How much would Israel’s nominal GDP growth be next year if it experienced real GDP growth next year the same as its average over the past 50 years, with an inflation rate of 3% and population growth of 1%?

Answers

Answer 1

Please find part of questiom attached Answer:

6.25%

Explanation:

If inflation rate is 3%

And real GDP growth rate is 3.25 from question attachment

Nominal GDP growth rate which adds up inflation and output

=real GDP rate +inflation rate +population growth

=3.25%+3%

=6.25%

Therefore nominal GDP growth rate is 6.25%

This is because nominal GDP adds up the monetary value of all goods for the current year at current prices of all output and does not remove inflation like real GDP does. Also Population of 1% is already used in calculating real GDP so no need to add it nominal GDP calculation here

How Much Would Israels Nominal GDP Growth Be Next Year If It Experienced Real GDP Growth Next Year The

Related Questions

If the nominal interest rate is 4.7% and the inflation rate is 3.4%, what is the real interest rate?

Answers

Answer:

1.3%

Explanation:

The real interest rate is calculated by subtracting the inflation rate from the nominal interest rate.

real interest rate=nominal interest rate-inflation rate

nominal interest rate=4.7%

inflation rate= 3.4%

real interest rate=4.7%-3.4%

real interest rate=1.3%

According to this, the answer is that the real interest rate is 1.3%.

Orange Co. is a manufacturer and Pineapple Company is a merchandiser. What is the difference in the budgets the two entities will prepare?

Answers

Answer:

Orange Co.'s budget will include the cost of production, which is made up of raw materials, direct labor, and manufacturing overhead.  The above cost of production and the accompanying items will not be found in the budget of Pineapple Company.  The latter's budget will focus on purchase of goods for sale (instead of raw materials) and inventories of finished goods (instead of raw materials and work in process).  Orange Co. determines its product cost per unit from the cost of production divided by the quantity produced.  Pineapple Company's product cost is based on the purchase price of goods, which includes the manufacturer's profit.

Explanation:

The operations and accounting for the cost of production of Orange Co. will be different from Pineapple Company's.  The difference is a reflection of their statuses as manufacturer and merchandiser respectively.  Orange Co. manufactures and sells goods while Pineapple Company sell manufactured goods.

The integration of the lowest level of the WBS with the organizational units responsible for performing the work is known as

Answers

Answer:

Organization breakdown structure.

Explanation:

This structure is used to show the people who would be working on a project.

Organization Breakdown Structure is in hierarchy and it explains the built organizational framework useful for project planning, resource management, time and expense tracking e.tc. it tells us the Employees that have been assigned to do particular projects, using knowledge, skills and the ability to do a task from start till finish.

Businesses often spend significantly more money on creating customer access for their products/service than they spend on advertising.
A. True
B. False

Answers

Answer:

The correct answer is:

True (A)

Explanation:

Customer access strategy is a framework or a set of standards, guidelines and processes, which defines the means by which a customer and the organization can interact, and  means by which the customer has access to:

the relevant information needed to make purchasesthe right logistics for the execution of a purchase

The arear of access are mainly information (value of the product, price of products, how products work) and logistics (means of getting the products, customer service on the after-purchase needs etc).

It has been studied extensively that companies are spending 3 to 4 times as much money on creating customer access than they do on advertising, this is because even if advertising is successful, the results will not be seen if customer access is not successful, and having an efficient customer access strategy can provide a competitive advantage to the producers.

You deposited $5,000 from a late uncle on your 9th birthday.
A) If you earned 10.5% interest each year, how much would you have when you turn 65?
B) If you earned 10.5% interest compounded monthly each year, how much would you have when you turn 65?
C) If you wanted to have $2 million when you turn 65, what rate of interest would you need to earn assuming annual compounding?

Answers

Answer:

A) If you earned 10.5% interest each year, how much would you have when you turn 65?

assuming annual compounding:

future value = $5,000 x (1 + 10.5%)⁵⁶ = $1,340,471.47

B) If you earned 10.5% interest compounded monthly each year, how much would you have when you turn 65?

monthly compounding = 10.5% / 12 = 0.875% per month

future value = $5,000 x (1 + 0.875%)⁶⁷² = $1,743,869.89

C) If you wanted to have $2 million when you turn 65, what rate of interest would you need to earn assuming annual compounding?

$2,000,000 = $5,000 x (1 + r)⁵⁶

(1 + r)⁵⁶ = $2,000,000 / $5,000 = 400

(1 + r)⁵⁶ = 400

⁵⁶√(1 + r)⁵⁶ = ⁵⁶√400

1 + r = 1.1129

r = 1.1129 - 1 = 11.29%

Can someone help me figure this out?

Answers

Answer:

I can help call me 8470589364

Which of the following is a good example of a program?a. Planting a gardenb. Developing a new residential area that includes six custom homesc. Developing a new marketing pland. Taking notes each class meeting to prepare for the finale. Planning a wedding

Answers

Answer:

b. Developing a new residential area that includes six custom home

Explanation:

A program refers to a group in which the projects that are related are designed to achieve a common objective within a period of time

Now if we going through the options, the option B is correct as it involves establishing a new residential area that consists of six custom homes i.e. it is customized according to the needs of the client, customers, company, etc

Therefore option B is correct

What would happen to GDP if a significant number of house-spouses who were previously staying home to care for their children began taking jobs and placing their children in day-care? Would the nation's well-being necessarily be better off?

Answers

Answer:

The GDP will increase.

Explanation:

The number of women taking a job will result in the rise of real GDP because their participation will increase the number of economic activities. Therefore, a rise in economic activities will boost the GDP. But it would be uncertain to say that the well being of the nation will be better off because daycare will harm the bond of children and parents. Moreover, lack of parental supervision will result in the low performance of children at the latter age and if the child is at the age in which breastfeeding is required then lack of breastfeeding may harm child's physical and mental health as well.

A bond with a coupon rate of 5.16 percent and semiannual coupon payments matures in 12 years. The YTM is 6.37 percent. What is the effective annual yield?

Answers

Answer:

6.47%

Explanation:

The computation of effective annual yield is shown below:-

Annual YTM = 6.37%

Semiannual YTM = 6.37% ÷ 2

= 3.185%

Effective Annual Yield = (1 + Semiannual YTM)^2 - 1

= (1 + 0.03185)^2 - 1

= 1.03185^2 - 1

= 1.0647 - 1

= 0.0647

or

= 6.47%

Hence, the effective annual yield is 6.47% i.e come after applying the above formula

Match the expense recognition approaches with the most appropriate accounting event, to satisfy proper matching of revenues with expenses.
Drag statements on the right to match the left.
Cause-and-effect relationship Cost of goods sold
Specific time period Monthly salary payments to an office employee
Without regard to related revenue
in the period incurred Advertising expenditures

Answers

Answer:

Cause-and-effect relationship - Cost of goods sold

This follows the cause and effect relationship because if the goods were not to be sold they would not have incurred a cost. Because the goods were sold, the business incurred costs.

Specific time period - Monthly salary payments to an office employee

The salary is monthly which means that it is for the specific time period of a month.

Without regard to related revenue  in the period incurred - Advertising expenditures.

Advertising expenses are made without regard to the related revenue in the period because there is no sure and specific way to measure the impact of advertising on revenue.

Your credit card company charges you 1.43 percent per month. What is the APR on your credit card?

Answers

Answer:

APR is 17.16 percent

Explanation:

APR means annual percentage rate and is calculated annually.

APR = 1.43 percent * 12 months = 17.16 percent

West Corp. issued 14-year bonds 2 years ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If these bonds currently sell for 103 percent of par value, what is the YTM?

Answers

Answer:

the YTM is 9.38 %.

Explanation:

Bond Prices in most countries is expressed per $100. We shall use this as the Price for the bond in question.

Then the Yield to Maturity (YTM), r of the Bond can be determined as follows

Pv = - $103

pmt = ($100 × 9.80) ÷ 2 = $4.90

p/yr = 2

n = (14 - 2) × 2 = 24

Fv = $100

r = ?

Using a Financial Calculator,  the Yield to Maturity (YTM), r is 9.38 %

A loan is offered with monthly payments and a 15.5 percent APR. What is the loan's effective annual rate (EAR)

Answers

Answer:

16.63%

Explanation:

effective annual rate (EAR) = (1 + periodic interest rates)^m - 1

M = number of compounding

periodic interest rates = 15.5 /12 = 1.29%

1.0129^12 - 1 = 0.166269 = 16.63%

Chester's balance sheet has $86,386,000 in equity. If next year, assets decrease by $4,000,000 and liabilities increase by $2,000,000, what will be Chester's book value? Select: 1Save Answer $80,386,000 $84,386,000 $88,386,000 $31,097,000

Answers

Answer:

$88,386,000

Explanation:

The computation of the chester book value is shown below:

= Equity balance + decrease in assets in the next year - increased in liabilities for the next year

where,

Equity balance is $86,386,000

Decrease in assets is $4,000,000

Increased in liabilities $2,000,000

Now place these values to the above formula

So, the book value is

= $86,386,000 + $4,000,000 - $2,000,000

= $88,386,000

On January 1, 2016, Aspen Company acquired 80 percent of Birch Company's voting stock for $364,000. Birch reported a $320,000 book value and the fair value of the noncontrolling interest was $91,000 on that date. Then, on January 1, 2017, Birch acquired 80 percent of Cedar Company for $108,000 when Cedar had a $108,000 book value and the 20 percent noncontrolling interest was valued at $27,000. In each acquisition, the subsidiary's excess acquisition-date fair over book value was assigned to a trade name with a 30-year remaining life. These companies report the following financial information. Investment income figures are not included. 2016 2017 2018 $ 485,000 $ 767,500 211,500 386,000 Not available 263,700 $ 892,500 622,300 240,000 Sales: Aspen Company Birch Company Cedar Company Expenses : Aspen Company Birch Company Cedar Company Dividends declared: Aspen Company Birch Company Cedar Company $ 332,500 167,000 Not available $ 525,000 $ 635,000 315,000 550,000 244,000 210,000 $ 10,000 $ 45,000 $ 55,000 8,000 18,000 18,000 Not available 2,000 6,000 Assume that each of the following questions is independent:
a. If all companies use the equity method for internal reporting purposes, what is the December 31, 2017, balance in Aspen's Investment in Birch Company account?
b. What is the consolidated net income for this business combination for 2018?
c. What is the net income attributable to the noncontrolling interest in 2018?
d. Assume that Birch made intra-entity inventory transfers to Aspen that have resulted in the following intra-entity gross profits in inventory at the end of each year:
Date Amount
12/31/16 $13,500
12/31/17 16,200
12/31/18 30,400
What is the accrual-based net income of Birch in 2017 and 2018, respectively? Complete this question by entering your answers in the tabs below. Req A to C Req D
a. If all companies use the equity method for internal reporting purposes, what is the December 31, 2017, balance in Aspen's Investment in Birch Company account?
b. What is the consolidated net income for this business combination for 2018?
c. What is the net income attributable to the noncontrolling interest in 2018?
Show less
a. Investment in Birch
b. Consolidated net income
c. Noncontrolling interests' share of the consolidated net income

Answers

Answer:

A.$440,432

B.$354,400

C.$24,036

D.2017 Realized income - Birch $78,840

2018 Realized income- Birch $76,880

Explanation:

a) Calculation for December 31, 2017, balance in Aspen's Investment in Birch Company account

Consideration transferred by Aspen $364,000

Add Noncontrolling interest fair value $91,000

Birch’s business fair value $455,000

Less :Book value ($320,000)

Trade name $135,000

Life 30 years

Annual amortization $4,500

($135,000/30)

Consideration transferred for Cedar by Birch $108,000

Add Noncontrolling interest fair value $27,000

Cedar’s business fair value $135,000

Less Book value ($108,000)

Excess to trade name $27,000

Life 30 years

Annual amortization $900

(27,000/30)

Investment in Birch $364,000

Birch's reported income-2016 $44,500

($211,500 - $167,000)

Less Amortization expense $4,500

Accrual-based income $40,000

Aspen’s percentage ownership 80%

Equity accrual-2016 $32,000

(80%×$40,000)

Dividends received 2016 ($6,400)

($32,000-$40,000)

(-$8,000 x 80%)

Birch's reported income-2017 $71,000

($386,000 - $315,000)

Amortization expense -$4,500

Income from Cedar $15,040

[80% x (263,700 -244,000 - 900]

Accrual-based income $81,540

($71,000+$15,040-$4,500)

Aspen’s percentage ownership 80%

Equity accrual-2013 $65,232

(80%×$81,540)

Dividends received from Birch 2017 ($14,400)

($18,000 x 80%)

Investment in Birch Dec 31,2017 $440,432

($364,000+$32,000+$65,232-$6,400-$14,400)

b) Calculation for the consolidated net income for this business combination for 2018

Consolidated $1,754,800

LessConsolidated expenses ($1,395,000)

Less Total amortization expense ( a) ($5,400)

Consolidated net income for 2018 $354,400

c) Calculation for the net income attributable to the noncontrolling interest in 2018

Cedar’s NCI in consolidated net income

Revenues less expenses $30,000

($240,000 - $210,000)

Less Excess amortization ($900)

Accrual-based income $29,100

Noncontrolling interest percentage 20%

Cedar’s NCI in consolidated net income$5,820

(20%×$29,100)

Birch's NCI in consolidated Net income

Revenues less expenses $72,300

($622,300 - $550,000)

Less Excess amortization ($4,500)

Equity in Cedar income $23,280

[(30,000 – 900) × 80%]

Realized2014 income of Birch $91,080

($72,300+$23,280)

Noncontrolling interest percentage 20%

Birch’s NCI in consolidated net income $18,216 (80%×$91,080)

Total NCIshare of 2018 consolidated net income $24,036

($18,216+$5,820)

d) Calculation for the accrual-based net income of Birch in 2017 and 2018, respectively

2017 Realized income of Birch

prior to accounting for unrealized gross profit(a) $81,540

2016 Transfer-gross profit recognized in 2017 $13,500

Less 2017 Transfer-gross profit to be recognized in 2018 ($16,200)

2017 Realized income - Birch $78,840

2018 Realized income of Birch prior to accounting for unrealized gross profit(c) $91,080

2017 Transfer-gross profit recognized in 2018 16200

Less 2018 Transfer-gross profit to be recognized in 2019 ($30,400)

2018 Realized income-Birch $76,880

What investments could Trafigura make to maximise its market position while maintaining a responsible risk profile

Answers

Answer:

By applying a process of natural hedging, with integrated operational management, logistics and infrastructural investments, Trafigura can diversify its activities and investments so that risks are flattened out.  For instance, its investments in storage and shipping capabilities ensure that if the demand for storage is low, the demand for shipping will increase and vice versa.

Furthermore, when Trafigura is not trading actively in the physical commodity, it can use its asset management, logistics, and distribution capabilities and globalized network of subsidiaries and activities to offset the low revenue from trading.  These diversified investments and assets, therefore, enhance and complement its various activities so that its risk profile is constantly being managed in a balanced manner without incurring so much risk costs.

Explanation:

Trafigura Group Pte. Ltd. according to sources, is one of the world's "largest independent and integrated commodity traders and a logistics, warehousing, asset management, mining, and energy distribution conglomerate."  As a multinational commodity trading company founded in 1993, Trafigura trades in base metals and energy, and is registered and headquartered in Singapore.

Variable costs refer to the costs of __________ that can easily be increased or decreased in a __________ period. g

Answers

Answer:

outputs, short

Explanation:

Variable costs is an expense which changes as production output changes. When production is increasing, variable cost is increasing and when production is decreasing, variable cost is decreasing as well.

Variable costs can be seen as short-term as it can be adjusted.

Examples of variable costs are: utility costs, costs of raw materials, direct labor costs, etc.

A medical clinic dispenses vaccines at a steady rate of 520 doses per month. Each order placed to the vaccine manufacturer incurs a fixed cost of $140. Each vaccine dose held in inventory incurs a holding cost of $3 per year.Required:a. Using the EOQ model, calculate the optimal order quantity, images , and the optimal average cost per year, images.b. Suppose that the fixed cost K increases. Will images increase, decrease, or stay the same? Briefly explain

Answers

Answer:

a) EOQ = 763 vaccines

annual total cost = $2,289.45

b) if order cost increase, then the EOQ will also increase since the total number of orders placed should decrease in order to keep total costs as low as possible.  

Explanation:

EOQ = √(2SD / H)

s = order cost = 140

h= holding cost per unit = 3

d = annual demand = 520 x 12 = 6,240

EOQ = √[(2 x 140 x 6,240) / 3] = 763.15 ≈ 763

annual total cost = [(6,240 / 763) x $140] + [(763 / 2) x $3] = $1,144.95 + $1,144.50 = $2,289.45

if K (I believe K = S) increases to lets says $200:

EOQ = √[(2 x 200 x 6,240) / 3] = 912 units

annual total cost = [(6,240 / 912) x $200] + [(912 / 2) x $3] = $1,368.42 + $1,368 = $2,736.42

if we used EOQ = 763, then:

annual total cost = [(6,240 / 763) x $200] + [(763 / 2) x $3] = $1,635.65 + $1,144.50 = $2,780.15

EBITDA stands for:________
A) Earnings before Income Taxes, Discontinued Operations and Other Adjustments
B) Earnings before Income Taxes, Discontinued Operations and Other Amortization
C) Earnings before Interest, Taxes, Depreciation and Amortization
D) Earnings before Interest, Taxes, Discontinued Operations and Amortization

Answers

I think the answer is D), I’m sorry if it’s wrong

What tool of monetary policy will the Fed use to increase the federal funds rate from 1 percent to 1.25 percent

Answers

Answer:

Open-market operations

Explanation:

Open-market operations is a term that is used to describes a form of arrangement or process used as monetary policy, whereby the federal government through federal reserves basically trade the nation's treasury securities for the purpose of controlling the flow of in the economy, on the open market.

Hence, the tool of monetary policy the Fed uses to increase the federal funds rate from 1 percent to 1.25 percent is called OPEN-MARKET OPERATIONS

If individuals forecast future prices by examining the rates of inflationof the present and recent past, they are using:
a. adaptive expectations
b. rational expectations
c. inflationary
d. structural expectations

Answers

Answer:

a. adaptive expectations

Explanation:

When we say someone is using adaptive expectations, it means that they are using past events or experiences in order to predict future behaviors or trends. This methodology is commonly used to predict inflationary rates and how they affect the prices of assets in the future. Generally people will believe that past events will tend to repeat themselves in the future.

Which of the following statements is true?A. A government free of corruption is an example of a bad institution.B. Human creativity allows for existing products to improve.C. Wealthy countries tend to have fewer innovative individuals.D. Wealthy nations tend to have weak institutions.

Answers

Answer:

I think the most suitable answer to this question can be option B. As everything is below human creativity.

Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows:__________.
Average Cost Per Unit
Direct materials $ 5.40
Direct labor $ 2.90
Variable manufacturing overhead $ 1.60
Fixed manufacturing overhead $ 4.00
Fixed selling expense $ 2.40
Fixed administrative expense $ 2.10
Sales commissions $ 1.10
Variable administrative expense $ 0.55
1. For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units? (Do not round intermediate calculations.)
2. For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units? (Do not round intermediate calculations.)
3. If 8,000 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.)
4. If 12,500 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.)
5. If 8,000 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? (Do not round intermediate calculations.)
6. If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? (Do not round intermediate calculations.)
7. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced?
8. If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.)
9. If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?
10. If 12,500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?
11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places and other answers to the nearest whole dollar amount.)
12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places and other answers to the nearest whole dollar amount.)
13. If the selling price is $21.40 per unit, what is the contribution margin per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
14. If 12,000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production? (Do not round intermediate calculations.)
15. What incremental manufacturing cost will Martinez incur if it increases production from 10,000 to 10,001 units? (Round your answer to 2 decimal places.)

Answers

Answer:

Martinez Company

1. Total amount of product costs for 10,000 units:

= 10,000 * $13.90

= $139,000

2. Period costs for 10,000 units:

= 10,000 * $6.15

= $61,500

3. Variable cost per unit of 8,000 produced and sold:

= $11.55

4. Variable cost per unit of 12,500 produced and sold:

= $11.55

5. Total variable costs for 8,000 units produced and sold:

= 8,000 * $11.55

= $92,400

6. Total variable costs for 12,500 units produced and sold:

= 12,500 * $11.55

= $144,375

7. Average fixed manufacturing cost per unit produced for 8,000 units:

= $4.00

8. Average fixed manufacturing cost per unit produced for 12,500 units:

= $4.00

9. Total fixed manufacturing cost for 8,000 units:

= 8,000 x $4.00

= $32,000

10. Total fixed manufacturing cost for 12,500 units:

= 12,500 x $4.00

= $50,000

11. Total amount of manufacturing overhead costs for 8,000 units:

= 8,000 * $5.60

= $44,800

per unit = $5.60

Variable manufacturing overhead = $1.60

Fixed manufacturing overhead =     $4.00

Total per unit =                                  $5.60

12. Total amount of manufacturing overhead for 12,500 units:

= 12,500 x $5.60

= $70,000

per unit = $5.60

Variable manufacturing overhead = $1.60

Fixed manufacturing overhead =     $4.00

Total per unit =                                  $5.60

13. Contribution margin per unit:

Selling price =                                          $21.40

Variable manufacturing cost per unit =  $9.90

Contribution margin per unit                  $11.50

14. Total amounts of direct and indirect manufacturing costs for 12,000 units:

Direct manufacturing costs = $9.90 x 12,000 =   $118,800

Indirect manufacturing costs = $4.00 x 12,000 = $48,000

15. Incremental manufacturing cost if Martinez increases production from 10,000 to 10,001:

= $9.90

Explanation:

a) Data and Calculations:

Average Cost Per Unit

Direct materials                              $ 5.40

Direct labor                                     $ 2.90

Variable manufacturing overhead $ 1.60

Total Variable Costs per unit        $ 9.90

Fixed manufacturing overhead    $ 4.00

Total product cost per unit          $13.90

Period Costs:

Fixed selling expense                   $ 2.40

Fixed administrative expense       $ 2.10

Sales commissions                         $ 1.10

Variable administrative expense $ 0.55

Total period costs  per unit           $6.15

All Variable costs:

Variable production costs             $9.90

Sales Commission                           $1.10

Variable administrative expense $ 0.55

Total Variable costs                      $11.55

All Fixed Costs:

Fixed manufacturing overhead    $ 4.00

Fixed selling expense                   $ 2.40

Fixed administrative expense       $ 2.10

Total fixed costs per unit               $8.50

The total amount for the product cost incurred will be $139000.

The period cost for 10000 units will be $61500. If 8,000 units are produced and sold, the variable cost per unit produced and sold will be $11.55. If 12,500 units are produced and sold, the variable cost per unit produced and sold will be $11.55.

If 8,000 units are produced and sold, the total amount of variable costs that are related to the units produced and sold will be $92400.

The total variable cost for 12500 units will be $144375. The average fixed manufacturing cost for 8000 units and 12500 units will be $4.00.

The total fixed manufacturing cost for 8000 units and 12500 units will be $32000 and $50000 respectively.

The total amount of manufacturing overhead costs for 8000 units will be;

= 8000 × $5.60

= $44800

The total amount of manufacturing overhead for 12500 units will be:

= 12500 × $5.60

= $70000

The contribution margin per unit will be:

= Selling price - Variable manufacturing cost per unit.

= $21.40 - $9.90

= $11.50

The total amount of direct manufacturing cost will be:

= $9.90 × 12000 = $118800

The total amount of indirect manufacturing cost will be:

= $4.00 × 12000 = $48000

Lastly, the incremental manufacturing cost will be $9.90.

Learn more about fixed cost on:

https://brainly.com/question/3636923

eco 203 According to monetarists, if the money supply expands, how are households most likely to respond

Answers

Answer:

They will spend it

Explanation:

According to Monetarists, when money supply increases/expands, economic activity will increase. That means households will respond to such change by spending it.

The Monetarist Theory is an economic concept which postulates that when there is a change in money supply, the rate of economic growth and behavior of business cycle is determine.

e. Which country has a comparative advantage in producing cars? f. Which country has a comparative advantage in producing grain?

Answers

Answer:

Comparative advantage in Cars - JapanComparative advantage in grain - America

Explanation:

The country that has a competitive advantage in producing something is the one that has less opportunity cost when they do so. In other words, they give up less of another good in order to produce a good.

The Japanese can either produce 4 cars or 5 tons of grain in a year. If they forgo 1 car therefore they produce 5/4 = 1.25 tons of grain per year.

If Americans forgo 1 car they produce 10/4 = 2.5 tons of grain.

Japan has a lower opportunity cost producing cars so they have a comparative advantage.

For Japan to produce 1 ton of grain they will forgo 5/4 = 0.8 cars. For Americans to produce 1 ton of grain they will forgo 4/10 = 0.4 cars.

America has a lower opportunity cost producing grain so they have a comparative advantage.

Ames Trading Co. has the following products in its ending inventory.
Product Quantity Cost per Unit Market per Unit
Mountain bikes 30 $700 $650
Skateboards 26 230 260
Gliders 12 870 830
Compute lower of cost or market for inventory applied separately to each product.

Answers

Answer:

Product                 Qty    Cost     Market      LCM           Result

Mountain Bikes      30     $700    $650       30*650      $19,500

Skateboards           26     $230    $260       26*230      $5,980

Gliders                     12     $870     $830       12*830      $ 9,960

Lochmere Corporation is evaluating a taxable bond at 7% and a municipal bond at 5.75%. What is the break-even tax rate?

Answers

Answer:

18%

Explanation:

Lochemere is evaluating a taxable bond at 7%

= 7/100

= 0.07

The municipal bond is 5.75%

= 5.75/100

= 0.0575

Therefore the break even tax rate can be calculated as follows

Municipal bond = taxable bond × (1-tax rate)

0.0575= 0.07 × (1-t)

0.0575= 0.07(1-t)

1-t= 0.0575/0.07

1-t = 0.82

t= 1-0.82

t= 0.18×100

t= 18%

Hence the break-even tax rate is 18%

After a papercut, activated platelets release chemical signals to activate more platelets. In this example, the chemical signal is the of a feedback loop.
a. Set point
b. Effector
c. Receptor
d. Metabolism

Answers

Answer:

a. Set point

Explanation:

Homeostasis is the maintenance of internal body environment within a given range.

The set point is the range around which normal body environment should be. For example the set point for body temperature is 37°C. The body works to maintain temperatures around this value.

When a stimulus happens the sensory organs sends the final to the control center.

The control centre ascertains if condition is around the set point.

It then sends signals to the effector to restore balance.

So when platelets release chemical signals to activate more platelets, it is a set point feedback loop trying to restore normal conditions.

Which law most likely prompted organizations to create codes of ethics and install ethics hotlines?
A) Corporate and Auditing Accountability, Responsibility, and Transparency Act.
B) Federal Sentencing Guidelines for Organizations Act.
C) Procurement Integrity Act.
D) McCarran-Ferguson Act.

Answers

Answer:

B) Federal Sentencing Guidelines for Organizations Act.

Explanation:

The Federal Sentencing Guidelines for Organizations Act (FSGO) was passed on November, 1991, and it provides a guideline for organizations' compliance and ethics programs. It applies to virtually all types of private organizations, including corporations, partnerships, non-profits, labor unions, etc.

Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,292,384 as follows. Work in process, November 1 Materials $78,900 Conversion costs 48,300 $127,200 Materials added 1,598,460 Labor 225,200 Overhead 341,524 Production records show that 35,200 units were in beginning work in process 30% complete as to conversion costs, 663,700 units were started into production, and 25,900 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process.Required:a. Determine the equivalent units of production and the unit production costs for the Assembly Department.b. Determine the assignment of costs to goods transferred out and in process.c. Prepare a production cost report for the assembly dept.

Answers

Answer:

Rivera Company

a1) Equivalent Unit

                                   Materials           Conversion

Started & completed     673,000            673,000

WIP                                   25,900               10,360

Equivalent Units            698,900             683,360

a2) Cost per equivalent unit:

                                     Materials           Conversion   Total Costs

Costs added                $1,598,460          $566,724

Beginning WIP                    78,900               48,300

Total costs                   $1,677,360           $615,024

Equivalent Units              698,900             683,360

Costs per equivalent        $2.4                   $0.90               $3.30

Costs attributable:

                                          Materials           Conversion    Total Costs

Started and completed $1,615,200          $605,700      $2,220,900

WIP, November 30              62,160                  9,324               71,484

Total costs                    $1,677,360            $615,024      $2,292,384

c. RIVERA COMPANY

Assembly Department

Production Cost Report

For the month ended November 30,2020

                                                                     Equivalent units  

            Quantities               Physical Unit    Materials   Conversion  Costs  

Units to be accounted for:    

Work in process, November  1  35,200    

Started into production           663,700    

Total units                          698,900    

Units accounted for:    

Transferred out                  673,000           673,000  673,000  

Work in process, Nov. 30    25,900             25,900     10,360  

Total units                          698,900   698,900  683,360  

Costs                   Materials Conversion  Costs     Total

Unit costs    

Total costs          $1,677,360        $615,024       $2,292,384

÷ Equivalent units      698,900          683,360  

= Unit costs                 $2.40             $0.90          $3.30

Costs to be accounted for:    

Work in process, November 1      $127,200

Started into production                    $2,165,184

  Total costs             $2,292,384

 

Cost reconciliation Schedule

Cost s accounted for:    

Transferred out    $2,220,900

Work in process, November 30    

Materials                          $62,160

conversion costs            $9,324

Total costs            $2,292,384

Explanation:

a) Data and Calculations:

Total Assembly Department costs = $2,292,384

WIP, November 1:

Materials             $78,900

Conversion costs 48,300

Total                  $127,200

Materials added 1,598,460

Labor                    225,200

Overhead              341,524

Units in production:

WIP, November 1 = 35,200

Completion 30% Conversion

Started = 663,700

Ending WIP 25,900

Completion  = 40% conversion

b) The equivalent unit of production is the percentage of completion that has been achieved for each stage of the process.  It is calculated by applying the percent of work done on the units of production.  This is then used to determine the costs per equivalent unit and the costs to be attributable to the ending work in process and the units that have been completed.

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