Answer:
Option d (reduction in the rate of inflation) is the appropriate option.
Explanation:
- Disinflation seems to be a decline throughout the pace of price growth that happens traditionally throughout a recession because this availability of commodities exceeds the threshold value for themselves.
- Although unlike deflation, whenever consumer prices inevitably decline, disinflation income levels don't collapse, perhaps the inflation rate appears zero.
Some other choices being made aren't connected to the circumstance offered. So the answer above is the right one.
Answer:
Maintenance total cost: 325,000
Cost Allocated to Packagin from Maintenance 162,500
Explanation:
![\left[\begin{array}{ccccc}&Maintenance&Cafeteria&Assembly&Packaging\\Employees&4&&8&8\\Direct \: Cost&270,000&275,000&&\\Allocate C&55,000&-275,000&&\\Subtotal&325,000&&110,000&110,000\\Allocate M&-325,0004&-15,760&-162,500&-162,500\\Total&&&272,500&272,500\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%26Maintenance%26Cafeteria%26Assembly%26Packaging%5C%5CEmployees%264%26%268%268%5C%5CDirect%20%5C%3A%20Cost%26270%2C000%26275%2C000%26%26%5C%5CAllocate%20C%2655%2C000%26-275%2C000%26%26%5C%5CSubtotal%26325%2C000%26%26110%2C000%26110%2C000%5C%5CAllocate%20M%26-325%2C0004%26-15%2C760%26-162%2C500%26-162%2C500%5C%5CTotal%26%26%26272%2C500%26272%2C500%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We will divide the cafeteria cost by the sum of employees of the department and maintenance.
4+8+8 = 20
275,000/20 = 13,750
Then we multiply this by each department employees and add them to their cost.
Maintenance total cost after adding cafeteria is 325,000
Then we do the same, we divide this amount for the emplyees of the processsing department:
8 + 8 = 16
325,000/16 =20,325.5
Then we multiply by 8 employees: 162,500
Maintenance total cost: 325,000
Cost Allocated to Packagin from Maintenance: 162,500
Answer:
A company issued 60 shares of $100 par value common stock for $7,000 cash. The total amount of paid-in capital is: $6, 000
Explanation:
60 shares of $100 per value
therefore, the cost would be 60 X 100= $6,000
Answer and Explanation:
As per the data given in the question,
a)
1. FIFO inventory > LIFO inventory
(Because in case of LIFO recent purchases are considered in production first or sold first so the remaining inventory are old inventory which is less costlier.)
2. FIFO cost of goods sold < LIFO cost of goods sold
(Because in case of LIFO recent purchases are considered in production first which are expensive so the cost of production is greater than FIFO.)
3. FIFO net income > LIFO net income
(Because cost of production is less under FIFO and the value of closing inventory is high, therefore the net income is also high.)
4. FIFO income taxes > LIFO income taxes
(Since, income is high in FIFO, therefore the tax under FIFO will be higher.)
b)
Management would like prefer to use LIFO over FIFO in periods of rising prices because Income shown in the company's Tax return will be higher if we use FIFO rather than using LIFO.
Answer:
The correct answer is <em>corn and satellite radio.</em>
Explanation:
The price effect is the change in the quantity demanded of a good (or service) when its price is modified, while the rest of the variables remain constant (other prices, income or preferences among others).
When the price of a good changes, the conditions in which a particular consumption basket was chosen change. Given the above, the consumer will have to reevaluate his choice and will probably have to vary the quantity demanded of the goods that make up his shopping basket.
Thus, for example, if the price of one of the goods falls, the consumer sees his budgetary restriction modified and can look for a new optimum in a higher indifference curve. On the contrary, if the price of one of the goods increases, the budget line changes but now the consumer can only aspire to a lower indifference curve. In addition, given a price change, the relative prices of goods also change.
