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2 years ago

The measure used to report price changes at the wholesale level is the:

Business

1 answer:

ivanzaharov [21]2 years ago

5 0

The measure used to report price changes at the wholesale level is the "Producer Price Index (PPI)".

The producer price index (PPI) is a group of indexes that estimates the normal change in offering costs gotten by household makers of merchandise and enterprises after some time. The PPI estimates value changes from the point of view of the seller and varies from the buyer value record (CPI), which estimates value changes from the buyer's viewpoint. The PPI thinks about three regions of generation: industry-based, product based and item based last interest transitional interest. It was known as the discount value file, or WPI, until 1978.

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A farmer sells $25,000 worth of apples to individuals who take them home to eat, $50,000 worth of apples to a company that uses

forsale [732]

Answer:

$25,000

Explanation:

Now, to get the amount of farmer's sale of that which will be included as apples in GDP.

The farmer’s sales of worth $25,000 will be included as apples in GDP, as the farmer sells the apples to individuals who take them to eat.

GDP is abbreviated as gross domestic product.

GDP represents the goods and services produced within the country over a particular time. The economists used it to determine whether the country is facing recession or having a growth.

As, the $25,000 worth of apples of the farmer's sale is the monetary value of the apples produced by the farmer in the country to sell to individuals for their consumption in their home. As private consumption is one of largest part of GDP.

Thus, the farmer's sales that will be included as apples in GDP is $25,000 worth of apples, as the farmers sells these apples to individuals who take them home to eat.

8 0

2 years ago

A.J. And April Couch just opened a computer store in a small community. Before opening the store, they listened to their SBA cou

SVETLANKA909090 [29]

Answer: about two out of three small firms close within five years of their founding

Explanation:

According to a research that was done, it was found that out of three small firms, two close within the first five years they were established.

The reasons that were said to have caused this failure were funding challenges, faulty business model, inadequate management team and marketing initiatives that were unsuccessful.

Therefore, small business owners sgoutd try as much as possible to curtail risks that could possibly lead to the downfall of the business and also make sure the consumers are willing to purchase the product at the price given and that the product satisfies their needs.

7 0

2 years ago

Knowing she has sold 5,000 pairs, assume the company wants to launch a Black Friday promotion, where she would discount her shoe

jenyasd209 [6]

Revenue: $500,000

Shoes: $250,000

Shoe boxes: $1,000

Advertising: $500

Rent: $1,000

Depreciation: $25

Knowing she has sold 5,000 pairs, assume the company wants to launch a Black Friday promotion, where she would discount her shoes by 10%. How many more shoes would she have to sell to justify this promotion?

A. 25.13% more shoes

B. 20.08% more shoes

C. None of the above, but I could calculate this with the information I am given.

D. None of the above, I cannot calculate this with the information I am given.

Answer:

Option A. 25.13% more shoes

Explanation:

Cost Benefit analysis would be useful here to acknowledge what percentage of shoe sales is required to justify the promotion.

The Benefit drawn before 10% promotion proposal:

Revenue: $500,000

Shoes: ($250,000)

Shoe boxes: ($1,000)

Advertising: ($500)

Rent: ($1,000)

Depreciation: ($25)

Profit $247,475

The Benefit drawn before 10% promotion proposal:

Revenue: $450,000

Shoes: ($250,000)

Shoe boxes: ($1,000)

Advertising: ($500)

Rent: ($1,000)

Depreciation: ($25)

Profit $197,475

Now we can calculate how much additional sales must be required to justify the promotion.

Sales Increase Required = (Initial Profit - Before Promotion) / Profit After Promotion

Sales Increase Required = ($247,475 - $197,475) / $197,475

Sales Increase Required = 25.31% which is close to option 1, hence Option 1 is correct here.

3 0

2 years ago

Lacy, Inc., produces a subassembly used in the production of hydraulic cylinders. The subassemblies are produced in three depart

meriva

Answer:(1)unit to be accounted for $730,000 (2) Equivalent unit of production Direct Materials $750,000, conversion cost $742,800 (3) unit cost for Direct materials $8, unit conversion cost $1.39 Total manufacturing cost $7,838,400 (4)unit accounted for $730,000, cost assigned to unit in ending inventory $12,800,journal entry Dr: work in process plate cutting $7,838,400, Cr: Work in process welding $7,838,400

Explanation:

(1) Physical flow schedule

Unit to be accounted for

Beginning work in process 750,000

---------------

Total unit accounted for. 750,000

Less: Ending inventory. 20,000

--------------

Unit accounted for transfer out. 730,000

(2)

Direct Materials. Conversion cost

Transfer out 730,000. 730,000

WIP(20,000 * 100%) 20,000

(20,000 * 64%) 12,800

-------------- -------------

750,000. 742,800

---------------- --------------------

(3) Unit cost of production

Unit Direct Materials Cost = Total material cost / Equivalent cost

= 6,000,000 / 750,000

= $8

Unit conversion cost = unit conversion cost / Equivalent unit of conversion cost

Unit conversion cost = Direct Labour + Cost of inspection

= 732,000 + 299,200

= 1,031,200 / 742,800

= 1.388

= $1.39

Total manufacturing cost

Direct Materials 6,000,000

Add:Purchases. 800,000

Add:Direct labour. 732,000

-----------------

Prime cost. 7,532,000

Add: Overhead. 299,200

Add: Beginning work in process 20,000

Less: Ending work in process. 12,800

---------------

Total manufacturing cost. 7,838,400

-----------------

(4) Unit accounted for transfer out = $730,000

Cost assigned to unit in ending inventory = $12,800

Journal entry

Dr: work in process plate cutting $7,838,400

Cr: Work in process welding $7,838,400

8 0

2 years ago

Pioneer Chicken advertises "lite" chicken with 30% fewer calories than standard chicken. When the process for "lite" chicken bre

zubka84 [21]

Answer:

$LL = 420 -3\frac{25}{\sqrt{25}}= 405$ represent the lower limit

$UL = 420 +3\frac{25}{\sqrt{25}}= 435$ represent the Upper limit

So then the limits for this case are (405, 435)

Explanation:

Let's define X as our random variable that represent the "number of calories for a chicken breast", and we have the following data:

$\bar X = 420 , \sigma= 25$

The select a sample of 25 chickens , n = 25. And we want to find the limits for a confidence interval within 3 deviations from the mean with z =3.

We assume that the distribution for X is normal. So then the distribution for the sample mean is also normal.

And for this case the confidence interval would be given by:

$(\bar X -z\frac{\sigma}{\sqrt{n}} < \mu < \bar X -z\frac{\sigma}{\sqrt{n}})$

So the limits are defined as:

$LL = \bar X -z\frac{\sigma}{\sqrt{n}}$ represent the lower limit

$UL = \bar X +z\frac{\sigma}{\sqrt{n}}$ represent the Upper limit

Since we have all the values given we cn replace like this:

$LL = 420 -3\frac{25}{\sqrt{25}}= 405$ represent the lower limit

$UL = 420 +3\frac{25}{\sqrt{25}}= 435$ represent the Upper limit

So then the limits for this case are (405, 435)

5 0

2 years ago