When a pizza maker lists the price of a pizza as $10, this is an example of using money as a unit of account
<h3>What is a unit of account?</h3>
A unit of account is a standard numerical unit of money used for measuring goods and services.
According to the question, the price of the pizza is a unit of account because it was used to measure the price of the goods.
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Answer:
Bondware Inc.
FIFO Inventory Method:
Ending Inventory (60 units):
Absorption Costing = $66,000
Variable Costing = $56,400
Explanation:
a) Data and Calculations:
Unit Production Costs for March:
Direct materials $500
Variable overhead 440
Total variable cost $940
Fixed overhead 160
Total manufacturing
costs per unit $1,100
Calculation of Ending Units of Inventory:
Beginning units 100
Units produced = 500
Units sold = (540)
Ending units = 60
Beginning Inventory, 100 units:
Absorption costing value = $90,000
Variable costing value = $76,000
FIFO Inventory Method:
Ending Inventory:
Absorption Costing = 60 * $1,100 = $66,000
Variable Costing = 60 * $940 = $56,400
<span>If a person is self employed, they are responsible for paying their own taxes. There are tables available on line to calculate the amounts. They should be paid no less than quarterly. If the income is significant, an account should be set up, or they should be paid more frequently. There are fees for late payments.</span>
Answer: The change will be $400 billion.
Explanation: The marginal propensity to consume (MPC) is used to explain that increase in consumption is as a result of increase in income.
To calculate how much the equilibrium real GDP will change:
STEP1: CALCULATE THE MULTIPLIERS
multipliers = 1 ÷ (1 - MPC)
Where MPC = 0.
Therefore;
Multipliers = 1 ÷ (1 - 0.5) = 1 ÷ 0.5
Multipliers = 2
STEP 2: CALCULATE HOW MUCH THE EQUILIBRIUM REAL GDP WILL CHANGE;
Multipliers × change in consumption spending
2 × $200 billion = $400 billion
Equilibrium real GDP will change with $400 billion
Answer:1) Economy
2)The writing should be arranged on three subhead,prewriting,main writing and conclusion.
3) 15minutes
Explanation:in the first scenario, involves an intern,the cost to the customer,of the repair was not stated ,so the economy aspect wasn't addressed in the letter.
2) Business letters should follow a pattern,why,how and when.why tells the recipient the purpose if the letter while the How depicts how the writer intends to gather his thoughts on how to go about the writing.thus depend on the audience and the when is about when the to send the mail,it must be timely and must meet the requirements of the business.
3)The pre writing will take 15 minutes that is a quarter of an hour to put his thoughts together in writing.the pre writing is when the main ideas are pen down ,it is when the bulk of the work is done.every other aspect will depend on this stage
