The economy is experiencing a recession combined with inflation. The self-corrected school would say the proper response is to <u>do nothing</u>.
The first aspect that happens at some point in a recession is the financial system slows down. This means that businesses are producing less, and consumer spending is down. This will cause layoffs, as corporations try to cut costs. during this time, there's a significant decline in the demand for items and offerings.
Inflation is the rate of increase in costs over a given period of time. Inflation is normally an extensive measure, along with the general boom in costs or the increase in the value of residing in a country.
Inflation is a measure of the rate of rising costs of goods and services in a financial system. Inflation can occur whilst fees rise due to increases in production expenses, which includes raw substances and wages. A surge in demand for services and products can reason inflation as purchasers are willing to pay more for the product.
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Answer:
Using the shortcut keys Alt+O+R+A
Using Home/Cells/Format/Auto Fit Row Height
Double-clicking the bottom of the row number box
Explanation:
The excess row height could be resulted, if you set a row height manually. It can be fixed by some shortcut, or using the functions available in the Tabs.
You can fix this by Entering a short key of Alt+O+R+A. It will automatically adjust you row height according to format and data in the specific row.
Use Pathway of Home/Cells/Format/Auto Fit Row Height to adjust the height of the row according to format and data in the specific row.
You can also adjust the row height by Double clicking the bottom of the number box of the row.
Answer:
There will be a difference in the income .
Absorption costing income will be lower as it transfers all the fixed costs to the ending inventory.
Variable costing income will be higher as it does not transfer the fixed costs to the ending inventory.
The difference will be of $ 104000
Explanation:
Increase in units 8000
Variable Fixed
Unit manufacturing costs of the period $24.00 $10.00
Unit operating expenses of the period 8.00 3.00
Total Unit Costs $ 32.00 $ 13.00
The net operating income under variable costing for the year will be $ 13* 8000= $ 104000 Lower than the net operating income under absorption costing. This is because the all fixed costs will be treated as period cost rather than product costs.
In variable costing the ending inventory will be $104000 lower than the ending inventory under absorption costing because the fixed costs will not be allocated to products.
Under variable costing, the units in the ending inventory will be costed at $32 each.Under absorption costing, the units in the ending inventory will be costed at $32+ $ 13= $ 45 each.
You'd have to think if you do buy your very cpmpanies office if you are going to be chrged or if it's going to be on a bill and also how much it will cost
Answer:
$280
Explanation:
Calculation to determine what The cost per equivalent unit of production for direct materials is
Cost per equivalent unit of production= Direct material costs ÷ direct material units
Cost per equivalent unit of production= $280,000 ÷ 1,000 units
Cost per equivalent unit of production= $280
Therefore The cost per equivalent unit of production for direct materials is $280
