The new price level after the increase in the money supply is 3.3. Therefore, the percentage increase in the money supply is 10%. The percentage change in the price level is 10%. Percentage change in the money supply is the same as the percentage change in the price level.
Answer: Document the risk and calculate the expected monetary value based on the probability and impact of the occurrences.
Explanation:
Risk response refers to the development of strategic options to reduce the threats and enhance opportunities to the objectives of the project.
It should be noted that when new risks are identified, such risks go through the process of risk management and one needs to be able to know the risk probability and risk impact and then get to curtail them.
Answer:
d. $55,600
Explanation:
Direct Labor = $34,000
Manufacturing Overhead Cost = $21,600
Conversion Cost = Direct Labor + Manufacturing Overhead Cost
Conversion Cost = $34,000 + $21,600
Conversion Cost = $55,600
So, the conversion costs during the month totaled $55,600.
Answer:
$10
Explanation:
Steve achieved a producer surplus of $10, which is commensurate with the value of the 6-pack of beer he received from his neighbor. This means he practically sold the old surfboard for $10.
Answer:
8 hours is required for both companies to cost the same
Explanation:
given data
company A materials and equipment = $220
company A labor = $45 per hour
company B materials and equipment = $300
company B labor = $35 per hour
to find out
how many hours of labor required
solution
total cost of company A = 220 + 45 h
total cost of company B = 300 + 35 h
so we can say
total cost of company A = total cost of company B
220 + 45 h = 300 + 35 h
h = 8
so 8 hours is required for both companies to cost the same