Answer:
$175,000
Explanation:
Conversion costs are production costs that must be incurred in order to change raw materials into products.
Therefore, we have:
Total of the conversion costs = Cost of clay used in production + wages paid to the workers who paint the figurines = $76,000 + $99,000 = $175,000
Answer:
c. A budget based on 49,000 units
Explanation:
Static budget is for 45,000 units,
Further with the information budget prepared with closest activity level, is the budget for 49,000 units as actual production is 50,000 units,
Therefore the actual comparison and analysis shall be based on this budget of 49,000 units as this is relatively most accurate and near by cost for each units produced.
Correct option is
c. A budget based on 49,000 units
Answer: Nominal interest rate.
Explanation:
Nominal interest rate is the interest rate before inflation is taken into account.
Nominal interest rate is also the advertised or interest rate stated on a loan, without adding any other fees or compounding the interest.
The nominal interest rate is quoted on bonds, loans etc. It is the advertised rate without taking into cognisance inflation, inflation, taxation and compounding interest.
Answer:
Explanation:
The problem is that BoP automakers are being kept side by institution-based barriers in China. automakers that are in foriegn countries never worry about preferential treatment of the BoP automakers. The Lessons learnt from indigenous reverse innovation are use of all available resources , use of minimal energy such as fuels Have the indigenous cars for the rural areas continuous recycling of the old vehicles .
Answer:
Consider the following calculations
Explanation:
A - Increase in oil prices decreases SRAS (SRAS shifts to the left) and increase in consumer confidence will increase AD (AD will shift to the right).
B - Household wealth falls, as a result AD will decrease (AD shifts to the left) and firms expect the price level to fall - decrease in firm's expectations about future price will cause forms to increase aggregate supply now. As a result, SRAS shifts to the right.
C - Federal reserve cuts interest rate, Therefore cost of borrowing decreases, investment increases, aggregate demand increases. AD shifts to the right.
New technology makes workers more productive. Aggregate supply increases. SRAS shifts to the right.
D - Both AD and SRAS shifts to the left.
