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VikaD [51]
3 years ago
5

People decide to save 20 percent of their incomes. The value of the marginal propensity to consume is ________ and the value of

the spending multiplier is ________.
Business
1 answer:
DerKrebs [107]3 years ago
3 0

Answer: 0.8; 5

Explanation:

From the question, we are informed that people decide to save 20 percent of their incomes. We should note that the addition of the marginal prospensity to consume(MPC) and the marginal prospensity to save(MPS) will be equal to 1.

Therefore, the value of the marginal propensity to consume will be:

= 1 - 20%

= 1 - 0.2

= 0.8

The value of the spending multiplier will be calculated as:

= 1/MPS

= 1/0.2

= 5

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Woodland industries manufactures and sells custom-made windows. Its job costing system was designed using an activity-based cost
MaRussiya [10]

Answer:

Explanation:

a.

Direct materials 101,500

Direct labour (13,600 * 13) 176, 800

Materials handling (508 * 0.28) 142.24

Cutting and lathe work (508 * 12.32) 6258.56

Assembly and inspection (13,600 * 17.5) 238,000

Total manufacturing cost 522,700.8

Cost per unit produced = 522,700.8 / 3,050 =  

= 171.377 per unit.

b.

Predetermined overhead rate = Estimated overhead costs / Estimated Direct labour hours

(61,600 + 2,710,400 + 3,850,000) / 220,000

= 30.1 per direct labour hour

Direct materials 101,500

Direct labour (13,600 * 13) 176,800

Manufacturing overhead (13,600 * 30.1) 409,360

Total manufacturing cost 687,660

Cost per unit produced = 687,660/ 3,050

= 225.46 per unit.

3 0
3 years ago
An intelligent enterprise uses _________ to answer marketing questions, which leads to effective marketing decision.
Semenov [28]

Answer:

Observational

Explanation:

hope it helps brainliest pls

3 0
2 years ago
If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would b
rosijanka [135]

Answer:

The answer is D. Income statement

Explanation:

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2 years ago
Cash receipts should be deposited on the day of receipt or the following business day. What is the most appropriate audit proced
BartSMP [9]

Answer:

The correct answer to the following question is option C) compare the daily cash receipts totals with the bank deposits.

Explanation:

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2 years ago
At December 3 2018, Waco Travel Agency has an Accounts Receivable balance of $93,000. Allowance for Uncollectible Accounts has a
Alexxandr [17]

Answer:

                          Waco Travel Agency

                              Journal entry

Date           Account and explanation                Debit        Credit

Dec 31 Bad debt expense (800,000 * 1%)       $8,000

              Allowance for uncollectible accounts                $8,000

           (To record uncollectible account expense)  

                           Waco Travel Agency

                                  Balance Sheet

<u><em>Current assets</em></u>

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Less: Allowance for uncollectible account <u>($8,870) </u>---- ($8,000 + $870)

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7 0
3 years ago
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