Answer:
The shift from AD1 to AD2 represents the total change in aggregate demand. If government purchases increased by $50 billion, then the distance from point A to point B would be greater than $50 billion.
Explanation:
Basically, aggregate demand can suffer two types of movements: displacements or changes in the slope. We are assuming a straight slope, but we could well analyze the case of an aggregate demand that is not straight.
DISPLACEMENTS
They are produced by changes in autonomous consumption. Changes in autonomous consumption may be due to changes in:
- Income distribution
- Access to credit
- Expectations
- Population changes
- Changes in relative prices between goods that belong to autonomous consumption (some foods) and goods that do not belong to autonomous consumption
CHANGES IN THE PENDING
They are produced by changes in the marginal rate to be consumed. Changes in the marginal rate to be consumed may occur due to:
- Changes in the utility function: they can change the preference for savings.
- Changes in income distribution
- Changes in the interest rate
Answer:
$6,150
Explanation:
Calculation to determine what The total profit on units sold for the consignor is
Total profit=[ (20)×($820 - $320 )] - (20 × $820)(.05) - $1,710 - $570 - $750
Total profit=(20*$500)-($16,400*.05)-$1,710-$570-750
Total profit=$10,000-$820-$1,710-$570-750
Total profit=$6,150
Therefore The total profit on units sold for the consignor is $6,150
Answer:
The investment advisory firm which employs the investment adviser representative (IAR).
Explanation:
FINRA's rules specifically state that before any transaction, the IAR must have a signed power of attorney. The IAR cannot start trading or operating with the client's money until he/she has received a signed written power of attorney from the client. Only after the signed power of attorney has been given tot eh IAR, can he/she act on discretionary basis.
If the IAR is not a registered broker-dealer, then NASAA rules state that oral agreements are valid for up to 10 business days, but the IAR must have a written authorization after that time expires. I.e. the IAR could buy the stocks, but he/she was not authorized to sell them. So any loss is responsibility of the firm that employs the IAR.
Answer:
According to the flexible budget, income from operations will increase from $557,000 to $915,000 if the units sold increase from 15,000 to 18,000 during 2017.
Explanation:
sales revenue should increase to $4,050,000
cost of goods sold should increase to: ($2,237,000)
- direct materials $1,260,000
- direct labor $180,000
- machinery repairs $54,000
- depreciation (fixed) $315,000
- utilities $228,000
- management salaries $200,000
gross profit $1,813,000
S&A expenses increase to: ($898,000)
- packaging $72,000
- shipping $108,000
- sales salaries (fixed) $260,000
- advertising expense (fixed) $127,000
- adm. salaries (fixed) $241,000
- entertainment (fixed) $90,000
income from operations $915,000
Answer:
Debit : Work In Process Account and Credit : Salaries and Wages Payable Account
Explanation:
All manufacturing costs are accounted for in a Work in Process Account during manufacture. Therefore Debit the Work In Process Account to show accumulation of the manufacturing costs and Credit the Salaries and Wages Payable Account to show the utilization of labor.