Answer:
$29,760
Explanation:
Overhead application rate = 124% of direct labor cost
The required total labor costing = $24,000
Total overhead applied = Overhead application rate * $24,000
Total overhead applied = 124% * $24000
Total overhead applied = $29,760
Answer:
Company HD has a higher return on equity (ROE) than Company LD, and its risk as measured by the standard deviation of ROE is also higher than LD's.
Explanation:
Simply divide the percentage change in the quantity demand with the percentage change in price, giving you a positive value of 0.5. This shows that it is inelastic and the two goods are substitutes to each other.
Answer:
A. The interest rate is 4 percent.
B. The amount of money supplied is 200 bilion dollars and the equilibrium quantity demanded is 200 bilion dollars.
Explanation:
A. To answer this questions you use the table below. The first column is the interest rate. The second column is the quantity of money demanded as an asset at each rate. The third column is the quantity of money demanded for transactions, which is independent of the interested rate. The fourth column is the actual (total) quantity of money demanded at each interest rate, which is the sum of columms 1 and 2. The fifth column is the quantity of money supplied at each interest rate. You wil find the equilibrium interest rate by equating the quantity supplied with the quantity demanded, which occurs at the interest rate of 4 percent.
B. It also follows from the answer above that the equilibrium quantity of money supplied is 200 bilion dollars and the equilibrium quantity demanded is 200 bilion dollars. You can decompose the quantity demanded into its separate components, where the amount of money demanded for transactions is 150 billion dollars and the amount of money demanded as an asset is 50 billion dollars.
Answer
The answer and procedures of the exercise are attached in the image below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.