Ask question

Ask question

All categories

2 years ago

7

. In the nation of Foxystan, a $1000 increase in consumer spending typically causes GDP to rise by $5000. The marginal propensit

y to save in Foxystan is equal to

1 answer:

AnnZ [28]2 years ago

3 0

Answer:

Explanation:pog

You might be interested in

Thompson Aeronautics repairs aircraft engines. The company’s Purchasing Department supports its two departments, Defense and Com

Rudik [331]

Answer:

a. cost charge to each division using number of purchase orders as basis of allocation

total cost = $7.7million

Total number of orders

Defense division = 9,200

Commercial division = <u>36,800</u>

<u>46,000</u>

cost per order = $7,700,000/ 46,000

= $167.74

Defense division = $167.74*9,200 = $1,540,000

Commercial division = $167.74 * 36,800 = $6,160,000

b. Cost charge to each division using dollar amount of purchases as basis of allocation

Total amount of purchase by the departments

Defense division = $148,000,000

Commercial division= <u>222,000,000</u>

<u>370,000,000</u>

cost per division :

Defense division = <u>$148,000,000 </u> * $7,700,000

$370,000,000

= $3,080,000

Commercial division = <u>$222,000,000</u> * $7,700,000

$370,000,000

= $4,620,000

c. The method used in determining the price by each division does not have any impact in the selection of basis of allocating cost to each division.

Explanation:

8 0

2 years ago

Next year’s sales forecast shows that 20,000 units of Product A and 22,000 units of Product B are going to be sold for prices of

Lena [83]

Answer:

The budgeted production of Product A for the year would be is 20,400 units

Explanation:

Since in the question, the ending inventory is 20% higher than beginning inventory.

So,

Let us assume the beginning inventory is based on 100. So, for ending inventory it would be 100 + 20 = 120

Now,

Method 1 : Ending inventory = 2,000 × 120 ÷ 100

= 2,400

Method 2 : Ending inventory = 2000 + 2000 × 20%

= 2000 + 400

= 2400 units

In both the methods, the answer is same

After considering the ending inventory, the budgeted could be calculated by using the equation which is shown below:

= Ending inventory + Forecast sales - beginning inventory

= 2,400 + 20,000 - 2,000

= 20,400 units

Thus, budgeted production of Product A for the year would be is 20,400 units.

3 0

2 years ago

A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you t

kotegsom [21]

Answer: (1) 700 pizzas

(2) Its revenue increases by $2600.

Explanation:

Given that,

price elasticity of demand for his pizza = -4

Percentage change in price = 10%

Initial Quantity, $Q_{0}$ = 500 Pizzas

Elasticity of demand = $\frac{Percentage\ change\ in\ quantity }{Percentage\ change\ in\ price }$

-4 = $\frac{Percentage\ change\ in\ quantity }{0.1 }$

$\frac{Percentage\ change\ in\ quantity }$ = -4 × 0.1

$\frac{Q_{1}-Q_{0}}{Q_{0}}$ = 0.4

$\frac{Q_{1}-500}{500}$ = 0.4

∴ $Q_{1}$ = 700

Initial price, $P_{0}$ = $20

Changed price, $P_{1}$ = $18

Revenue at t = 0

$P_{0} Q_{0}$ = 500 × 20 =$10000

Revenue at t = 1

$P_{1} Q_{1}$ = 700 × 18 = $12600

Therefore, from the above calculations it was seen that his revenue increases by ($12600 - $10000)= $2600 and its sales increases to 700.

8 0

2 years ago

The following transactions are July activities of Bennett’s Bowling, Inc. Bennett’s collected $13,100 from customers for games p

defon

Answer: This is a lot to read , and I dont feel like reading it , plus im in 8th grade I dont understand this tbh :(

Explanation:

5 0

2 years ago

Crafty Cookbooks Inc. is a large publisher that focuses on developing cookbooks with recipes from around the world. Recently, si

Gekata [30.6K]

Answer:

Job enlargement strategies increase job satisfaction more than job rotation strategies

Explanation:

The job enlargement refer to do multiple task at the same time. It includes more responsibilities and duties at the same level in the organization so that the employee cant bore from their day to day work. It reduces the boredom of the employees at the time time it also focuses on the employee satisfaction level.

Whereas the job rotation means the switching of job from one job to another so that they grow in near by future.

In the given situation, the Crafty cookbooks change its working way due to which many employees are frustrated which results into the quitting of job, firing of employees, etc that represents the job enlargement with job satisfaction and more than job rotation

8 0

2 years ago