Based on the current level of GDP, the investment spending, and the MPC, the new level of the real GDP will be $195 million.
<h3>What is the new level of the GDP?</h3>
First find the investment multiplier as:
= 1 / (1 - MPC)
= 1 / (1 - 0.7)
= 3.333
The new level of GDP is:
= Current level of GDP + (Investment spending x Multiplier)
= 150 + (13.5 x 3.333)
= $195 million
Find out more on the investment multiplier at brainly.com/question/6600233.
Answer:
Secondary Data
Explanation:
Secondary data is defined as the data that is collected by the other people other than the end users of it.
In the case, Mark is the end users. And the data is of U.S census bureau, other governments agencies, database, however, is not collected by Mark but by marketing research firms and different reports instead.
So that, in this case, Mark is using secondary data.
Answer:
The overhead cost allocated to Totes is $11556 and option c is the correct answer
Explanation:
To allocate the overheads between products using a plant wide rate, we need to calculate the plant wide Overhead absorption rate (OAR). The OAR allocates overheads to each product based on the activity level consumed by each product.
OAR = Budgeted Overheads / Budgeted Absorption base
As the overhead absorption base is the direct labor cost, we first need to determine the total direct labor cost for both the products.
Direct labor cost = 64 * 350 + 51 * 530 = $49430
OAR = 25500 / 49430 = $0.5159 per direct labor cost of $1
Direct labor cost used by Totes = 64 * 350 = $22400
Overheads to be allocated to Totes = 22400 * 0.5159 = $11556.16 rounded off to $11556
130000 becaus of math and other studd idk thats the answe for me A
Section 8 does not require you to pay them back