Answer:
a. Amount the government would have to increase spending according Economist A = $8 billion
b. Amount the government would have to increase spending according Economist B = $16 billion
Explanation:
a. Economist A
Since government spending multiplier is believed to be 8, this implies that the government has to spend an amount that when it is multiplied by 8 it will be equal to recessionary gap of $64 billion in order to close the output gap. This amount can be calculated as follows:
Amount the government would have to increase spending according Economist A = Amount of recessionary gap / Government spending multiplier according to Economist A = $64 billion / 8 = $8 billion
b. Economist B
Since government spending multiplier is believed to be 4, this implies that the government has to spend an amount that when it is multiplied by 4 it will be equal to recessionary gap of $64 billion in order to close the output gap. This amount can be calculated as follows:
Amount the government would have to increase spending according Economist B = Amount of recessionary gap / Government spending multiplier according to Economist B = $64 billion / 4 = $16 billion
They make their decisions based on the product
Answer:
d) $61,927
Explanation:
Base on the scenario been described in the question we can define Activity Based Costing is a way to calculate overhead by identifying activities and then allocating the costs of each activity to the products based on the usage of the activities.
The overhead cost assigned to Product V2 under activity-based costing is d) $61,927
Answer:
??? um sorry I only speak English so I don't know what your asking
Answer: The correct answer is "b. debit Cash and Accumulated Depreciation; credit Machinery, and Gain on Disposal".
Explanation: When a company exchanges machinery and receives a trade-in allowance greater than the book value, this transaction would be recorded with:
----------------------------------- . --------------------------------------------
Cash xxxx
Accumulated depreciation xxxx
Machinery xxxx
Gain on disposal xxxx
---------------------------------- . -----------------------------------------------
Cash is debited because the asset increase must be recorded, for the money entered for the sale.
The accumulated depreciation is debited to the fact that since the machinery leaves the estate, the account must be canceled.
Machinery is credited because when leaving the estate the account must be canceled.
"Gain on disposal" is credited as being an account of the positive result produced by the difference between the money received and the book value of the machinery.