Answer:
Total number of years = 35
a. Expected cost in 2017 = $25 * e^(35*0.16)
Expected cost in 2017 = $25 * e^5.6
Expected cost in 2017 = $25 * 270.42
Expected cost in 2017 = $6,760.50
b. If the average cost of a textbook in 2012 was $150, then the actual inflation rate:
150 = 25 * e^(r*t)
150 = 25 * e^(r*30)
6 = e^(r*30)
Taking log base e on both side
30r = Ln6
30r = 1.7918
r = 1.7918/30
r = 0.05972667
r = 5.97%
So, actual inflation rate is 5.97%
Answer:
Results are below.
Explanation:
<u>The absorption costing method includes all costs related to production, both fixed and variable. </u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>
<u>Absorption costing:</u>
<u />
Unitary fixed overhead= 940,000/23,000= $40.87
Unitary production cost= 180 + 340 + 51 +40.87
Unitary production cost= $610.87
<u>Variable costing:</u>
Unitary production cost= 180 + 340 + 51
Unitary production cost=$571
Answer: Nothing, I just want it all if I would remove something I would of tell you. But I don’t. :)
Explanation:
Solution:
A) Nominal GDP Growth was:
($11500000.00 - $10000000.00) ÷ $10000000.00 = 0.15 = 15%
B) Economic growth: 15% - 3.00% - 3.25% = 8.75%
C) Inflation: The %Δ price level is also known as inflation. So, in this case, inflation is 3.00%.
D) Real GDP growth : 15% - 3.00% = 12%
E) Per capita GDP growth: 15% - 3.25% = 11.75%
F) Real per capita GDP growth: 15% - 3.00% - 3.25% = 8.75%
Answer:
A. Workers are trained to do all or most of the jobs in the unit
Explanation:
A self-managed team is a group of employees that's responsible and accountable for all or most aspects of producing a product or delivering a service. Traditional organizational structures assign tasks to employees depending on their specialist skills or the functional department within which they work