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Triss [41]
3 years ago
13

Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most bal

anced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the consumer price index (CPI) and the GDP deflator.
The GDP deflator for this year is calculated by dividing the _______ using _______ by the _______ using _______ and multiplying by 100. However, the CPI reflects only the prices of all goods and services _______.
Business
1 answer:
dlinn [17]3 years ago
5 0

Answer:

Explanation:

The GDP deflator for this year is calculated by dividing the value of all goods and services produced in the economy this year using this year's price by the value of all goods and services in the economy this year using base price year's and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by the consumers.

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what is the most appropriate closing for a business letter? a. your friend, b. sincerely, c. anxiously, d. take care,
lesya692 [45]
"Sincerely" is definitely the most appropriate closing doe a business letter. The other choices are too chummy.
5 0
3 years ago
Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that
FinnZ [79.3K]

Answer:

1.Total Equivalent Units   Materials    471,600  Conversion     464,400

2. Cost Per Equivalent Unit Materials $ 1.33  Conversion   $ 0.75

3. Cost of Ending Work In Process  $ 39528

4. Cost Of Units Transferred Out = $ 936,000

5. Cost Materials  $ 627 228 and Conversion $348,300

Explanation:

Builder Products, Inc.,

Weighted-Average Method

1. Equivalent Units

Particulars              Units       % of Completion       Equivalent Units

                                       Materials Conversion   Materials Conversion

Transferred Out    450000     100         100             450,000      450,000

<u>Ending WIP           36000        60          40                21,600          14,400  </u>

<u>Total Equivalent Units                                              471,600       464,400</u>

Transferred Out units are calculated by adding Opening Inventory and production started and subtracting ending inventory units.

Transferred Out units = Opening Inventory+ production started -ending inventory units

Transferred Out units =76,000 + 410,00 - 36000= 450000 units.

2. Cost Per Equivalent Units

                                                     Materials         Conversion

Cost Of Opening Inventory         117,900                 53600

Cost Added                                  613,080              294,700

Total Costs                                <u>  624,980               348,300</u>

Equivalent Units                         471,600                464,400

Cost per Equivalent Unit            624980/471600        348300/464400

                                                      $ 1.33                           $ 0.75

3. Cost of Ending Work In Process  $ 39528

Materials = 21600 * $ 1.33= $ 28728

Conversion = 14400 * $ 0.75=  $10800

We multiply the equivalent number of units with the cost per unit to find the cost.

4. Cost Of Units Transferred Out = $ 936,000

Materials = 450 000 * $ 1.33= $ 598,500

Conversion = 450000 * $ 0.75 =  $ 337,500

5. A Cost Reconciliation Report

                                      Materials              Conversion

Ending WIP                     $ 28728                  $10800

<u>Transferred Out                $ 598,500             $ 337,500</u>

<u>Total                                </u><em><u> 627 228**</u></em><u>                 348,300</u>

These calculated costs reconcile with the costs given in the above data.

                                                   Materials              Conversion

Cost Of Opening Inventory         117,900                 53600

<u>Cost Added                                  613,080              294,700</u>

Total Costs                                <u>  </u><em><u>624,980**  </u></em><u>             348,300</u>

The difference is in the cost of materials which is actually <u> </u><em><u>624,980** and we found it out to be </u></em><u> </u><em><u> 627 228**</u></em><u>  .</u> This is because we rounded the Cost per Equivalent Unit of material from $ 1.325 to $1.33

If we multiply 1.325 *  471,600  we get $ 624870 which is almost the same.

5 0
3 years ago
Suppose the production of solar powered lawn mowers is characterized by the production function Q = LE, where Q represents the n
RoseWind [281]

Answer:

110 labor and 1100 energy

Cost of 2,200 dollars

Explanation:

Q = L x E

Cost = 10 L + E

We use Excel solver tool to get this

    A            B               C      

1                Labor Energy  

2 Quantity     110          1100

3 Cost             10               1

4 output    121,000  (B2 * C2)

5 cost           2,200 (B2*B3 + C2*C3)

we want to minimize B5 (cost)

changing the quantities (b2:c2)

with the constrain that output b4= 121,000

7 0
3 years ago
When a company issues 39,000 shares of $3 par value common stock for $30 per share, the journal entry for this issuance would in
geniusboy [140]

The journal entry for this issuance would include is $ 10,53,000.00.

A magazine entry consists of the acquisition of machinery with the aid of the country wherein the equipment account could be debited, and the coins account may be credited.

A magazine access is a report of the enterprise transactions inside the accounting books of a enterprise. A well documented magazine entry consists of the best date, amounts to be debited and credited, description of the transaction and a completely unique reference wide variety. A magazine access is the first step within the accounting cycle.

                                                              Debit                                Credit

Number of shares = $ 39,000

cost of per shares = $3

total cash of shares = $ 117000          117000

Common stock ( 39000 * 3 )                                                        117000.00

Paid in capital  ( 39000  shares * 27)                                         10,53,000.00

(To record the issuance of shares at a premium of $ 27)

Learn more about  journal entry here:- brainly.com/question/14279491

#SPJ4

5 0
1 year ago
What are some next generation hotel technology applications?
BaLLatris [955]

Answer:

i think smart room key am i right

7 0
2 years ago
Read 2 more answers
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