"Consumer Price Index" (CPI) measures the changes in the weighted average of prices of a market basket (consisting of consumer goods and services). It tells the cost of living for every consumer.

"Inflation" refers to the sustained increase of prices of goods and services while "deflation" refers to the sustained decrease of prices of goods and services.

In the situation above, the CPI is considered lower than before, thus deflation must have occurred during the second six-year period. It shows a negative inflation rate.

So, this explains the answer.

7 0

3 years ago

Handerson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direc

zavuch27 [327]

Answer:

Variable manufacturing overhead rate variance= $677.1 unfavorable

Explanation:

Giving the following information:

Standard:

Variable overhead 0.3 hours $ 7.80 per hour

Actual output 5,000 units

Actual direct labor-hours 1,110 hours

Actual variable overhead cost $ 9,340

To calculate the variable overhead rate variance, we need to use the following formula:

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 9,340/1,110= $8.41

Variable manufacturing overhead rate variance= (7.8 - 8.41)*1,110

Variable manufacturing overhead rate variance= $677.1 unfavorable

4 0

3 years ago

Last week john got a call from his contact eric at alpine telecomm in switzerland, one of his company's largest international cu

Mamont248 [21]

What John’s company should prepare to demonstrate is the best practices that they are engaging in managing how it impacts the environment as this is a way of complying or keep up with the top management request and when they undergo with the review.

7 0

4 years ago

Which of the following would be considered a DISADVANTAGE of the use of above-market compensation? A. It may encourage voluntary

-BARSIC- [3]

Answer:

E. It may encourage a sense of entitlement among employees.

Explanation:

Above the market, compensation in the form of wage strategy in which the organizations initiates high salaries to the employees. High salaries are provided to the employees to attract them and to retain them in the team. This is done to maintain the caliber of the group and for the smooth flow among the team members.

4 0

3 years ago