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3 years ago

Why is gasoline weighted more heavily than tomatoes in a calculation of the annual inflation rate in the United States

Business

2 answers:

Nana76 [90]3 years ago

6 0

Just took the test it is

D). Americans spend more money on gasoline than tomatoes, on average.

Hope that helps any one else!!!!

likoan [24]3 years ago

4 0

One of the most probable reason is because compared to tomatoes, gasoline more of a kind of product that traded within international borders from US' perspectives. This kind of products will be exposed to more factors that could influence the annual inflation rate.

hope this helps

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Making decisions and taking actions to achieve a superior fit between the organization and its environment is.

MaRussiya [10]

Answer:

Making decisions and taking actions to achieve a superior fit between the organization and its environment is. strategic management

What is strategic management?

a process that uses vision, goals and objectives, internal, and external analysis, and implementation levers that can be used to help formulate and implement strategy.

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2 years ago

An active worker receives $500 every two weeks. This kind of monetary reward for work is called ______.

Vladimir79 [104]

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3 years ago

Read 2 more answers

Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The

eimsori [14]

Questions

Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product X Product Y Total Allocated joint processing costs $22,400 $19,600 $42,000 Sales value at split-off point $32,000 $28,000 $60,000 Costs of further processing $11,600 $25,300 $36,900 Sales value after further processing $44,800 $53,200 $98,000 Required: (a) What is the net monetary advantage (disadvantage) of processing Product X beyond the split-off point?

Answer:

Net advantage from further processing $1,200 

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all the joint costs incurred up to the split-off point are irrelevant to the decision to process further any of the .

Net monetary advantage of product X

Sales revenue after the split-off point 44,800

Sales revenue at the split-off point (32,000)

Additional sales revenue 12,800

Further processing cost (11,600)

Net advantage from further processing 1,200

Net advantage from further processing $1,200 

4 0

3 years ago

Twenty years ago, you began investing $250 a month. because your investments earned an average of 8 percent a year, your investm

DaniilM [7]

You invest $250/mo. over 12 months that equals $3,000 invested per year.
$250*12=$3,000/per year invested
$3,000 per year for 20 years equals $60,000 invested.
$3,000*20=$60,000 invested
8% of $60,000 is $4,800/per year.
0.08*$60,000=$4,800
$4,800 per year for 20 years equals $96,000 dollars earned on investments over 20 years.

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3 years ago

Read 2 more answers

An outside supplier has offered to provide the annual requirement of 7,200 of the parts for only $13 each. The company estimates

schepotkina [342]

Super corporation produces a part in the manufactures of its product. The unit cost is $21 computed as follows:

An outside supplier has offered to provide the annual requirement of 7,200 of the parts for only $13 each. The company estimates that 60% of the fixed manufacturing overhead cost above could be eliminated if the parts are purchased from the outside supplier. Assume that direct labor is an avoidable cost in this decision. Based on these data, the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:

Direct material 6

Direct labour 8

Variable manufacturing overhead 2

Fixed manufacturing overhead 5

Total cost 21

Answer:

Total financial advantage of buying from the supplier $43,200

Explanation:

Unit relevant variable cost of making= 6+8 +2 = 16

Variable cost of making ( 16× 7200) = 115,200

Variable of buying (13 ×7200) 93,600

Savings in variable cost 21,600

Savings in fixed cost (60%*72300 × 5) 21600

Total savings from buying 43,200

Total financial advantage of buying from the supplier $43,200

3 0

3 years ago