Answer:
2%
Explanation:
The average inflation rate for most countries is 2%. It is considered to be a healthy inflation rate, as inflation (a commonly referred negative issue) is normal in certain limits. It is important for inflation to remain healthy, as a higher inflation rate may imply a future inflation crisis coming.
This rate takes in account the <em>consumer price inde</em>x, which represents the average value of a consumer basket of goods and services.
<span>Postsecondary education is an education beyond high school.</span>
An associate degree (or associate's degree<span>) is an undergraduate academic which usually last two years or more. A bachelor’s degree </span><span>lasts for three to seven years (depending on the institution and academic discipline).</span> A master's degree is the first level of graduate study which typically requires a year and one-half to two years of full-time study while a doctorate degree is the highest level of academic degree. All these degrees: associate degree bachelor’s degree, master’s degree, and doctoral degree require<span> graduation from high school.</span>
At which level will a manager use analytics to make decisions? All of the above. A manager will use analytics to make deisions at the operational, managerial and strategic level of management. Managers need to make sure they make their decisions based off of analytics and facts not just what they think is the right decision. By using analytics, they are able to back up their decisions and explain why those are the decisions that are being made.
Answer:
The answer is $91,000
Explanation:
Solution
Given that:
Net Operating Income as per Variable Costing = $93,400
Less: Fixed manufacturing overhead released from Inventory (2300*$1)= $2300
Net Operating Income as per Absorption costing = $91,000
Hence Net operating income in absorption costing is $ 91,000
The difference in Net operating Income which is under the variable costing technique & Absorption costing method is due to treatment of Fixed manufacturing overhead.
Difference can be reconcile using following below:
Criteria Operating Income higher in
Ending Inventory is higher than beginning Inventory Absorption costing
Ending Inventory is lesser than beginning Inventory Variable costing
So,
The inventory reduced by 2,300 units; implies that Ending inventory is lesser than Beginning Inventory, the Net operating income higher in Variable costing.