With a 100 percent over the same period, change in real output is $0 million
With a 0 percent increase in price, the change in real output is $100 million.
What is the expected revenue based on 100% increase?
The expected revenue based on the 100% increase in price of mined gold is $200 million, which means that if the actual revenue is $200 million, then it means the real output change is $0.
However, if there was no 0% change in price of newly mined gold, then the real output change is the excess of the next year forecast sales revenue over the current year actual sales revenue which is $100 million($200 million-$100 million)
Find out more about percent change in sales on:brainly.com/question/15488277
#SPJ1
Full question:
Suppose that Glitter Gulch, a gold mining firm, increased its sales revenues on newly mined gold from $100 million to $200 million between one year and the next. Assuming that the price of gold increased by 100 percent over the same period, by what numerical amount did Glitter Gulch’s real output change? If the price of gold had not changed, what would have been the change in Glitter Gulch’s real output
Answer:
$96,154.20
Explanation:
We are to find the future value of the annuity
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
A = Amount
R = interest rate
N = number of years
[(1.08)^9 - 1 ] / 0.08 = 12.487558
12.487558 x $7,700 = $96,154.20
Answer:
C
Explanation:
more labor expense bringing in extras workers. Drives down the profits.
The answer is C, The method by which the business can be dissolved
The simplest way to explain what continuity factor is it's the assumption that a business organization will always able to operate.
But in the real world, businesses went down all the time, that's why the partners have to find out the method to dissolve the business if somehow the business goes under
Answer:
The correct answer is B.
Explanation:
Giving the following information:
The manufacturing of clear glasses takes 45,000 direct labor hours. The traditional method applies $560,000 of overhead based on direct labor hours.
We need to calculate the manufacturing overhead rate:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 560,000/(45,000 + 115,000)= $3.5 per direct labor hour
Now, we can allocate the overhead to clear glasses:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 3.5*45,000= $157,500
