Answer: c. III only
Explanation:
The marginal propensity to consume (mpc) measures the proportion of a consumers income that is spent.
The marginal propensity to save (mps) measures the proportion of a consumers income that is saved.
It is usually assumed that disposable income is either saved or spent, so mps + mpc = 1
The multiplier is measured as : 1 / MPS or 1 / (1-MPC)
the MPC has a positive relationship with the multiplier.
The correct option is B, which is courage. According to Aristotle justice, courage, temperance, and so on are the virtues.
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Who is Aristotle?</h3>
Aristotle was an ancient Greek philosopher, who made important contributions to logic, criticism, rhetoric, physics, biology, psychology, mathematics, metaphysics, ethics, and politics.
Thus, According to Aristotle courage is a virtue. Aristotle was an ancient Greek philosopher, who made important contributions to logic, criticism, rhetoric, physics, biology, psychology, etc.
Learn more about Aristotle here:
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Barney appears to be very impressed by the candidate's non-verbal communication skills.
Answer:
Closing Inventory value is $3,485.
Explanation:
FIFO is the inventory costing method which assumes that the item purchased earlier will be sold first and the item purchases at last will be sold at last.
According to FIFO the inventory cost of McCarthy Company is as follow:
Date Description Price Unit Total Balance
October 1 Opening $200 8 $1,600 $1,600
October 2 Purchases $205 20 $4,100 $5,700
October 4 Sales $200 8 $1,600 $4,100
Sales $205 3 $615 $3,485
Closing Inventory value is $3,485.
Answer:
$258,530
Explanation:
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Years
Units to be produced 10400 9400 11400 12400 43600
labor hour per unit 0.25 0.25 0.25 0.25 0.25
Total hours required 2600 2350 2850 3100 10900
Variable overhead per unit 1.70 1.70 1.70 1.70 1.70
Total variable overhead 4420 3995 4845 5270 18530
Fixed overhead 84000 84000 84000 84000 336000
Total manufacturing overhead 88420 87995 88845 89270 354530
Less: Depreciation 24000 24000 24000 24000 96000
Cash disbursement for manufacturing overhead 64420 63995 64845 65270 258,530
Therefore the company’s total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole will be $258,530
