Answer: $17,000
Explanation:
Produced =400 x $20= $8000
Tire shop bought = 300 x$20 =$6000
Household bought =300 x$50 =$15000
Household - Tire shop = $15000 - $6000 =$9000
GDP= $9000+ $8000 =$17000
Answer:
For each one percent increase in the interest rate, amount of deposit increases by 11.145%
Explanation:
To obtain the amount rate at which deposit increase per percentage increase in interest rate ;
We obtain the slope Coefficient of the regression equation between the amoub of deposit and interest rate paid.
From the result of the analysis given ;
The slope Coefficient of X, interest rate % is 11.145
Hence, For each one percent increase in the interest rate, amount of deposit increases by 11.145%
Answer and Explanation:
The journal entry is shown below:
Cash $8,200
To Notes receivable $8,000
To Interest revenue ($8,000 × 10% × 90 days ÷ 360 days) $200
(being the collection of notes is recorded)
For recording this we debited the cash as it increased the asset and credited the notes receivable and interest revenue as it decreased the assets and increased the revenue
Answer:
Total cost = Total ordering cost + Total holding cost
Total cost = DCo + QH
Q 2
Where
D = Annual demand
Co = Ordering cost per order
Q = EOQ
H = Holding cost per item per annum
D = 40,000 units
Co = $48
H = 18% x $8.00 = $1.44
EOQ = √2DCo
H
EOQ = √2 x 40,000 x $48
$1.44
EOQ = 1,633 units
Explanation:
EOQ equals 2 multiplied by annual demand and ordering cost divided by holding cost per item per annum. The holding cost per item per annum is calculated as holding cost rate multiplied by unit cost.
Answer:
Check the explanation
Explanation:
Labor Input is an indicator the pointer characterizing the labor expressed expenditure in man-hours on a production of a particular consumer value or on a technical operation.
Total product is the total amount of output that a firm produces; it is usually stipulated in relation to a variable input.
Marginal Product is the physical efficiency or productive ability of an input in the change in output which results from employing one more unit of a particular input, presumptuous that the amounts of other inputs are kept constant.
Average Product is the amount of the overall output that was being produced per unit of a variable input, holding all other inputs at a constant rate.
The graphical solution to the question above can be seen in the attached image below.
