<span>GDP (gross domestic product), which is the total value of everything that has been produced inside a country, whether it be produced by citizens or by companies. GDP is used to determine the "size" of an economy, by comparing the growth rate of the GDP with the growth rate of other countries. GDP can also be used to determine when a country is going through a recession, if the growth rate is less than that of the previous quarter, a depression if the growth rate continues to be less than previous quarters, or inflation if the growth rate is too rapid.</span>
The budget for training can be developed for the five workers as explained below:
<h3>What is Budget?</h3>
A budget is the calculation or prediction of the cashflows expected to occur in the next period, there are many types of budgets for example, cash budget, sales budget and expense budget.
The budget for the given scenario is calculated as follows.
The trainer will take $140 per hour and training requires 8 hours
$140 * 8hrs = $1,120.
While the workers earn $18 per hour and there are 5 workers, this is a sunk cost as the employees will be paid whether they attend the training or not but while in the training the workers will not be contributing towards the earnings of the company so this will be considered as an expense.
$18 * 5 workers * 8 hrs = $720.
Adding the two expenses provide $1,840 ($1,120 + $720)
Learn more about Budgeting at brainly.com/question/27387644
Answer:
b. Trial balance.
Explanation:
In the trial balance the total of debit amount and the total of credit amount would be equivalent to each other. Here the debit involves assets, expenses, dividend while on the other hand the credit involves stockholder equity, liabilities, revenues
hence, the correct option is b.
And, the rest of the options are wrong
Answer:
c) The more CDs Jamila buys, the less money she has in her bank account.
Explanation:
A hypothesis is an assumption of relationship between two or more variables.
Sociological hypothesis is an assumption that one human behaviour will influence another.
Let's take each of the options.
a) The more study halls students are given during the school day, the worse they perform on their tests.
Implies that the action of giving more study hall caused a decline in performance in tests (behavioural).
b) The longer an inmate spends in prison, the more difficult it is for him to adapt to the outside world.
Implies that when an inmate stays longer in prison behavioural ability to adapt to the outside work declines (behavioural).
c) The more CDs Jamila buys, the less money she has in her bank account.
Does not involve assumptions about behaviour, just a financial fact that the more CDs Jamila buys her money will reduce.
Answer:
b. decrease of $8,900
Explanation:
the sales price and variable costs are missing, so I looked them up:
sales price = $160
variable costs = $48
current operating income:
sales revenue $800,000
variable costs <u>($240,000)</u>
contribution margin $560,000
fixed costs <u>($499,000)</u>
operating income $61,000
if the company follows the marketing manager's plan:
sales revenue $867,300
variable costs <u>($283,200)</u>
contribution margin $584,100
fixed costs <u>($532,000)</u>
operating income $52,100
operating income will decrease by $61,000 - $52,100 = $8,900