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3 years ago

Which of the following might cause the inflation rate to spike up sharply?

Business

1 answer:

Novay_Z [31]3 years ago

7 0

Answer: Prices on world oil markets rise steeply due to war in the Middle East

Explanation:

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Prepare an income statement for the company for August For August, Royal Consulting and Mediation Practice (RCMP) worked 900 hou

LuckyWell [14K]

Answer:

Prepare an income statement for the company for August

Revenue (3000×$400) 1,200,000

<u>Less Cost of Sales</u>

Labour Cost for Consulting Staff (3000×$200) 600,000

Overheads 72,000

<u><em>Less</em></u> Over Applied Overheads 12,000 660,000

Gross Profit 540,000

Less Operating Expenses

Markerting and Administrative Costs 240,000

Net Income 300,000

Explanation:

Net Income = Sales - Cost of Sale - Operating Expenses

Cost of Sales in the case of RCMP involves the cost of providing a service for each of their clients.

4 0

3 years ago

How is the trading in the stocks of major corporations regulated?

Fofino [41]

By the SEC (Securities and Exchange Commission). This is a government organization that exists to regulate stock markets by setting up rules, policing activity, and punishing violators.

6 0

3 years ago

The way to do inventory on bottles of liquid is:

babunello [35]

The way to do inventory on bottles of liquid is count the bottles by the way they are positioned. See the bottles as if they are in a graph. Maybe a 5x9. then you know you have 45 bottles!

5 0

3 years ago

Rent control applies to about two-thirds of the private rental housing in New York City. Economic theory suggests that a below-e

sergey [27]

Answer:

<h2>A rent control set below the equilibrium price in the rental housing market leads to poor services and quality deterioration of many of the private rental units.Hence,in this case,the correct answer is the third option mentioned among the answer choices.</h2>

Explanation:

A rent control that is stipulated below the equilibrium price in the rental housing market essentially leads to the shortage of adequate rental units in the market as the market price or rent stipulated under the rent control is too low for the providers or landlords of the private rental units to offer adequate number of units as per the demand from the renters.A considerably low rent or rental prices of the existing rental units often entails poor maintenance of the rental units,unsatisfactory rental or housing services and deterioration in the interior quality and conditions of most of the rental units.Therefore,the existing renters or inhabitants might enjoy lower rental price or rent but often suffer from poor maintenance,low quality rental services and lack of adequate rental infrastructure inside the rental units.

3 0

3 years ago

The following amounts were selected from the production report of Chandon Corporation:

Volgvan

Answer:

correct option is C. $81,300

Explanation:

given data

Actual units in production = 42,000

Equivalent units (materials) = 42,000

Equivalent units (conversion) = 39,000

Cost per equivalent unit (materials) = $1.10

Cost per equivalent unit (conversion) = $0.90

solution

we get here Equivalent Cost for Material that is

Equivalent Cost for Material = 42000 × 1.1

Equivalent Cost for Material = 46200

and Equivalent Cost of Labor will be here as

Equivalent Cost of Labor = 39000 × 0.9

Equivalent Cost of Labor = 35100

so total cost of production will be

total cost of production = 46200 + 35100

total cost of production = $81300

so correct option is C. $81,300

4 0

3 years ago