Answer:
$1,282
Explanation:
beginning WIP = 100 units 25% complete, so EUP are 25 units
units started = 1,000
ending WIP = 200 units 50% complete, so EUP are 100 units
the company processed 75 EUP form beginning WIP (100 - 25) + 1,000 units started - 100 EUP in ending WIP (200 - 100), so total equivalent units for the month = 975
cost per EUP = $12,500 / 975 = $12.8205
ending WIP balance = 100 EUP x $12.8205 = $1,282.05 ≈ $1,282
Answer:
November 30
Explanation:
it's hard for me to explain it but basically sales are made whether the company receives the money or not
Answer:
Output will be lower
Explanation:
Supply shock is an economic event that occurs because of sudden changes in the supply of goods and services within an economy.
A negative supply shock will shift the SRAS to the left and it will increase the price of the good and decrease the quantity, the new equilibrium will be at lower output and higher inflation.
When the economy suffers a permanent negative supply shock, the supply may keep on increasing or decreasing rapidly.
If the central bank does not respond by changing the autonomous component of monetary policy, then the output will be lower.
This is because permanent supply shock will lead to higher prices which disrupts the production and hence the output falls.
