Answer:
A. The Supply Curve shifts Right.
As American Producers are paying less in dollar terms, their costs of production will reduce. The reduction in Cost of Production will spur producers to produce even more because inputs are cheaper and more will be bought and processed and so the Supply will increase and shift the Supply Curve left.
B. Aggregate Demand Curve shifts Right.
As a result of more money being in the Economy, more people will want to lend out the excess cash they have to earn some interest on it. This will reduce the cost of borrowing and will therefore spur people to borrow more to be able to afford things they want. With the people having more money, they will buy more things therefore upping Demand. The Demand Curve will shift to the Right as a result.
C. Supply Curve shifts Left
Wages are an input into Production. Should they increase that would mean that the cost of Production has risen as well for Producers. They will respond by reducing the amount of goods they produce so as to maintain Profitability and reduce those costs. This will cut supply and shift the Supply Curve to the left.
D. Movement along Short Run Aggregate Demand Curve
Aggregate Demand Curve is constructed based on the demand of the Economy at different prices levels. Should the Price Level decrease it is simply a movement along the Aggregate Demand Curve.
Answer:
$2.58 per machine hour
Explanation:
The computation of the fabrication activity cost pool activity rate is
= ($461,000 × 15%) + ($123,000 × 15%) + ($207,000 × 20%) ÷ 50,000 machine hours
= ($69,150 + $18,450 + $41,400) ÷ 50,000 machine hours
= $2.58 per machine hour
Answer:
The correct answer is e. a. and b.
Explanation:
Capital assets are assets of a permanent nature used in the production of income, such as machinery, buildings, equipment, land, etc. It must be distinguished from inventory.
Painting is a capital asset, but it is also a personal use activity asset sold at a loss. The loss is not deductible.
You need conversion in this problem to solve it. Since you are already given of all the data, you just need to utilize the data to come up with the answer. You simply have to divide the equivalent units of a barrel with the U.S. barrels and further divide it with the equivalent gallons of U.S. barrel. You can get $2.24 ($94 / 31.5 / 1.33).<span> </span>
Will should be able to claim all of these deductions.
