A leftward shift in the long-run aggregate supply curve is most likely going to cause which of the following?

For what purpose are goods and services produced in a socialist economy

Inessa [10]

A socialist economy is a system of production where goods and services are produced directly for use in contrast to a capitalist economic system where goods and servives are produced to generate profit therefore which use socialism directly and solely for use. hope this helps??

4 0

4 years ago

A company estimates that overhead costs for the next year will be $8,320,000 for indirect labor and $155,500 for factory utiliti

Serhud [2]

Answer:

The company's plantwide overhead rate is 21.19%

Explanation:

given information:

indirect labor = $8,320,000

factory utilities = $155,500

machine hours = 400,000

to calculate the overhead rate, we can use the following formula

$overheadrate = \frac{Indirectcost}{allocationmeasure}$

in this case.

the indirect cost = indirect labor + factory utilities

= $8,320,000 + $155,500

= $8,475,500

allocation measure = 400,000

thus,

$overheadrate = \frac{8,475,500}{400,000}$

= 21.19%

7 0

4 years ago

Fees are never charged when depositing money into your checking account. True or False

Nat2105 [25]

Hi Brainiac! Thanks for asking a question here in the Business category. <span>
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The answer to this statement would be false. Fees do end up being changed and differed when the money is deposited by the debit card.

Answer: False ✅

Hope that helps! ★ If you have further questions about this question or need more help, feel free to comment below or post another question and send the link to me. -UnicornFudge aka Nadia

6 0

3 years ago

Read 2 more answers

Beachballs, Inc., expects abnormally high earnings for the next three years due to the forecast of unusually hot summers. After

NNADVOKAT [17]

Answer: $36.50

Explanation:

The price she will be willing to be paid according to the Dividend Discount model is calculated by finding the present value of the future dividends and the terminal value.

Dividend year 1 = 1 * (1 + 20%) = $1.20

Dividend year 2 = 1.20 * (1 + 20%) = $1.44

Dividend year 3 = 1.44 * (1 + 15%) = $1.656

Terminal value = Dividend in year 4 / (required return - growth rate)

= (1.656 * (1 + 6%)) / ( 10% - 6%)

= $43.884

$Price = \frac{1.2}{(1 + 0.10)} + \frac{1.44}{(1 + 0.10)^{2} } + \frac{1.656}{(1 + 0.10)^{3} } + \frac{43.884}{(1 + 0.10)^{3} }\\\\= 36.4959\\\\= 36.50$

= $36.50

6 0

3 years ago

Conrad, Incorporated recently lost a portion of its records in an office fire. The following information was salvaged from the a

Effectus [21]

The amount of direct materials used by Conrad, Incorporated is $29,940.

<h3>Calculating the cost of production:</h3>

The cost of goods manufactured is given as the beginning WIP plus direct labor, materials, and overhead costs, less ending WIP.

When the cost of goods manufactured is given, it is possible to compute any missing entry (e.g. the cost of direct materials) from the above equation.

<h3>Data and Calculaitons:</h3>

Work-in-Process Inventory, Beginning 12,900

Factory Overhead Applied 13,200

Direct labor = $19,800 ($13,200 x 1.5)

Work-in-Process Inventory, Ending 10,200

<h3>Computation of the Direct Materials Costs:</h3>

Debit Credit

Work-in-Process Inventory, Beginning $12,900

Factory Overhead Applied 13,200

Direct labor 19,800

Direct materials 29,940

Cost of Goods Manufactured $65,640

Work-in-Process Inventory, Ending 10,200

Totals $75,840 $75,840

Thus, the amount of direct materials used by Conrad, Incorporated is $29,940.

Learn more about computing the cost of production at brainly.com/question/14930678

#SPJ1

4 0

2 years ago