Answer:
a. $21
b. $1,890,000
Explanation:
a. The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated computer hours)
= $2,100,000 ÷ 100,000 hours
= $21
b. Now the applied overhead which equals to
= Actual computer hours × predetermined overhead rate
= 90,000 hours × $21
= $1,890,000
Answer:
Total Cost increase 5,253.4 unit
Explanation:
given data
weekly price a = $3.40 per gallon
ramp up weekly b = 35%
ramp up weekly upto x = $150( in hundred)
solution
we will use here the regression equation that is
Y = a + b x ...........................1
here Y is Total Cost and a is fixed cost and
b is rate of variability and x is level of activity
so here put value in equation 1 we get
Total Cost Y = 3.40 + 0.35 × ( 15,000)
Total Cost Y = 3.40 + 5,250
Total Cost increase 5,253.4 unit
Answer:
The correct answer is "Gross domestic product (GDP)"
Explanation:
The market value of all the final goods and services produced in a specific time period is called Gross Domestic Product GDP
Answer:
1) 6% , 2) 5% , 3) As inflation rate ise higher than expected inflation rate, real interest rate would be lower than expected real interest rate
Explanation:
Real Interest Rate is the interest rate, which accounts for the impact of inflation.
Real Interest Rate = Nominal Interest Rate - Inflation
1) 14% - 8% = 6%
2) 14% - 9% = 5%
3) In case of variation in expected & actual inflation rate
1 + nominal interest rate = (1 + real interest rate) (1 + expected inflation rate)
1 + 14% = (1 + r) (1 + 3%)
1.14 = (1 + r) (1.03)
1.14 = 1.03 + 1.03r
0.11 = 1.03r
r = 8.82 {If inflation is higher at 9%}
If inflation could have been at expected 3%, real interest rate could have been 14% - 3% = 11%.
So : As inflation rate turned out to be higher than expected inflation rate, real interest rate turned out to be lower than expected real interest rate
