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BartSMP [9]
3 years ago
14

Suppose that in 1984 the total output in a single good economy was 12,000 buckets of chicken. Also assume that in 1984 each buck

et of chicken was priced at $16. Finally assume that in 2005 the price per bucket of chicken was $20 and that 26,000 buckets were produced. What was the GDP price index for 1984 using 2005 as the base year?
Business
1 answer:
xxMikexx [17]3 years ago
6 0

Answer:

The GDP price index for 1984 using 2005 as the base year was 80%

Explanation:

The GDP price index:

X/100 = $16/$20

X = 80%

Therefore, The GDP price index for 1984 using 2005 as the base year was 80%

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Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incu
salantis [7]

Answer:

160%

Explanation:

From the question above Cosi company is expected to incur $800,000 of overhead during the next period.

They are also expected to use 50,000 labor hours at a cost of $10 per hour

The first step is to find the estimated direct labor costs

= 50,000 × $10

= $500,000

Estimated direct labor cost= $500,000

The next step is to find the estimated overhead rate

Estimated overhead rate= Estimated overhead/Estimated direct labor costs

= 800,000/500,000

= 1.6 × 100

= 160%

Hence the predetermined overhead rate for Cosi company is 160%

5 0
3 years ago
Because customers participate directly in the service process, the success of technological innovation is dependent upon:
miss Akunina [59]
<span>Because customers often participate directly when it comes to the service process, the success of any technological innovation is highly dependent on customer acceptance. This means that if the customers don't like the product or something about it, a technological innovation will not find a place in the main stream and will be unable to succeed.</span>
5 0
4 years ago
Lynn has hired two new employees for her team, Jacques and Bailey. Jacques is outgoing and physically attractive, while Bailey i
saw5 [17]

Answer:

The answer is True.

Explanation: The Halo Effect is the phenomenon whereby one's positive attributes leads to a cognitive bias in which our overall impression of the person is influenced. And this is reflected in how we feel and think about their character.

For instance, if a person nice, this may impact your evaluations of that person's intelligence and you may think the person is also smart.

In the scenario presented above, Lynn is experiencing the Halo Effect because she thinks because Jacques is outgoing and physically attractive, then he would also be good at his job and even outperform Bailey.

6 0
3 years ago
True or False. Your employer is responsible to make contributions, on your behalf, to the Federal Insurance Contributions Act (F
slavikrds [6]

Answer:

True

Explanation:

Plz mark brainliest thxxx :) hope it helps

5 0
3 years ago
Read 2 more answers
Clemeson Corporation, which has only one product, has provided the following data concerning its most recent month of operations
blsea [12.9K]

Answer:

$149,600

Explanation:

Variable cost per unit = 36+57+3+5 =  

Variable cost per unit = $101

Contribution margin per unit = 145 - 101

Contribution margin per unit = $44 per unit

Total contribution margin = 3,400 * $44

Total contribution margin = $149,600

8 0
4 years ago
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