First you need what a economic growth is, Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.Growth is usually calculated in real terms- i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced. Measurement of economic growth uses national income accounting. The the charactersticts are that you make alot of money. I hope this helps!!
Making and keeping an agenda.
An agenda is a list or schedule of tasks and helps you focus on what needs to be accomplished and in what time frames.
Answer:
$90,000
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per hour = (High cost - low cost) ÷ (High machine hours - low machine hours)
= ($234,000 - $210,000) ÷ (24,000 hours -20,000 hours)
= $24,000 ÷ 4,000 hours
= $6
Now the fixed cost equal to
= High cost - (High machine hours × Variable cost per hour)
= $234,000 - (24000 hours × $6)
= $234,000 - $144,000
= $90,000
The high cost is computed below:
= 20,000 hours × $10.50
= $210,000
And, the low cost would be
= $24,000 hours × $9.75
= $234,000
The correct answer is : <span>grow to 10.8 billion</span>
Answer:
Variable overhead efficiency variance= $19,952 unfavorable
Explanation:
Giving the following information:
Standard hours per unit of output 5.2 hours
Standard variable overhead rate $11.60 per hour
Actual hours 2,500 hours
Actual output of 150 units
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 5.2*150= 780
Variable overhead efficiency variance= (780 - 2,500)*11.6
Variable overhead efficiency variance= $19,952 unfavorable
