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3 years ago

The CPI measures the average prices paid by __ for _.

Business

1 answer:

Fittoniya [83]3 years ago

8 0

Answer:

B. urban consumers; the average basket of goods and services they buy

Explanation:

The CPI is an index that measures the weighted average of the price of a basket of goods and services such as the transportation, food and the medical care, etc.

The items are predetermined on the basket of goods and services, hence is widely used as an economic indicator and measures inflation and effectiveness of governmental policies.

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The application of overhead has resulted in a $5,600 credit balance in the factory overhead account, and this amount is not mate

FromTheMoon [43]

when manufacturing overhead has a credit balance, overhead is overapplied. Overapplied overhead means that the overhead assigned to work in process is greater than the overhead incurred. Also, since the amount is immaterial, it should be closed in cost of goods sold.

The adjusting entry for the overapplied over-head is:

b. debit factory overhead $5,600; credit cost of goods sold $5,600.

After posting this entry the factory overhead account will have a zero balance.

Hope it helps!

4 0

3 years ago

Pharoah Incorporated factored $154,700 of accounts receivable with Engram Factors Inc. on a with recourse basis. Engram assesses

VashaNatasha [74]

Answer:

Cash 135,604 debit

Due from factor account: 7,735 debit

Loss on Factoring 18,081 debit

Recourse Liability 6,720 credit

Accounts Receivable 154,700 credit

--to record sales of account receivables--

Explanation:

fee: 154,700 x 3% = 4,641

retention: 154,700 x 5% = 7,735

recourse: 6,720

The company will receive cash for the difference between his account receivable and the discount above:

154,700 - 4,641 - 7,735 - 6,720 = 135.604‬

We post the retention as an assets as latter we will recove this amount.

Then, the recourse as a liaiblity. Write-off the receivables and later, the cash receipts.

The difference will be considered a loss.

5 0

2 years ago

A vertical as curve means that the level of aggregate supply (or potential gdp) will determine the real gdp of the economy, rega

Serggg [28]

A vertical as curve means the level of aggregate supply (or potential GDP) will determine the real GDP of the economy, no matter the level of aggregate demand.

In general, economic process is a condition in which income increases from the emergence of an increase in the production of goods and services. However, this increase in income has not been compared to the expansion in population. this will be seen from the results of improvements in various fields, like technology.

In its development so far, there are various theories of economic growth. This theory itself appears plenty to explain the growth cycle as well as the factors that directly influence an increase in the national economy by experts. Among the various theories that have emerged, here are a number of them:

Neoclassical Theory
Classical Theory
Historical Theory

You can learn more about economic growth here brainly.com/question/16999482

#SPJ4

8 0

1 year ago

Rebecca decides to introduce a new discount strategy to the customers of her restaurant. Before deciding upon the strategy, she

Lera25 [3.4K]

Answer:

encouraging their participation in the decision making process.

Explanation:

There are several theories about how to overcome employees' resistance to change, and most of them have certain concepts in common:

encourage employee participation in the process
set challenging but achievable goals
try to solve conflicts quickly as soon as they arise
be positive about the changes
stimulate teamwork
be a leader

Whenever changes occur, at home or at work, everyone feels better if their opinions and ideas are considered during the process.

3 0

2 years ago

Before any serious discussion of purchasing a business occurs a _ should be conducted

Lesechka [4]

Blood group b shold constrentect

3 0

2 years ago

The CPI measures the average prices paid by __________ for _________.

The CPI measures the average prices paid by __ for _.