Answer:
$800 million
Explanation:
GDP = consumption (C) + investment (I) + government spending (G) + Net Export (NX)
Y = C + I + G + NX
The number of computers left is
= 1,000,000 - 200,000 (household) - 300,000 (businesses) - 300,000 (government) - 100,000 (Foreign)
= 100,000
This worth 100,000 × $2,000 = 200 million
300,000 computers × $2,000 = 600 million
Total of these two = 200 + 600 million
= 800 million
Therefore, the value of the investment component of GDP is $800 million.
Answer:
PeopleMag cannot report a gain on the sale of land for 2007 or 2008 in the consolidated financial statements
Explanation:
PeopleMag cannot report a gain on the sale of land for 2007 or 2008 in the consolidated financial statements. The land must be reported on the consolidated balance sheet at its original cost of $75,000. The intercompany gain is unrealized and is eliminated. In 2009, the entire gain of $45,000 ($120,000 - $75,000) is realized and recognized when the land is sold to an outside party.
<span>d. need; demand
Thirst is a need rather than a demand or want, since we need regular fluid intake for our survival and optimum functioning. A choice of ice tea is a demand rather than a want or need because a want or need does not involve the ability to afford the ice tea. Demand on the other hand involves the desire and ability to buy a product.
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Answer:
Correct answer is A.
<u>$14.38 per direct labor-hour</u>
Explanation:
If the budgeted direct labor time for December is 8,000 hours, then total budgeted factory overhead per direct labor hour is (rounded):
Total budgeted factory overhead for December= Variable Factory Overhead rate per direct labor hour * budgeted direct labor time for December + Fixed Factory Overhead per month
Total budgeted factory overhead for December = 5*8000 + 75000
Total budgeted factory overhead for December = $ 115,000
Total budgeted factory overhead per direct labor hour = Total budgeted factory overhead for December/budgeted direct labor time for December
Total budgeted factory overhead per direct labor hour = 115000/8000
Total budgeted factory overhead per direct labor hour = 14.38
