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3 years ago

What is the difference between supply and quantity supplied?

1 answer:

5 0

Supply is the amount of goods and services that sellers will sell at a different price over a given period of time while is the quantity of a commodity that producers are willing to sell at a particular price at a particular point of time.

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Depreciation is higher in earlier years and income is lower in the later years when using straight-line versus accelerated metho

atroni [7]

That statement is false

If you're using a straight line method, the amount of depreciation throughout the year will be determined using a single percentage equation.
Therefore, the amount of depreciation by using method will be exactly the same throughout the year, not like it mentioned on the statement above

7 0

3 years ago

If Avogadro's number of pennies is divided equally among the 321 million men, women, and children in the United States, how many

Elenna [48]

Answer:

money per person = $18.75 × $10^{12}$

ratio = 1.076 : 1

Explanation:

given data

people = 321 million

gross domestic product (GDP) = $17.419 trillion

solution

we know that Avogadro's no is = 6.02 × $10^{23}$

we get here each person receive dollar when avogadro no is divide people

total money = Avogadro's no pennies × $\frac{1}{100\ pennies}$ ...........1

total money = $6.02 × $10^{21}$

so money per person will be

money per person = $\frac{6.02*10^{21}}{321000000}$

money per person = $18.75 × $10^{12}$

and

when we compare it with GDP ratio will be

ratio = $\frac{amount\ per\ person}{GDP}$ ..............2

ratio = $\frac{18.75*10^{12}}{17.419.10^{12}}$

ratio = 1.076 : 1

3 0

3 years ago

Babe Ruth's 1931 salary was $80,000. Government statistics show a consumer price index of 15.2 for 1931 and 237 for 2015. Ruth's

grandymaker [24]

Answer:

Explanation:

Because she has work 84 years there and in 1931 her salary was less and after 84 the salary must be more

8 0

3 years ago

Majesty Productions accepted a $7,200, 120-day, 6% note from Swartz Studio on March 1. On the date the note matures, Swartz is u

weeeeeb [17]

Answer:

D. Debit Accounts Receivable $7,344; credit Interest Revenue $144; credit Notes Receivable $7,200.

Explanation:

Interest: $7,200 × .06 × 120/360 = $144

The entry that Majesty should record on the maturity date for this dishonored note is :

Debit Accounts Receivable $7,344

Credit Interest Revenue $144

Credit Notes Receivable $7,200.

5 0

4 years ago

Read 2 more answers

Calculating and using Dual Charging Rates

11Alexandr11 [23.1K]

Answer:

1. Calculate a variable rate for the Maintenance Department. Round your answer to the nearest cent. $ per maintenance hour Calculate the allocated fixed cost for each using department based on its budgeted peak month usage in maintenance hours.

variable rate = $1.30 per maintenance hour

Department Peak Number Allocated

of hours Fixed cost

Assembly (210/2,100) x $65,400 $6,540

Fabrication (1,050/2,100) x $65,400 $32,700

Packaging (840/2,100) x $65,400 $26,160

Total 2,100/2,100 $65,400

2. Use the two rates to assign the costs of the Maintenance Department to the user departments based on actual usage. Calculate the total amount charged for maintenance for the year.

Department Fixed costs Variable cost Total

Assembly $6,540 3,500 x $1.30 = $4,550 $11,090

Fabricating $32,700 7,000 x $1.30 = $9,100 $41,800

Packaging $26,160 10,000 x $1.30 = $13,000 $39,160

Total $65,400 $26,650 $92,050

3. What if the Assembly Department used 3,550 maintenance hours in the year? How much would have been charged out to the three departments?

Department Fixed costs Variable cost Total

Assembly $6,540 3,550 x $1.30 = $4,615 $11,155

Fabricating $32,700 7,000 x $1.30 = $9,100 $41,800

Packaging $26,160 10,000 x $1.30 = $13,000 $39,160

Total $65,400 $26,715 $92,115

6 0

4 years ago