Answer:
The correct answer is a. the range of variation.
Explanation:
The Range is the interval between the maximum value and the minimum value; Therefore, share units with the data. It allows to obtain an idea of the dispersion of the data, the greater the range, the more dispersed the data (without considering the affectation of the extreme values). The range is also called amplitude or travel.
Answer:
Milano Gallery Journal entry
Jan.1
Dr Copyright 270,000
Cr Cash 270,000
(To Record purchase of Copyright)
Dec.31
Dr Amortization Expense - Copyright 27,000
Cr Accumulated Amortization - Copyright 27,000
(To Record Copyright Amortization)
Amortization Expense of Copyright
= ($270,000 / 10years)
=$27,000
Explanation:
Since the copyright on oil painting on January 1 was 270,000 we have to debit copyright as $270,000 while credit cash as the same amount.
On Dec 31 the copyright of 270,000 also legally protects its owner for 10 more years which is why we divided 270,000 by 10 years making us to arrived at 27,000
Answer:
B. Able to bake delicious pies
Explanation:
All the other choices are stuff that you are born with but making a pie is a learned skill. You don't just come out of the womb cooking delicious pie!
Answer:
a comparison of the current price of a market basket to a fixed point of reference.
Explanation:
A price index measures how prices change over time. It is a measure of inflation. It compares the current price of a market basket to a fixed point of reference or a base point.
Inflation is a persistent rise in the general price levels
types of price indexes
1. Producer price index measures the goods and services produced. this would not increase because it is used cars that is being examined
2. The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Because the price of price of used cars and trucks in US has increased , the CPI would increase
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
Answer:
$1,498,750
Explanation:
The computation of total cost to be purchased is shown below:-
Materials purchased = Ending inventory + materials used - Beginning inventory
= (23,100 × 20% × 2.5) + (24,400 × 2.5) - 12,600
= 11,550 + 61,000 - 12,600
= 72,550 - 12,600
= 59,950
August purchase = Materials purchased × Cost per kilogram
= 59,950 × $25
= $1,498,750
Therefore for computing the august purchase we simply multiply material purchased with cost per kilogram.