Which one of the following statements concerning interest rates is correct?

Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses

Airida [17]

Answer:

Explanation:

Hi, I have attached the full question as images below

Total Product Cost = ($70,000 + $35,500 + $43,700) ÷ 1,000 = $149.20

Total Period Cost = $30,600 + $29,300 = $59,900

Total Direct Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,900

Total Indirect Manufacturing Cost = $28,300

Total Manufacturing Cost = $70,000 + $35,500 + $43,700 = $149,200

Total Non Manufacturing Cost = $30,600 + $29,300 = $59,900

Total Conversion Cost = $35,500 + $43,700 = $79,200

Total Prime Cost = $70,000 + $35,500 = $105,500

Total Variable Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,000

Total Fixed Costs = $25,200 + $18,400 + $28,300 = $71,900

Variable Cost per unit = ($70,000 + $35,500 + $15,400 + $12,200 + $4,100) ÷ 1000 = $137.20

Incremental manufacturing cost = ($70,000 + $35,500 + $15,400) ÷ 1,000 = $120.90

5 0

3 years ago

Suppose the median household earned $9,242 in 1976 and $52,624 in 2016. During that time, also suppose the CPI rose from 45.6 to

Mekhanik [1.2K]

Answer:

a) 469.40%

b) 18.15%

Explanation:

a)

Total nominal growth rate = $(\frac{\textup{Earned income in 2016}}{\textup{Earned income in 1976}}-1)\times100\%$

thus,

Total nominal growth rate = $(\frac{\textup{52,624}}{\textup{9,242}}-1)\times100\%$

= 469.40%

b) Total real growth rate = $(\frac{\textup{Real earned income in 2016}}{\textup{Real earned income in 1976}}-1)\times100\%$

now,

Real earned income in 1976 = $\frac{\textup{Earned income in 1976}}{\textup{CPI in 1976}}$

= $\frac{\textup{9,242}}{\textup{45.6}\%}$

= $20,267.54

and,

Real earned income in 2016 = $\frac{\textup{Earned income in 2016}}{\textup{CPI in 2016}}$

= $\frac{\textup{52,624}}{\textup{219.75}\%}$

= $23,947.21

Therefore,

Total real growth rate = $(\frac{\textup{23,947.21 }}{\textup{20,267.54 }}-1)\times100\%$

= 18.15%

4 0

3 years ago

Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most bal

Paladinen [302]

Answer:

1. The GDP deflator for this year is calculated by dividing the value of all goods and services produced in the economy this year using this year's prices by the value of all goods and services produced in the economy this year using the base year's prices and multiplying by 100.

This is why the formula for the GDP deflator is = GDP by year n prices/ GDP by base year prices.

2. However, the CPI reflects only the prices of all goods and services bought by consumers. 

3. Which does an increase in the price of a Chinese-made car that is popular among U.S. consumers show up in? - B) CPI

The Chinese-made car is not made in the US and is included in the basket of goods consumers buy which is used to calculate calculate CPI.

4. Which does a decrease in the price of a Treewood Equipment feller buncher, which is a commercial forestry machine that cuts and stacks trees show up in? - A) GDP Deflator

This is not part of the goods in the basket and it is assumed to be made domestically so it is part of the GDP Deflator.

4 0

3 years ago

Consider the following statements regarding Company A and Company B:The two companies have identical operating results but have

Natalija [7]

Answer:

A. A only

Explanation:

U.S. Generally Accepted Accounting Principles (GAAP) does not allow property, plant, and equipment to be written up or revalued. If the fair value of PP&E falls below the book value and the amount is material then a company must write down the asset to fair value.

Since under US GAAP, once PPE is written, it can not be reversed. as Company B is indicated to have reversed the write down while company A did not. It therefore means that Company A only is reporting under US GAAP.

7 0

4 years ago

What three colors are used to create the color white on a tv or computer screen?

vivado [14]

Red yellow and blue because when they are all moved at a high speed they combine to make white

8 0

4 years ago

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