Answer:
Paasche's Index= 168.63= 169
Step-by-step explanation:
<em><u>Products</u></em>
<em><u>Base-Period Current Period</u></em>
Quantities Mean Shipping Quantities Mean Shipping
(Year 1) Cost per Unit ($) (Year 5) Cost per Unit ($)
A 1,500 10.50 4000 15.90
B 5,000 16.25 3000 33.00
C 6,500 12.20 8000 18.40
D 2,500 20.00 3000 35.50
Paasche's Index= ∑ pn.qn/∑po.qn* 100
Where pn is the price of the current year and qn is the quantity of the current year and po. is the price of the base year and qo. is the quantity of the base year.
Paasche's Index is the percentage ratio of the aggregate of given period prices weighted by the quantities sold or consumed in the given period to the aggregate of the base period prices weighted by the given period quantities.
Multiplying the current year prices with the current year quantities and the base year price with the current year quantities we get.
Product pn.qn po.qn
A 15.90* 4000 10.50* 4000
= 63600 =42000
B 33.00*3000 16.25 * 3000
= 99000 = 48750
C 18.40* 8000 12.20 *8000
=147200 =97600
D 35.50* 3000 20.00*3000
<u> =</u><u>106500 60,000 </u><u> </u>
<u>∑ 416300 248350 </u>
<u />
Paasche's Index= ∑ pn.qn/∑po.qn= <u> </u>416300/ 248350 *100 = 1.676=1.68= 168.63= 169
<u />
Answer:
E. 18 children are buying their lunches
F. Rock must pay $50 each month
Step-by-step explanation:
E.
To find a percentage you multiply the number by the percentage;
60 x 70%(0.70) = 42 children brought their lunches
But we need the amount <u>buying</u> their lunches so we would subtract 60 by 42;
60 - 42 = 18 buying their lunches
F.
Again, to find the percentage we multiply it by the original;
$800 x $25(0.25) = $200 Rock paid for the down payment on the sofa
Now we need to find how much Rock still needs to pay for the sofa;
$800 - $200 = $600 more needed to pay for the sofa
Lastly, we must find how much Rock will need to pay <u>each month</u> to pay the rest of the $600. There are 12 months in a year, so we divide that by the amount left;
$600 / 12 = $50 needs to be paid each month for a year
Answer:200 in ^3
Step-by-step explanation:
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