Answer: Absolute reference
Explanation:
When working on the computer system using Microsoft Excel and the operator wants to fix the position of a chosen cell in any formula in order for there not to be a change in value whenever the cell is changed or when the formula is copied to other sheets or cells, ABSOLUTE REFERENCE is used.
To use absolute reference, the dollar (“$”) sign is placed before and after the name of the column of the chosen cell. It can also be done by typing F4 key as this will cover the column name with the dollar sign. Since Ellen's monthly income is thesame, she can use an absolute reference.
Answer:
The answer is: The total value of GDP is $2 Billion
Explanation:
The formula for calculating GDP is:
GDP = C + I + G + (X – M) = $1,000 MM + $200 MM + $600 MM + $200 MM
GDP = $2,000 MM (or $2 Billion)
- consumption: $1 billion ($400 MM consumers + $600 MM businesses)
- investment: $200 MM (change in inventories)
- government: $600 MM
- exports - imports: $200 MM (no imports)
Answer:
Estimated manufacturing overhead rate= $50 per machine hour
Explanation:
Giving the following information:
The machining department uses machine hours as its allocation base and has 80,000 machine hours. The machining department is assigned overhead costs of $4,000,000.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 4000000/80000= $50 per machine hour
Answer:
6) H0: μ≥ 7.4 versus H1: μ< 7.4
7) - 1.28
8) - 1.50
