Answer:
B. 115
Explanation:
The price index calculates changes in the prices paid by consumers for a basket of goods and services over a period.
Price index = (Cost of basket in a given year / cost of basket in the base year) × 100
230 / 200 = 1.15 × 100 = 115
I hope my answer helps you
The market supply curve represents the sum of the quantities supplied by all the sellers at each price of the good.
<h3>What is the market supply curve?</h3>
The market supply curve is the sum of the individual supply curves of firms. The individual supply curves are added horizontally. The supply curve sloped upward. This shows that there is a positive relationship between price and quantity supplied.
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Answer:
Degree of operating leverage= 1.4
Explanation:
Giving the following information:
Sales $6,160,000
Variable costs (4,620,000)
Contribution margin $1,540,000
Fixed costs (440,000)
Operating income $1,100,000
<u>To calculate the degree of operating leverage, we need to use the following formula:</u>
degree of operating leverage= Total contribution margin / operating income
degree of operating leverage= 1,540,000 / 1,100,000
degree of operating leverage= 1.4
Answer:
(A) Inventory increases by 595,000
(B) Inventory decreases by 14,500
(C) no effect
Inventory balance: 595,000 - 14,500 = 580,500
Explanation:
<u>We are asked for Readers' Corner</u>
(A) Reades purchase at 595,000 so we use this value. Reader has no informaiton about the cost of New Books.
(B) there is an allowance for 14,500 the inventory account will decrease immediately as it works with perpetual invnetory method
(C) no effect. The payment do not alter the invnetory valuation.
Answer:
equivalent units of production = 6,000 units
Explanation:
given data
process at end of September = 6,000 units
direct materials = 100%
direct labor and manufacturing overhead = 70%
solution
we get here equivalent units of production for the conversion cost that is
equivalent units of production = process at end × direct materials complete .........................1
put here value and we get
equivalent units of production = 6,000 units × 100%
equivalent units of production = 6,000 units