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OleMash [197]
3 years ago
6

Suppose nominal GDP in 2006 was $14460 billion. If the current year price index is 127. What was the real GDP for 2006 (in billi

on of dollars)? (Round your answer to the nearest whole number.)
Business
1 answer:
Musya8 [376]3 years ago
7 0

Answer:

$113.86 billion

Explanation:

Real GDP = nominal GDP/ price index

Real GDP =  $14460 billion / 127 = $113.86 billion

I hope my answer helps you

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Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
Lemur [1.5K]

Answer:

$ 44000

Explanation:

Given:

Actual overhead manufacturing cost, Ac = $ 352000

Actual direct labor hours, Ah = 56000

Estimated manufacturing overhead cost, Ec = $ 330000

Estimated direct labor hour, Eh = 60000

Now,

Predetermined Overhead Rate = Ec/Eh

on substituting the values in the above formula we get

= $ 330000/60000 = 5.5

also,

Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)

on substituting the values in the above formula we get

Underapplied Overhead = 352000 - (56000 × 5.5)

or

Underapplied Overhead = $ 44000

3 0
3 years ago
How do changes in the environment affect businesses and thus consumers?
fiasKO [112]

Answer:

If the environment changes then the businesses will make products you need in that environment so consumers will buy more of that product because they need it. For example, if it's summer you need new summer clothes so companies will start to make summer clothes so people will buy them instead of winter or fall clothes because of the environment. So businesses are getting money and the consumers are getting what they need or want.  

8 0
2 years ago
You are assigned to resolve a conflict between two departments of an organization. Both parties have equal power. Both parties a
Trava [24]

Answer:

The answer is d. Compromising

Explanation:

Compromising conflict style attempts to balance the needs of both or all sides in a conflict by encouraging everyone to give in on at least some points.

5 0
3 years ago
Atlantis Inc. is in need for funds for its expansion plan. It approaches Uni Bank with its business plan for financial assistanc
rewona [7]

When Atlantis Inc has Uni Bank source their expansion, they are using a D. external source of funding. An external source refers to something being funded outside of their direct business funds. They are using another company to fund their business expansion which overtime will be paid back to them.

7 0
4 years ago
Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $47000. If the b
LekaFEV [45]

Answer: $41,600

Explanation: The percentage of receivables method is used to evaluate the amount of bad debt the company can experience in future. Under this method, the bad debt expense is the difference between the ledger balance and the actual balance of bad debt expense.

In the given case, we can calculate it as follows :-

Bad debt expense = estimated uncollectible accounts - allowance

                                = $47,000 - $5,400

                                = $41,600

3 0
3 years ago
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