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zvonat [6]
4 years ago
9

How does the consumer drive the economy?

Business
1 answer:
Juli2301 [7.4K]4 years ago
8 0

Answer:

The consumer drives the economy by spending money.  The more money they spend, the better the economy is.

Explanation:

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9) Given the following information, compute the total number of units for the period: Direct labor hours 12,000 Direct labor cos
pochemuha

Answer:

C) 640 units

Explanation:

Given that

Total manufacturing cost = $132,600

Per unit material cost = $75

Fixed overhead cost = $36,000

Variable overhead cost = 50% of total labor cost

The computation of total number of units is given below:-

Variable overhead cost

= 12,000 × $2.70 × 50%

= $16,200

Direct labor cost

= 12,000 × $2.70

= $32,400

Total Direct material cost = Total manufacturing cost - Variable overhead cost - Fixed overhead cost - Direct labor cost

= $132,600 - $16,200 - $36,000 - $32,400

= $48,000

Total number of units = Total Direct material cost ÷ Direct materials cost

= $48,000 ÷ $75

= 640 units

7 0
3 years ago
Calculate the present value of the following: a-1. Annual payment of $800 for 10 years at 5% interest. (Do not round intermediat
kipiarov [429]

Answer:

a-1 Present value = 6,177.39

a2- Present Value =6,227.79

a3- Choose the payment stream with the highest present value = a2

b1- Present Value=3,353.98

b2-Present Value=2,805.28

b3-Choose the payment stream with the highest present value = b1

Explanation:

a-1 describes an ordinary annuity whose present value is calculated as follows:

Present value =PMT*\frac{[1-(1+i)^-^n]}{i}

where PMT=$800; i= 5%, n= 10

Present value =800*\frac{[1-(1+0.05)^-^1^0]}{0.05} = 6,177.39

a2- Present value =600*\frac{[1-(1+0.05)^-^1^5]}{0.05} = 6,227.79

a3- If I were receiving these payments annually, I would prefer the payment stream with the highest present value ie a2 -Annual payment of $600 for 15 years at 5% interest.

b1- Present value =800*\frac{[1-(1+0.20)^-^1^0]}{0.20} = 3,353.98

b2-Present value =600*\frac{[1-(1+0.20)^-^1^5]}{0.20} =2,805.28

b3- f I were receiving these payments annually, I would prefer the payment stream with the highest present value ie b1- Annual payment of $800 for 10 years at 20% interest.

3 0
3 years ago
Jessica filled out her job application and is about to turn it in. In the “Position Applied for” box she wrote question marks, b
ankoles [38]
I think the correct answer from the choices listed above is option B. My suggestion for Jessica would be to ask <span>the manager what positions are available and list a specific position. Hope this answers the question. Have a nice day. </span>
4 0
3 years ago
Read 2 more answers
According to economists, when two people make the exactly opposite decision:
disa [49]

Answer:

b. each person evaluates the situation according to his/her individual self-interest.

Explanation:

This can be generally seen in ancient and modern form of economics where in the course of their works, they can end up countering themselves in the midst of a project.

Here, or in a case of such, a great part of economics deals and accommodates psychology an the both economics that have probably found themselves in the field are expected to evaluate the situation according to each others self interest; especially when knowing the risks, pros and negative effect of the activities that is been carried out.

Secondly, this model is a useful measurement device by which economic situations can be evaluated and also levels of competition that exist in real markets can be checked.

6 0
4 years ago
Analysts say visitors stay an average of how many seconds on any webpage?
Brilliant_brown [7]
The answer is D.10-20 seconds
3 0
3 years ago
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