Answer:
The correct answer is option c.
Explanation:
A consumer price index measures the change in the price level of weighted average of a basket of goods and services purchased by the consumers.
GDP deflator measures the change in the price of all domestically produced goods and services.
A change in the price of domestically produced industrial robots will be included in the GDP deflator as it includes the prices of all domestically produced goods and services.
But it will not be included in the CPI as the industrial robots are not purchased by consumers in households, they are not consumer goods.
Answer:
Contribution margin ratio= 0.42
Explanation:
Giving the following information:
Bryce Co. sales are $801,000
Variable costs are $465,100
Operating income is $287,000.
<u>To calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= (sales - variable cost) / sales
contribution margin ratio= (801,000 - 465,100) / 801,000
contribution margin ratio= 0.42
Answer:
d) a bond issued by the U.S. government
Explanation:
A bond issued by the US government will be expected to pay the lowest interest rate because the default risk is almost 0 with the US government which means that it is a risk free investment for the lender. The investor will be willing to lend money to US government at the lowest interest rate out of all the options because it is the safest investment therefore the investor's required rate of return is the lowest for US government.
Explanation:
The journal entry to close the books is
Cost of Goods sold A/c Dr $1,200
To Manufacturing Overhead A/c $1,200
(Being the under-applied overhead is recorded)
Since the jobs were undercosted, that means the overhead is applied under overhead so we debited the cost of goods sold account and credited the manufacturing overhead account. Both the items are recorded for $1,200
Answer:
The correct answer is Requirements.
Explanation:
The purpose of the requirements discipline is:
Establish and maintain an agreement with customers and other stakeholders about what the system should do.
Provide system developers with a good understanding of system requirements. Define the limits of the system (delimit it).
Provide a basis for planning the technical content of the iterations.
Provide a basis for estimating the cost and time to develop the system.
Define a user interface for the system, focusing on the needs and goals of the users.
To achieve these objectives, it is important, first of all, to understand the definition and scope of the problem that the system is trying to solve. Stakeholders are identified and stakeholder requests are obtained, gathered and analyzed.
From there, the work products of the requirements are developed to fully describe the system (what the system is going to do) in an effort that perceives all stakeholders, including customers and potential users, as important sources of information ( in addition to the system requirements).
