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luda_lava [24]
3 years ago
13

In a hypothetical country, Nominal GDP has increased by 5%. Which of the

Business
1 answer:
dimulka [17.4K]3 years ago
7 0

As a result of an increase in nominal GDP, we can infer that <u>Either </u><u>price</u><u>, </u><u>economic output</u><u>, or </u><u>both </u><u>has </u><u>increased</u><u>.</u>

Nominal GDP can increase when:

  • An increase in price makes the final price of goods and services more than it was before
  • An increase in economic output means that more goods and services are being produced that increase GDP

There is also the chance that both of these could happen at the same time. This would increase the Nominal GDP by a higher rate.

In conclusion, a rise of nominal GDP could come from either or both of those factors.

<em>Find out more at brainly.com/question/13342564. </em>

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Waterway Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethan
garik1379 [7]

Answer:

(a) unit accounted for transferred out $25,200 (b) Equivalent unit of production, Materials $27,720, conversion cost $26,208, (c) unit cost of production Unit materials cost $9, Unit conversion cost $8

Explanation:

No specific question was asked, I think the question to be asked are the following

Cost Data

$

Materials. 249,480

Labour. 67,536

Overhead. 142,128

----------------

Total. 459,144

-------------------

To prepare a schedule showing physical unit of production

$

Beginning work in process June 1. 0

Unit started into production. 27,720

--------------

Total. 27,720

Less: Ending work in process unit. 2,520

--------------

Unit accounted for transferred out. 25,200

----------------

To determine the equivalent unit of production

Materials. Conversion cost

$ $

Transferred out. 25,200. 25,200

Work in process( 2,520 × 100%) 2,520

(2,520 × 40%) 1,008

------------- ------------------

Total. 27,720. 26,208

----------------- --------------------

To compute the unit cost of Production

Unit materials cost = Total materials cost / Equivalent cost

= 249,480/ 27,720

= $9

Unit conversion cost = Labour + Overhead / Equivalent cost

67,536 + 142,128

= 209,664 / 26,208

= $8

3 0
3 years ago
why Dell usually reacts more quickly and more substantially to pricing, product design, and advertising decisions made by Hewlet
NeX [460]

Answer and Explanation:

Since in the question it is mentioned that the dells reacts more quickly and sustainable with the price, design of the product, etc as compared with the apple computer

It is because of that the apple is the less subsitute for dell also the dell Hp and gateway all make the windows machines

Therefore it reacts more quickly

hence, the same is relevant

4 0
3 years ago
Operations Excellence (OE), Inc. has two production departments: Mixing and Packaging. Mixing DepartmentPackaging DepartmentWare
yulyashka [42]

Answer:

Operations Excellence (OE)

The unit cost for Compound H and Compound L respectively is:

                                            Compound H     Compound L

Unit cost of production             $103                 $81

Explanation:

Production and cost data are available for July:

                                             Total  Compound H     Compound L

Production units                  7,300             2,500                 4,800

Materials:

Mixing                           $220,000      $100,000          $120,000

Packaging                         75,900           37,500              38,400

Total materials cost    $295,900        $137,500          $158,400

Conversion:

Mixing                          $219,000

Packaging                       131,400

Total conversion cost$350,400

Assigned conversion cost per unit = $48

Assignment of conversion costs:        120,000         230,400 (4,800 * $48)

Total production costs $646,300    $257,500       $388,800

Units produced                7,300             2,500              4,800

Unit cost                                                    $103                 $81

5 0
3 years ago
Five Card Draw manufactures and sells 24,000 units of Diamonds, which retails for $180, and 27,000 units of Clubs, which retails
Darina [25.2K]

Question Completion:

Find the gross profits for Diamonds and Cards

Find the total gross profit

Answer:

Five Card Draw

                               Diamonds          Clubs           Total

Gross profit          $1,632,000     $1,188,000  $2,820,000

Explanation:

a) Data and Calculations:

                                                  Diamonds       Clubs           Total

Units manufactured and sold     24,000        27,000        51,000

Retail price                                    $180            $190

Sales revenue                          $4,320,000   $5,130,000 $9,450,000

Direct materials cost per unit       $25              $30

Labor rate = $25 per hour

Direct labor hours per unit              3                  4

Total direct labor hours              72,000       108,000       180,000

Estimated overhead = $720,000

Predetermined overhead rate = $4 ($720,000/180,000) per DLH

Overhead allocation                $288,000     $432,000     $720,000

Total direct materials costs    $600,000      $810,000    $1,410,000

Total direct labor costs         $1,800,000  $2,700,000  $4,500,000

Total costs of production     $2,688,000 $3,942,000  $6,630,000

Income Statement:

                                                  Diamonds       Clubs           Total

Sales revenue                       $4,320,000   $5,130,000  $9,450,000

Total costs of production     $2,688,000  $3,942,000  $6,630,000

Gross profit                           $1,632,000     $1,188,000  $2,820,000

3 0
3 years ago
Question Workspace Exhibit 3-5 Supply for Tucker's Cola Data Quantity supplied per week (millions of gallons) Price per gallon 6
Lena [83]

Answer:

20 million gallons

Explanation

The market quantity supplied can be found by adding the quanirty supplied of the 5 suppliers.

When price is $1.5, tucker supplies 3 million gallons

3 + 10+2 + 5 + 0 = 20

I hope my answer helps you

5 0
4 years ago
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