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max2010maxim [7]
3 years ago
10

The table below contains data for the country of batterland, which produces only waffles and pancakes. the base year is 2013 . p

rices and quantities year price of waffles quantity of waffles price of pancakes quantity of pancakes 2010 $2.00 80 $1.00 100 2011 $2.00 100 $2.00 120 2012 $2.00 120 $3.00 150 2013 $4.00 150 $3.00 200 refer to table 23-6. this country's inflation rate from 2010 to 2011 was
Business
1 answer:
ArbitrLikvidat [17]3 years ago
5 0

Firstly, you should calculate the prices of your market basket, which basically means multiply all the goods with their prices and then add them together in their respective years. This would give you $260, $440, $690 and $1200 in the years 2010 to 2013 respectively. (follow along by noting everything down)

We see that the base year is 2013, therefore if we want to calculate the inflation rate from 2010 to 2011, we have to calculate their price indices. We do this by dividing the maket basket of our chosen years by the market basket of the base year, therefore the price index of 2010 is $260/$1200, giving us 21.6. The price index of 2011 would be $440/$1200, giving us 36.6. To calculate the inflation rate, you find the difference between your two price indices and divide it by the former year, which would be 36.6 - 21.6 / 21.6 x 100, giving us the inflation rate of 69.2%.

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gladu [14]

Answer:

<u>Overhead Report for heavy-duty trailer axles.</u>

Order size ($ 16.85 × 200)              $3,370.00

Customer orders ($ 320.00 × 1)        $320.00

Product testing ($ 89.00 × 4)            $356.00

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Total                                                 $6,226.00

Conclusion :

The total overhead cost assigned to the order is $6,226.00

Explanation:

ABC system allocates overheads to jobs using cost drivers.

First an Activity Center where costs accumulate is identified these can be several in our scenario we have four Activity Centers.

Then the Cost driver rate is calculated for each Activity Center. Our question has provided these.

The final step is to allocate the overheads to a particular job using the cost driver rate.

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3 years ago
A bond issued by the State of Pennsylvania provides a 5.75% yield. What yield on a Synthetic Chemical Company bond would cause t
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Answer: 8.85%

Explanation:

GIVEN THE FOLLOWING ;

Municipal bond yield = 5.75%

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In other to produce the same after tax rate, What should be the yield of the synthetic company bond;

Assume yield on synthetic company bond = SC yield ;

We can connect our assumption using the mathematical relation below;

Municipal bond yield = after tax bond yield

5.75% = SC yield (1 - tax rate)

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5.75% = SC Yield × 65%

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SC yield = 8.85%

5 0
3 years ago
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Assurance of IRB review

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6 0
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Answer:

The journal entries for the given economic events are given below:

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7/1/17      Treasury Stock (113 X $88)     9,944

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(Paid in capital from Treasury Stock = 5828 - 5280 = 548)

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(Paid in capital from Treasury Stock = 4488 - 4386 = 548)

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2 years ago
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