that the difference between part time job and job sharing is, jobs that are classified as part-time are jobs that can be done in a shorter amount of time than that of a full-time job, whereas job sharing creates one full-time position out of two part-time employees, so option b is the correct answer. In part-time job, job are done in short period of time, whereby the employee will come and do his/her job within a short period of time and leave, while job sharing is a full time job but is been shared among full time employees to do their turns.

6 0

3 years ago

Read 2 more answers

Richard's father, Joseph Leder, died in 2014 and was insured by a $1,000,000 policy purchased in 2011 (within three years of his

Lady bird [3.3K]

Answer:

C) III

III. No, the policy was excluded from Joseph's estate.

Explanation:

It doesn't matter who pays the policy's premiums, what matters is who is the beneficiary of the policy. If the proceeds of the policy are paid to the insured's estate, then they are part of it, but if the proceeds are paid to another beneficiary, then they are not included in the estate.

Since Joseph's wife was the owner and beneficiary of the policy, the proceeds will be paid directly to her. The advantage here is that proceeds from the life insurance policy are not taxed as income, but if Joseph's state was larger than $5.43 million, then estate taxes might apply.

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4 years ago

Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $46,000 $39,50

Archy [21]

Answer:

Cost of goods manufactured= $228,700

Explanation:

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 25,500 + (46,000 + 75,500 - 39,500) + 100,500 + (68,500 - 11,800) - 36,000

cost of goods manufactured= $228,700

We deduct the indirect material from overhead because it is already incorporated into direct materials.

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3 years ago

LanWan Software earned net sales revenue of $62,000,000 in 2016. Cost of goods sold was $41,540,000, and net income reached $9,

blagie [28]

Answer:

33%

Explanation:

Given that,

Net sales revenue = $62,000,000

Cost of goods sold = $41,540,000

Net income reached the company's highest ever = $9,000,000

Gross profit:

= Net sales revenue - Cost of goods sold

= $62,000,000 - $41,540,000

= $20,460,000

Therefore, the gross profit percentage is calculated by dividing the gross profit by the net sales.

Gross profit percentage for 2016:

= (Gross profit ÷ Net sales) × 100

= ($20,460,000 ÷ $62,000,000) × 100

= 0.33 × 100

= 33%

4 0

3 years ago