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Anon25 [30]
3 years ago
7

For this question, assume that the expected rate of inflation is a function of the past year's inflation. Also, assume that the

unemployment rate has been equal to the natural rate of unemployment for a number of years. Given this information, we know that:
Business
1 answer:
olga_2 [115]3 years ago
4 0

Answer:

The inflation rate should remain the same or around the same.

Explanation:

Since almost 50 years ago, there has been a very steady relationship between the inflation rate and the unemployment rate in the US. When the inflation rate is lowering, the unemployment rate tends to increase, and vice versa.

In this case the unemployment rate is stable and has been stable for a number of years, so the inflation rate should remain the same as last year's.

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Goods in process inventory account of a manufacturing company that uses an overhead rate based on the direct labor cost has a 4,
mafiozo [28]

Answer:

Overhead absorption rate

= Overhead absorbed/Actual labour cost x 100

= $4,400/$800  x 100

= 550% of direct labour cost

Explanation:

Since the overhead absorbed is $4,400, there is need to divide the overhead absorbed by actual direct labour cost multiplied by 100. This gives the overhead application rate.

7 0
3 years ago
The wage rate is $10 per hour and the last worker hired by the firm increased output by 100 units. Computers rent for $100 per h
const2013 [10]

Answer:

To minimise cost, the firm should lay off worker and rent more computer as it give more output per dollar invested on it.  This reduce the fixed cost of the company drastically and increase the production of the company.  The marginal cost of production and marginal revenue are economic parameter, which help to determine the amount of output and price per unit of input that will maximise the profits. The point at which marginal revenue is equal to marginal cost maximise the profit.

5 0
3 years ago
The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for
zmey [24]

Answer:

$778460

Explanation:

Using the highlow method, we calculate the variable cost per unit,

  • VC / unit = 855460 - 651960 / 730000 - 545000  = $1.1per unit
  • The total fixed cost will be = 855460 - (1.1 * 730000) = $52460

The cost estimating equation will be,

  • Total cost at x number of unit = 1.1x + 52460

The cost of manufacturing supplies for the month of July will be,

  • Total cost (July) = 1.1(660000) + 52460   = $778460
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D. Because if your a employee and go in the lounge you can find stuff in the room
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Using _____ information will help you determine whether an industry is expected to increase employment.
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