1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Murljashka [212]
1 year ago
10

What is the impact of 7.4 cpi on consumers

Business
1 answer:
Mila [183]1 year ago
3 0

The findings of a country's CPI report are typically reported as a percentage change from the previous issue. A positive result indicates a rise in the inflation rate as a consequence of higher consumer costs. If the contrary were to happen, prices would go down, benefiting consumers and reducing inflation.

This is further explained below.

<h3>What are consumers?</h3>

Generally, A person or group is considered to be a consumer if they have the intent to order, do order, or use goods, products, or services that they have purchased primarily for personal, social, family, household, and similar needs, which are not directly related to activities related to either entrepreneurship or business.

In conclusion, When a nation releases a new Consumer Price Index report, the findings are presented in the form of a percentage change in comparison to the most recent issue. In the event that the result is positive, it indicates that there has been a rise in the overall level of consumer prices and that the rate of inflation is climbing. In the alternative scenario, prices paid by consumers would fall, and the rate of inflation would fall along with them.

Read more about consumers

brainly.com/question/13420317

#SPJ1

You might be interested in
.If you employer gives you a raise that is equal to the inflation rate, then your real salary will have increased T/F
AysviL [449]

I would say the answer is True

7 0
3 years ago
Suppose a riskless project requires an initial investment of $10 and will generate a one-time cash inflow of $30 two years later
Evgesh-ka [11]

Answer:

D. The payback period is less than 2 years.

Explanation:

Discount rate                 5%  

                                        0      1          2

intital investment        -10  

cash flow                       0        30

Total cash flow         -10      0        30

NPV                        17.21  

IRR                                 73%  

Therefore, The NPV is 17.21 and is positive, the statement is True.

IRR > 50%, Therefore the statement made is True

Accounting rate of return = {[(30 - 10)/10]^(1/2)} - 1

                                           = 41% > 0

Therefore, The statement made is true.

Payback period = 2 years, Therefore the statement made is NOT true.

7 0
3 years ago
Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has bud
beks73 [17]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the number of processing hours:</u>

Processing hours= (0.25*3,000) + (0.1*6,000) + (0.3*3,500)

Processing hours= 750 + 600 + 1,050

Processing hours= 2,400

<u>Now, we can calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 207,000 / 2,400

Predetermined manufacturing overhead rate=$86.25 per processing hour

<u>To allocate overhead, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Tortilla chips= 86.25*75= 64,687.5

Potato chips= 600*86.25= 51,750

Pretzels= 86.25*1,050= 90,562.5

<u>Finally, the unitary cost:</u>

Tortilla chips= 64,687.5 / 3,000= $21.56

Potato chips= 51,750 / 6,000= $8.63

Pretzels= 90,562.5 / 3,500= $25.88

8 0
3 years ago
"when a profit-maximizing firm in a competitive market has zero economic profit, accounting profit"
Nonamiya [84]
"when a profit-maximizing firm in a competitive market has zero economic profit, accounting profit"

The answer is positive.

8 0
2 years ago
Charleston Company has two departments (Processing and Packaging) and uses a job-order costing system. Charleston applies overhe
olga_2 [115]

Answer:

$1.236= Estimated manufacturing overhead rate

Explanation:

Giving the following information:

Processing:

Direct labor cost= $44,500

Applied overhead= $55,000

To determine the estimated overhead rate, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

55,000= Estimated manufacturing overhead rate*44,500

55,000/44,500= Estimated manufacturing overhead rate

$1.236= Estimated manufacturing overhead rate

3 0
3 years ago
Other questions:
  • Money is
    8·1 answer
  • Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A
    11·1 answer
  • if the federal Reserve buys 40000 in treasury bonds from a bank at 6% interest what is the immediate effect on the money supply
    15·2 answers
  • Why does demand become more elastic over time?
    5·1 answer
  • The following exchange demonstrates which problem solving technique?We pay higher costs than we need to when we go bowling becau
    6·2 answers
  • The following income statement items, arranged in alphabetical order, are taken from the records of Shaw Corporation for the cur
    13·1 answer
  • ______ within the marketing channel can provide efficiencies and economies of scale as channel members take on tasks that best u
    8·2 answers
  • Frozen Gold is a fast-growing chain of ice cream shops. It has acquired an edge over its competitors through its ability to prov
    13·1 answer
  • Steve Wilson is given a $200 budget to prepare a five-course meal. If the main course costs $80 to prepare, what fraction of the
    11·1 answer
  • Explain the difference between what health insurance covers and what long term disability insurance covers
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!