Answer: Option (d) is correct
If consumption increases, the AD curve will shift rightward, which will increase the price level.
Explanation:
If the consumption increases in an economy as a result there is a rightward shift in the aggregate demand curve. This shift in the aggregate demand curve lead to increase in the price level as well as in the output level.
Because there is more demand in the economy which gives an advantage for the producer to charge higher price.
Your insurance carrier might have to raise your rates to pay for the vehicle's damage or medical if a person involved needs it.
The normal procedure under the misstatement of age provision
in regard to the payment of the death claim is that the procedure would be
reduced based on the premium in which whatever it would have been if this has
been purchased at the age of fifty nine years old.
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Answer:
The length of time = 12 years
Explanation:
<em>The number of years the case would be determines the length time it takes the present value of annuity of 17,000 to equate the initial cost </em>
Initial cost = A× (1- (1+r)^(-n)/r =
A- 17,000, r- 13%, n - ?
So we will need to work out the value of " n"
100,000 = 17,000 × 1- 1.13^(-n)/0.133
100,000/17,000 =1- 1.13^(-n)/0.13
5.88235 ×0.13 = 1- 1.13^(-n)
n = 12
The number of years is approximately 12 years
The length of time = 12 years
Answer:
Results are below.
Explanation:
Giving the following information:
Predetermined overhead rate= $18.00 per direct labor-hour
Direct labor wage rate= $12.00 per hour.
Job A-500
Direct materials $220
Direct labor $60
<u>First, we need to calculate the direct labor hours:</u>
Direct labor hours= 60/12= 5
<u>Now, we can allocate overhead:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 18*5
Allocated MOH= $90
<u>Finally, the unit cost:</u>
<u></u>
Total cost= 220 + 60 + 90= $370
Unit cost= 370/60
Unit cost= $6.17
