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Kryger [21]
2 years ago
8

If the cpi is 137 in year y, then it costs _______ in year y to buy the same market basket that cost _______ in the base period.

$37; $100 $137; $37 $100; $137 $137; $100
Business
1 answer:
Alexeev081 [22]2 years ago
6 0
D. $137; $100
The base year cost is $100. 37% of this is $37 so the total cost of the basket of goods is $137.
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The following labor standards have been established for a particular product:Standard labor hours per unit of output 4.3 hoursSt
Nat2105 [25]

Answer: 1. $690 (favorable)

2.  $9045 (favorable)

Explanation: These can be computed as follows :-

Labor rate variance = Actual labor cost - (standard rate * actual hours)

                                  =  $139,380 - ( $20.1 * 6900 hours )

                                  = $690 (favorable)

.

Labor efficiency variance = ( Actual hours - standard hours ) * (standard rate )

                                          = [6900 hours - (1500 units * 4.3 hours) ] * ($20.1)

                                          = $9045 (favorable)

7 0
3 years ago
The Phoenix Suns decide to increase their ticket prices for next season. We might expect revenue will rise due to the higher pri
vaieri [72.5K]

We might expect revenue will rise given that Phoenix is a large city.

<h3>What is a revenue?</h3>

This refers to the income generated from normal business operations which are calculated by average sales price * the number of units sold

Because Phoenix Suns decide to increase their ticket prices for next season, then, we might expect revenue will rise given that Phoenix is a large city.

Therefore, the Option B is correct.

Read more about revenue

<em>brainly.com/question/4618859</em>

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5 0
2 years ago
When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?.
Vlad1618 [11]

Answer:

the condition that has been reached is market equilibrium.

5 0
2 years ago
An investor is considering buying a restaurant that has been in operation for a number of years. The restaurant has a highly reg
Lemur [1.5K]

Answer:

B.

Explanation:

The investor should consider that they may find that the restaurant's financial statements undervalue the true value of its resources. If this were to be the case then the investor would have made a lot of money since they would have paid face value for the restaurant when in actuality it was massively undervalued and is worth a lot more, meaning he would make a large profit on his investment from the beginning.

8 0
2 years ago
In May, one of the processing departments at Messerli Corporation had beginning work in process inventory of $18,000 and ending
Evgen [1.6K]

Answer:

$170,000

Explanation:

The computation of the total cost to be accounted is shown below:

= Beginning work in process units + cost of units transferred out

= $18,000 + $152,000

= $170,000

In order to compute the total cost to be accounted we simply added the beginning work in process units and the cost of units transferred out so that the exact value could come

6 0
3 years ago
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