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White raven [17]
3 years ago
10

The CPI is based on an: Multiple Choice average of the goods and services purchased by "urban consumers." average of the goods a

nd services purchased by "rural consumers." average of the two baskets of goods and services purchased both by "urban" and by "rural" consumers. aggregated average meant to reflect the statistical average consumption.
Business
1 answer:
lisabon 2012 [21]3 years ago
4 0

Answer:

average of the goods and services purchased by "urban consumers."

Explanation:

The US Bureau of Labor Statistics determines the CPI by calculating the weighted average of a basket of goods. More than 24,000 people are interviewed each year in order to elaborate this index, and the sample is taken from the US Census and includes people that live or work in urban areas around the country.

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Jake has changed the SOCIAL PSYCHOLOGICAL CONTEXT.
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Social psychological context refers to the formality or informality of the situation depending on the relationship between the two people that are communicating.<span />
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3 years ago
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Snowboards Inc. refuses to sell its products to Timber Winter Sports Stores, Inc., a retail snowboard dealership. This violates
Lilit [14]

Answer:

b. The refusal has an anti competitive effect on the market.

Explanation:

When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.

This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.

Products that are evenly distributed and not selective would increase competition in the market place such that customers would be able to purchase such product in any retail shop that sells the products.

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3 years ago
Ways which business can help in controlling pollution​
Umnica [9.8K]

Answer:

Pollution permits are a market-based scheme aimed at reducing pollution and trying to encourage firms to reduce the quantity of pollution they create.

Explanation:

7 0
2 years ago
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Borques Company produces and sells wooden pallets that are used for moving and stacking materials. The operating costs for the p
KengaRu [80]

Answer:

Borques Company

a. Unit inventory cost = $7.27

b. Ending inventory = 3,900 units

c. Absorption-costing operating income = $73,569

Explanation:

a) Data and Calculations:

Variable costs per unit:

Direct materials      $2.85

Direct labor             $1.92

Variable overhead $1.60  $6.37

Variable selling     $0.90   $7.27

Fixed costs per year:

Fixed overhead                $180,000

Selling and administrative $96,000  $276,000

Selling price per unit = $9

Acceptable per-unit inventory cost:

Variable product cost per unit = $6.37

Total variable production cost = $1,274,000

Fixed production cost =                   180,000

Total production cost =              $1,453,000

Unit inventory cost = $7.27 ($1,453,000/200,000)

b. Ending inventory

Beginning inventory   8,200

Production units = 200,000

Units available       208,200

Sales units =          204,300

Ending inventory       3,900

c. Absorption Costing Operating Income:

Sales Revenue                 $1,838,700 ($9 * 204,300)

Cost of goods sold             1,485,261 ($7.27 * 204,300)

Gross profit                        $353,439

Selling expenses:

Variable ($0.90 * 204,300) 183,870

Fixed                                     96,000

Total selling expenses    $279,870

Operating income             $73,569

5 0
2 years ago
On July 1, 2020, Ayayai Co. pays $15,420 to Pina Insurance Co. for a 3-year insurance policy. Both companies have fiscal years e
rodikova [14]

Answer:

July 1, 2020

Dr. Prepaid Insurance $15,420

Cr. Cash __________ $15,420

December 31, 2020

Dr. Insurance Expense_$2,570

Cr. Prepaid Insurance _$2,570

Explanation:

Prepaid Expense is the payment of an expense made before it accrued ( means advance payment of an expense ).

As Ayayai Co. paid the 3 years insurance in advance. It is the form of prepaid insurance. Prepaid insurance will be charged to the insurance expense account with the passage of time.

On July 1

The cash is paid so, the cash account will be credited because it is an asset account that has a debit nature. To reduce its balance we need to credit it.

On the other hand, cash is made against the advance payment of insurance for three years, prepaid insurance account will be debited because it is an asset account that needed to be debited to record this.

December 31

The Insurance expense for 6 months is accrued and it needs an adjusting entry to record the expense.

To record Insurance expense, the insurance expense account is debited and on the other hand to reduce the balance of prepaid insurance by the accrued expense value prepaid insurance account is credited.

Insurance expense = $15,420 x 6 / ( 12 x 3 ) = $2,570

3 0
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