In a Business Day survey of 13 economists, the consensus forecast was for the consumer price index (CPI) to have increased 6.3% year on year in June.
C.
The formula for unemployment rate is: Unemployment Rate = Number of Unemployed Persons / Labor Force. The labor force is the sum of unemployed and employed persons. By dividing the number of individuals whom are unemployed by labor force, you'll find the labor force participation, or unemployment rate
Answer:
d. $29,580.
Explanation:
Note: The data in the question are merged together and they are first sorted and separated as given in the attached file before the question is answered.
Cost individually incurred by Maintenance = $25,500
Share of Payroll Department cost = $20,400 * (15/75) = $4,080
Total Maintenance Cost = $25,500 + $4,080 = $29,580.
Therefore, he total cost of operating the Maintenance Department for the current period is d. $29,580.
<u>Solution and Explanation:</u>
The following journal entries will be passed in the books of accounts for the amoritzation and other necessary ones.
Jan 2 Patents 376950
Cash 376950
July 1 Franchise 547200
Cash 547200
Sep 1 Research and development expense 185500
Cash 185500
2
Dec 31 Amortization expense 97025
Patents 62825 = 376950 divided by 6
Franchise 34200 = (547200 divided by 8)* (6 divided by 12)
3 Patent 314125 = 376950 minus 62825
Franchise 513000 = 547200 minus 34200
Answer:
a. Command Economy
Explanation:
In a communist political system, the emphasis is on the general well being of society at large. Public needs and wants are prioritized over individuals' needs. In a communist political system, factors of production are owned by the public through the government.
A command economy is an example of the communist political system. In a command economy, the government makes all the economic decisions. It produces goods and services with public interests as the motive for engaging in economic activities. In command economies, serving the public is prioritized over profits.