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3 years ago

What is the acronym for this

1 answer:

5 0

The acronym for the formula to find the inflation rate, [(New Price - Original Price)/Original Price] (100) is <u>B. NOO</u>.

<h3>What is the inflation rate?</h3>

The inflation rate is the rate of increase in prices from one period of time to the next.

In the United States, the Consumer Price Index (CPI) is often used to gauge inflation.

Thus, the acronym for the formula to find the inflation rate, [(New Price - Original Price)/Original Price] (100) is <u>B. NOO</u>.

Learn more about inflation at brainly.com/question/1082634

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Widget Maker Manufacturing uses job costing. In May, material requisitions were $ 44 comma 600 ($ 39 comma 700 of these were d

katen-ka-za [31]

Answer:

The beginning raw materials inventory balance is $10,900

Explanation:

In this question, we apply the formula ending balance of raw material which is shown below:

Ending balance of raw material = Beginning balance of raw material + purchase of material - material requisitions

$24,900 = Beginning balance of raw material + $58,600 - $44,600

$24,900 = Beginning balance of raw material + $14,000

So, the beginning balance of raw material

= $24,900 - $14,000

= $10,900

7 0

3 years ago

Selected data taken from the accounting records of Laser Inc. for the current year ended December 31, are as follows: Balance, D

Olin [163]

Answer:

1. Cash payments for merchandise is $446,030

2.Cash payment for operating expense is $77,870

Explanation:

1. In order to calculate the Cash payments for Merchandise we would have to use the following formula:

Cash payments for Merchandise= cost of goods sold +decrease in accounts payable-decrease in inventory

Cash payments for Merchandise=$448,500+$4,290-$6,760

Cash payment for Merchandise=$446,030

2. In order to calculate the Cash payments for operating expenses we would have to use the following formula:

Cash payment for operating expense=operating expense - decrease in prepaid expense +decrease in Accured

Cash payment for operating expense=$78,000 -$650+$520

Cash payment for operating expense=$77,870

5 0

3 years ago

If there is no comparative advantage in the production of either of the two goods produced by countries 1 and 2, then: ________

Sav [38]

Answer:

b. there are no gains from specialization and trade between the two countries.

Explanation:

If the two countries are producing goods with the same opportunity cost, then there is no need or advantage gained from the trade of goods between these two countries.

Usually, countries trade with each other if one has a comparative advantage of producing one good over the other trading country. Then in this case is can specialize in making that good and trade the excess to the other country.

However, in the case when two countries are producing apples and oranges. And opportunity cost producing orange for country 1 is one apple and same for country 2

Opportunity cost for Country 1 : 1 Apple = 1 Orange

Opportunity cost for Country 2 : 1 Apple = 1 Orange

Then countries will gain no additional benefit from specializing in one good.

7 0

3 years ago

What does going green mean?

Romashka-Z-Leto [24]

Answer:

To save the Earth without polluting it. Going eco-friendly

Explanation:

At least that's what I think.

8 0

3 years ago

Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 50,00

pochemuha

Answer:

The incremental costs of making and buying component RX5 is $100,000

Explanation:

For computing the increment cost of making and buying component RX5, first we have to compute the cost of making and buying component RX5 separately.

Cost of making includes:

Direct Material = 50,000 × $5 = $250,000

Direct Labor = 50,000 × 9 = $450,000

Variable Overhead cost = 50,000 × 10 × 30% = $150,000

So, total cost of making = Direct material cost + direct labor cost + variable overhead cost

= $250,000 + $450,000 + $150,000

= $850,000

Now, the cost of buying component is equals to

= units × RX5 per unit

= 50,000 × $19

= $950,000

So, the incremental costs of making and buying component RX5 is equals to

= cost of making - cost of buying component

= $950,000 - $850,000

= $100,000

Hence, the incremental costs of making and buying component RX5 is $100,000

7 0

4 years ago