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4 years ago

Macroeconomists are like scientists because they both:

Business

1 answer:

Masteriza [31]4 years ago

8 0

Answer: 1) collect data, develop hypotheses, and analyze the results.

Explanation:

Scientist are the professional who work in physical science or natural scientist field to gather information ,creates hypothesis for testing or experimentation to know about the actual outcome.

Macroeconomic is the field where overall economy is studied and analyzed to generate studied supposition .From created theory, evaluation of phenomena is done.

Other options are incorrect because unlimited usage of controlled experiment, relying on analyze data nd designing data are not the measure taken by scientist of macroeconomic field .Thus, the correct option is option (1).

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Sales totaled $1,242,300 for the year, variable selling and administrative expenses totaled $140,220, and fixed selling and admi

3241004551 [841]

Answer:

$105,260 lower than under absorption costing

Explanation:

The computation of the net operating income for the year is shown below;

Change in units in inventory is

= Units produced - Units sold

= 30,140 units - 24,600 units

= 5,540 units

Now the fixed overhead per unit is

= Fixed manufacturing overhead ÷ Units produced

= $572,660 ÷ 30,140

= $19 per unit

Now the total amount would be

= 5,540 units × $19 per unit

= $105,260

Since the units produced is more than the units sold that means the net income under absorption costing is more than the net income under variable costing

hence, $105,260 lower than under absorption costing

4 0

3 years ago

In Business studies. what the business owes the other is called what

goldenfox [79]

Answer:assets

Explanation:

7 0

3 years ago

Read 2 more answers

A depreciation of the u. S. Real exchange rate induces u. S. Consumers to buy:.

Galina-37 [17]

A depreciation of the u. S. Real exchange rate induces u. S. Consumers to buy more domestic goods and fewer foreign goods.

<h3>What is depreciation?</h3>

This is a term that is used to refer to the fall in the value of a currency. It is a fall in the currency of a country compared to that of other currencies.

At a time where there is a depreciation, people would want to buy more of the goods that are made in their country.

Read more on depreciation here:

brainly.com/question/25297296

8 0

2 years ago

Assuming the Fashion line is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the Fashio

horrorfan [7]

Answer:

A) Increase $137,500

Explanation:

Calculation for how will operating income be affected

CHANGE IN OPERATING INCOME

Sales Revenue (Additional) $850,000

(250 %* 340,000)

Less Variable expenses (Additional) ($587,500)

(250 % *$ 235,000)

Contribution Margin $ 262,500

($850,000-$587,500)

Less Fixed Expenses ($76,000)

($262,500-$76,000)

Operating Income $ 186,500

( $ 262,500-$76,000)

Less Previous Operating Income ($49,000)

Operating Income $137,500 Increase

($ 186,500-$49,000)

Therefore the operating income will increase by $137,500

7 0

3 years ago

The first year of operations for a company was Year 1. The net income for Year 1 was $20,200 and dividends of $12,100 were paid.

Mekhanik [1.2K]

Answer:

$37,200

Explanation:

The amount of retained earnings is calculated by using the formula below;

Amount of retained earnings = Net income - Dividends paid

In year 1, the amount of retained earnings

= $20,200 - $12,100

= $8,100

In year 2, the amount of retained earnings

= $34,200 - $5,100

= $29,100

Therefore, the amount of retained earnings at the end of year 2

= Amount of retained earnings for year 1 + Amount of retained earnings for year 2

= $8,100 + $29,100

= $37,200

8 0

3 years ago