The value of general production for 2020 is worth the bottom year: unfastened, granulated white sugar sold in 33-eighty oz. packages, irrespective of packaging type. Excludes brown sugar and synthetic sweeteners."
Production is the procedure of making or manufacturing items and merchandise from uncooked materials or components. In other words, manufacturing takes inputs and makes use of them to create an output that is a match for intake – an awesome product that has a price to a given up-person or client.
Production is the manner of creating, harvesting, or creating something or the amount of something that was made or harvested. An example of production is the introduction of fixtures. An example of production is harvesting corn to consume. An instance of production is the quantity of corn produced.
There are three commonplace forms of fundamental production systems: the batch system, the non-stop gadget, and the assignment system. inside the batch gadget, popular-motive systems and strategies are used to provide small quantities of output (goods or services) with specs that change substantially from one batch to the following.
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Answer:
Interest rates represent the opportunity costs of investors. If the interest rates are too high, then the opportunity cost of making an investment increases, since the investor could simply decide to purchase Treasury Bonds, corporate bonds, or put the money on a CD. As interest rates increase, total output decreases since investment in new projects decreases.
On the other hand, if interest rates lower, the opportunity cost of investors decrease. Investors will be willing to invest in new projects instead of purchasing Treasury Bonds, corporate bonds, or put the money on a CD. As interest rates decrease, total output increases since investment in new projects increases.
Explanation:
Answer: D. Support department cost allocations should be incorporated into a product costing system.
Explanation:Support departments provide essential support services for producing departments and by this the support department costs are part of the total product costs and must be assigned to the products through cost allocation from support departments to producing departments.
All manufacturing costs, direct and indirect must be assigned to the products produced to meet GAAP requirements.
The cost allocation method to use can be: a single charging rate, dual charging rate or allocation of costs.
Answer:
D. by determining the percentage change in the price index from the preceding period.
Explanation:
Inflation rate -
Consumer price index , is the average of all the good's price .
Inflation is the overall increase in the value of the Consumer Price Index ( CPI ) .
Inflation rate , is the percentage increase in the vale of the CPI with respect to the previous year .
Hence , the correct statement for the inflation rate is option ( D. ) .
