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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 XYZ Chemical Company must ship 9,500 gallons of pesticides from its plant in Cincinnati, Ohio, to a customer in Columbia, Mi

never [62]

Answer:

Henderson = $1,200

Central States = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

Explanation:

The question is to do an evaluation of the costs of use Henderson Bulk Trucking Company or the Central States Railroad

Step 1) Determine the cost of using Henderson

What is the cost per tank truck = $600

What is the capacity in gallons = 700 galloons

However, since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of 2 trucks from Henderson as follows

The cost of Henderson Bulk Trucking = $600 x 2 = $1,200

Step 2) Determine the cost of using Central Railroad

What is the cost per tank truck = $1000

What is the capacity in gallons = 23,500 galloons

since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of only one of the trucks

The cost of Central Roilroad= $1000 x 1 = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

3 0

3 years ago

The designated market value:a. is always the middle value of replacement cost, net realizable value, and net realizable value le

eduard

Answer:

a. is always the middle value of replacement cost, net realizable value, and net realizable value less a normal profit margin.

Explanation:

As we know that inventory will be recorded at cost or market value whichever is lower. But in the given case, the replacement cost would be recorded at higher values and lesser values. Higher values represent the Net realizable value whereas the lesser values represent the net realizable value less than the normal profit margin.

And if the replacement cost lies in this range than it represents the designated market value.

Hence, option a is correct.

4 0

2 years ago

Katie’s Cleaning Service has cleaning contracts for 15 apartments, 45 family homes, and 25 office buildings. She estimates that

Tomtit [17]

Answer:

correct option is B: $29,000

Explanation:

given data

apartments = 15

family homes = 45

office buildings = 25

pay for cleaning staff = $12.50/hour

solution

we get here Total Budgeted hours that is

type Number Hrs/Clean No of Cleans Total Hours

Apartments 15 4 4 240

Homes 45 6 4 1080

Office 25 10 4 1000

Total Budgeted hours need per month 2320

Budgeted cost per month that is 12.50/hrs so it will 29000

so correct option is B: $29,000

3 0

3 years ago

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

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