Answer:
D = $28,480
Explanation:
Variable factory overhead = $1.2 * 7900 units = $9480
Budgeted fixed factory overhead = $19000
Total budgeted overhead = $9480 + $19000
= $28,480
Answer:
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Explanation:
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hope this works out!
Answer:
Production function would shift downward to a lower level of real GDP.
Explanation:
given data
technology coefficient rises = 0.40 to 0.50
solution
as here technological coefficient is the amount of input required for 1 unit of output
so that when it increase from 0.4 to 0.5
so that it implies that amount of input required for 1 unit of output has increase by 0.1
so here more labor is required for producing same level of real GDP
so that production function would shift downward to a lower level of real GDP.