Residents of a small nation, Paulastan, idolize the TV show American Idol. All they produce and consume are karaoke machines and CDs. The chart below shows the price and quantity of each good sold in 2015 and 2016.

Karaoke Machines CDs
Quanriry Price Quantity Price
2015 10 $40 30 $10
2016 12 $60 50 $12

Required:
a. Using a method similar to GDP deflator, compute the percentage change in the overall price level. Use 2015 as the base year.
b. Using a method similar to the consumer price index, compute the percentage change in the overall price level. Also, use 2015 as the base year and fix the basket at 1 karaoke machine and 3 CDs.
c. Is the inflation rate in 2016 the same using the two methods? Explain why or why not.

Answers

Answer 1

Answer:

A. 37.14

B. 34.70%

C. Not the same

Explanation:

a) Computation of the percentage change in the overall price leve

in 2015 basket price = 1*40+3*10 = $70

in 2015, basket price = 1*60+3*12 = $96

taking 2015 as base year

CPI in 2015 = 70/70 * 100 = 100

CPI in 2016 = 96/70 *100 = 137.14

%age change in price level = 137.14 - 100 = 37.14

b) Computation of the percentage change in the overall price level

GDP deflator = nominal GDP/real GDP * 100

in 2015 : (2015 as base year)

nominal GDP = 10*40+30*10

nominal GDP= $700

real GDP = 10*40+30*10

real GDP = $700

GDP deflator = 700/700 *100

GDP deflator = 100

in 2016 :

nominal GDP = 12*60+50*12

nominal GDP = $1320

real GDP = 12*40+50*10

real GDP = $980

GDP deflator = 1320/980 *100

GDP deflator = 134.70

%age change in price level based on GDP deflator = 134.70 - 100

%age change in price level based on GDP deflator = 34.70%

c) Based on the above calculation for the two methods the inflation rate in 2016 are not the same using the two methods reason been that CPI is 37.14% and GDP deflator is 34.70% .


Related Questions

Help with this please

Help with this please

Answers

The labour force is made up of: 40,500,000 + 10,500,000 = 51,000,000. Y = 384.61 million dollars, 638.89 million dollars, 812.5 million dollars, 530.61 million dollars, and 1235.29 million dollars.

The MPC multiplier formula is what?

C / Y, where C is the change in consumption and Y is the change in income, is the formula for calculating the marginal propensity to consume. If consumption increases by 80 cents for every dollar of additional income, MPC equals 0.8 / 1 = 0.8.

Plugging in the given values, we get: ∆Y = (180 / (1 - 0.35)) + (0.35 / (1 - 0.35)) * 180

∆Y = (180 / 0.65) + (0.35 / 0.65) * 180

∆Y = 276.92 + 107.69

∆Y = 384.61 million dollars

Plugging in the given values, we get: ∆Y = (230 / (1 - (0.27 + 0.37)))

∆Y = (230 / 0.36)

∆Y = 638.89 million dollars

∆Y = (325 / 0.4)

∆Y = 812.5 million dollars

Plugging in the given values, we get: ∆Y = (525 / (1 - (0.15 * 0.35 * 0.27)))

∆Y = (525 / 0.9889)

∆Y = 530.61 million dollars

Using the foreign trade multiplier formula given in question 1, we get: ∆Y = (dX / (1 - c - m))

Plugging in the given values, we get: ∆Y = (420 / (1 - 0.36 - 0.3))

∆Y = (420 / 0.34)

∆Y = 1235.29 million dollars

The labour force is made up of both employed and jobless people who are looking for work. Therefore, the labor force is: 40,500,000 + 10,500,000 = 51,000,000.

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Customers might sometimes describe contradictory needs

Answers

Customers might sometimes describe contradictory needs which means Option C. Customers sometimes describe needs that oppose each other.

When customers require two different things that cannot be addressed by the same product, it is referred to as a conflicting requirement. There are many reasons why customers may have conflicting needs. Some customers might have a requirement for a product to be both inexpensive and of high quality, for example. Others may desire a product that is both small and powerful. Customers may sometimes find it difficult to articulate what they want, which might result in vague descriptions.

This might make it more difficult for the supplier to provide a solution that satisfies the customer’s needs. Customer service staff must be trained to engage with customers and listen actively to their concerns. They must also be able to identify when there is a contradictory requirement and provide solutions that address the customer's needs in a way that satisfies the customer's expectations while also meeting the supplier's operational needs. Understanding customer needs is an important part of the customer service profession, and it may take some time and effort to develop the necessary skills.

Some customers are very detailed in describing their needs, which can be beneficial for suppliers because it allows them to provide an appropriate solution for the customer. Overall, being aware of conflicting customer requirements is essential in the customer service sector to provide an effective solution. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

Customers might sometimes describe contradictory needs.

A. A customer's needs can sometimes be confusing.

B. Customers might sometimes give vague descriptions.

C. Customers sometimes describe needs that oppose each other.

D. Some customers are extremely thorough in describing their needs.

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While in Chicago for a weekend, Tony's friend suggests that he eat at Michael Jordan's restaurant. Tony is confused as to why Michael Jordan has a restaurant if he isn't a chef. What is likely Michael Jordan's involvement in his restaurant as he is not a chef?

a. He may have financially invested in it, and he has lent his name to the establishment.

b. He is likely learning to cook from the chefs at his restaurant.

c. He likely manages the kitchen on a daily basis.

d. He likely has no involvement, and the owners just used his name.

Answers

A is the correct awnser

While in Chicago for a weekend, Tony's friend suggests that he eat at Michael Jordan's restaurant. Tony

What national FCCLA region is Virginia in

Answers

Together with Puerto Rico and America Samoa, FCCLA is active in associations in 47 states. There is one state or territory-specific FCCLA adviser.

What's an illustration of association?

An association is a "using" connection in which there is no owner and each object has a separate lifespan. Think about a doctor and patient's connection as an illustration. Several patients may be connected to one doctor. the process of associating; the condition of association: connection and combination. a group of people with a shared interest in society that has a lengthy affiliation with the company. The term "NGO" is ambiguous and occasionally used interchangeably with the term "civil society organization," which refers to any group established by citizens. Political parties and labor unions may also be regarded as NGOs in some nations, which refer to them as nonprofit organizations.

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Terrence smiles at his customers, helps his coworkers, and stays late when needed. What personal skill does Terrence demonstrate?

A. Attire
B. Collaboration
C. Human resources
D. Positive attitude

Answers

Answer:The answer is D. Positive Attitude

Explanation:

I just took the test :)

Terence demonstrates the skill of a positive attitude. So the correct option is D.

What is a positive attitude?

When you are optimistic, you look on the bright side of things, you gain confidence, and you anticipate growth and success. A positive outlook is necessary for pleasure, joy, and life advancement.

It denotes having a happy attitude in life. The person who is in this frame of mind experiences brightness, hope, and excitement in their life. Adopting this mentality does not guarantee that things will always go according to plan or that there won't be any obstacles.

However, this perspective guarantees that any obstacle you may have won't stop you or alter your frame of mind. This way of thinking about life would also give you the perseverance to keep trying, failing, and doing your best.

It is quite simple to develop negative thought patterns, doubts, anxieties, and fears, as well as to develop a pessimistic attitude toward life.

Therefore the correct option is D.

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What do you think is the most important skill a judge can possess

Answers

Answer:

The decision making skill because it's hard for a judge to make the right decision.

Which of the following failed to stop the widespread fraud at Wells Fargo

Answers

The widespread fraud at Wells Fargo was not stopped by E. employees' ethics training.

What is employees' ethics training?

Ethics training enables employees to identify and deal with ethical problems.

Occasionally, employees make decisions involving choices or bringing outcomes that may be evaluated as good or bad, right or wrong.

The purpose of ethics training is to eliminate ethical misconduct.

Answer Options:

A. a whistle-blower policy

B. a statement by the CEO

C. a self-reporting policy

D. bonuses for stopping fraudulent behavior by other

E. employees' ethics training

Unfortunately, the widespread fraud at Wells Fargo was not stopped by E. employees' ethics training.

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what is the color of this ?

Answers

color

Explanation:

color is color is a bot I am

explain metacommunication message.

Answers

Answer:

A message that relates to communication about communication is known to it as metacommunication. It involves sending a message that analyses or clarifies the significance of another communication. In other terms, instead of conveying the message itself, it is conveying how a message is delivered.

Saying, "I don't like your tone of voice," for instance, is an example of metacommunication since it refers to the manner in which the information was conveyed rather than its content.

Explanation:

Effective communication includes metacommunication because it assures that the act gives people and comprehends the intended message. By high and clear communication, it can also contribute to the growth of trust and stronger bonds between people.

The context and the relationship between the parties engaged would determine the best channel to use when transmitting a metacommunication message. Delivering the message face-to-face may be suitable in some circumstances, but using written communication techniques such email or a note could be better in the others.

The proper medium for metacommunication can rely on the company culture. Presenting a metacommunication message in person may be more effective, for instance, in a business which places a high value on face-to-face interaction and collaboration.

Finally, metacommunication can be an excellent tool for fostering good communication and developing solid relationships, but it's crucial to choose the correct channel and take the user's surroundings into account.

What you're expressing orally may be supported or contradicted by a secondary declaration of intent called metacommunication. In other words, it's the message you convey to another person through your body language.

What is metacommunication, and how does it work?

Your verbal and nonverbal communication are combined to form metacommunication, according to psychologists. For instance, if you greet someone and then roll your eyes at the same time, they won't think you are genuinely happy to see them.

Which is the most effective instance of metacommunication?

Metacommunication is exemplified by the statement, "I feel like we aren't conversing much lately.

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Which of these is not an example of good practice when differentiating phonological awareness instruction?


a.

Increasing the intensity of instruction by teaching in smaller group sizes.


b.

Expecting all children to be able to produce rhyming words at the same time of the year.


c.

Increasing the intensity of instruction by giving individual children more opportunities to respond.


d.

Supporting children's understanding of an activity by using visual supports.

Answers

The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.

What is good practice?

Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.

Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.

Therefore the correct option is b.

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13) Consider the following information for a particular economy. Total population = 60 million Number of employed 30 million Total labour force = 40 million Natural rate of unemployment = 12% a) Find the total unemployment rate b) Calculate the cyclical unemployment rate​

Answers

Answer:

Explanation:

a) Find the total unemployment rate

Total labour force = 40 million

Number of employed = 30 million

Number of unemployed = 40 - 30 = 10 million

Unemployment rate = (unemployed / Labour force) × 100

Unemployment rate = (10 million / 40 million) × 100 = 25%

b) Calculate the cyclical unemployment rate​

Cyclical unemployment rate = Unemployment rate - natural rate of unemployment

Unemployment rate = 25%

Natural rate of unemployment = 12%

Cyclical unemployment rate = 25 - 12 = 13%

Irfan runs a small business. His business’s total liabilities amount to $200,000. His net profit for the latest accounting period is $50,000. The total value of all the business assets comes to $600,000. What is the debt to asset ratio in the case of Irfan’s business? The debt to assets ratio of Irfan’s business, to two decimal places, is percent.

Answers

Small businesses are either services or retail operations like grocery stores, medical stores, tradespeople, bakeries, and small manufacturing units.

What is the meaning of Small businesses?

Small companies typically offer services or are retail establishments like grocery stores, pharmacies, tradesmen, bakeries, and micro-manufacturing facilities. Small businesses are privately held companies that need less equipment, labor, and cash than larger companies.

The most straightforward type of business is a sole proprietorship. Small businesses are distinct legal entities such as corporations, partnerships, and sole proprietorships that have fewer employees and/or lower yearly income than a regular-sized company. Businesses are considered "small" if they are eligible for government assistance and favorable tax treatment.

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each cushion requires 2 pound of the foam used as stuffing. The company has a policy has a policy that the ending invetory of foam each month must be equal to 15% of the following month's expected production needs. How many pounds of foam does the porch cushioon company need to purchase in auguyst

Answers

Answer:

34,200

Explanation:

Calculation to determine How many pounds of foam does The Porch Cushion Company need to purchase in​ August

Does

First step is to calculate the Opening Inventory

Opening Inventory = (100%-15%)*(18,000*2)

Opening Inventory=85%*36,000

Opening Inventory=30600 pounds

Second step is to calculate the

Closing Inventory = 15%* (12,000*2)

Closing Inventory=15%*24,000

Closing Inventory=3600 pounds

Now let calculate the No of pounds required to purchase using this formula

No of pounds required to purchase = Opening inventory+Closing inventory

Let plug in the formula

No of pounds required to purchase=30,600+3,600

No of pounds required to purchase=34,200

Therefore the amount of pounds of foam that The Porch Cushion Company need to purchase in​ August is 34,200

WILL GIVE BRAINLIEST PLS ANSWER

Kato is getting ready to sign a complicated contract at work. What is the BEST advice for him?

A.
Obtain an exact copy of the contract at the time it is signed.

B.
Don’t waste everyone’s time by reading every single word.

C.
Lawyers are not helpful when dealing with contracts.

D.
Leave blank spaces empty, as they will be filled in after you sign the contract.

Answers

The answer is A, that way you have all the fine print

The best advice for Kato while signing the contract at work is to obtain an exact copy of the contract at the time it is signed. Thus the correct answer is A.

What is the contract?

A contract refers to an agreement chosen by giving an offer and acceptance by both the parties involved with the enforceability of law.

When Kato is getting ready to sign a challenging contract at work, he should make sure to get an exact copy of the document. This helps him to keep evidence so that he can utilize it in future references.

The exact copy of the contract helps him to remember things clearly by revising at home.

Therefore, option A is appropriate.

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PROGRESSIVE
Ompany B needs to hire 30 new employees. Ten percent (10%) of applicants do not
eet the basic business requirements for the job, 12% of the remaining applicants de
ot pass the pre-screening assessment, 23% of those remaining applicants do not
how up for the interview, and 5% of those remaining applicants fail the background
vestigation. How many applicants need to apply in order to meet the hiring target?
30
45
50
Jakelia Lawson
52
Sm

PROGRESSIVEOmpany B needs to hire 30 new employees. Ten percent (10%) of applicants do noteet the basic

Answers

52 applicants need to apply in order to meet the hiring target.

Let the number of applicants need to apply to meet the hiring target be x.

Now,10% of applicants do not meet the basic business requirements

so 90% of applicants meet the basic business requirements

Hence the number of  remaining candidates is = (90/100)x

12% of the remaining applicants don't pass the pre-screening test

so (100-12)=88% of the remaining applicants passed the pre-screening test,

The number of remaining candidates after this step are =                                                                                                               (88/100)*(90/100)x                    

23% of the remaining applicants don't show up for the interview

77% of the remaining applicants  show up for the interview

the number of remaining candidates after this step are =                                                (77/100)*(88/100)*(90/100)x

5% of the remaining applicants failed the background

95% of the remaining candidates passed the background

the number of remaining candidates after all steps are =

                                                        (95/100)* (77/100)*(88/100)*(90/100)x

Now the company needs to hire 30 new employees so the remaining candidates after all the steps must be equal to 30

(95/100)* (77/100)*(88/100)*(90/100)x = 30

0.95*0.77*0.88*0.9x = 30

x = 51.78

The number of candidates must be a whole number so we take the nearest whole number which is 52.

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What dose it mean to be fully human were interacting with others any virtual space like classroom why or why not

Answers

While interacting with others in a virtual space, to be fully human means for instance such as in a classroom, means having the qualities and characteristics inclusive to humanity, even though the medium of communication being virtual.

It involves identifying and embracing our shared humanity and engaging in meaningful connections with other people like friends family colleagues, even though miles apart and can only see by virtual screens.

Emotional connections, sharing knowledge, expression ,communication collaboration cooperation are the various forms. Therefore, virtual experiences though lack sensory and physical aspects of face-to-face interactions, they still provide a platform for human connection, learning, and growth.

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The contraction phase of a business cycle occurs from the

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In a business cycle, the contraction stage starts when:

After the business cycle reaches its peak but before it troughs, a contraction typically happens. Most economists believe that a recession has started when a nation's real gross domestic product (GDP), the most closely watched gauge of economic activity, has decreased for two or more consecutive quarters.

When does the business cycle contract and why?

the stage of the business cycle contraction

Recessions are brought on by shrinkage. 3 A contraction is caused by three different kinds of things. They include runaway inflation, an abrupt rise in interest rates, and a financial crisis.

Quizlet: What does a business cycle contraction mean?

Most economists believe that a contraction happens when a nation's real GDP declines for two or more consecutive quarters. Trough. A trough in economics is a low point in a business cycle or a regional minimum.

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The contraction phase of a business cycle occurs from the peak to the trough. During this phase, economic activity slows down, and there is a decline in various economic indicators such as GDP, employment, and consumer spending.

1. Business cycles refer to the natural fluctuations in economic activity over time. They are characterized by alternating periods of expansion and contraction.2. The contraction phase, also known as a recession or a downturn, begins after the economy reaches its peak. The peak is the highest point of economic activity, where production, employment, and income levels are at their highest.3. In the contraction phase, there is a decline in economic activity, resulting in a slowdown in the overall economy. This decline is reflected in various indicators such as a decrease in Gross Domestic Product (GDP), a rise in unemployment rates, and a decrease in consumer spending.4. During this phase, businesses may experience lower profits, leading to cost-cutting measures such as layoffs and reduced investment. This, in turn, can contribute to a further decline in economic activity.5. The contraction phase is often characterized by negative business sentiment, decreased consumer confidence, and reduced demand for goods and services. These factors can lead to a downward spiral, where reduced spending by consumers and businesses further dampens economic growth.6. Policy measures such as monetary and fiscal policies are often implemented during the contraction phase to stimulate the economy. Central banks may lower interest rates to encourage borrowing and investment, while governments may increase government spending or implement tax cuts to boost consumer spending.

In summary, the contraction phase of a business cycle occurs after the peak and is characterized by a decline in economic activity, including indicators such as GDP, employment, and consumer spending. It is a period of economic slowdown and is often accompanied by negative business sentiment and reduced demand.

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Contrast the role of fixed costs and variable costs in economic decisions about future production and pricing.

Answers

Fixed costs are sunk costs because they are in the past and cannot be altered. For this reason, fixed costs should play no role in economic decisions about future production or pricing. Variable costs typically show diminishing marginal returns, so that the marginal cost of producing higher levels of output rises.

Why is it important to know what are the fixed and variable costs in a production firm?

Based on a detailed understanding of your company's fixed and variable costs, we can establish the price point that will generate a profit for the products or services that you offer. By using this data, you may calculate your break-even point, which is the amount in units or dollars at which total revenues and total costs are equal.

Variable costs often display declining marginal returns, which causes the marginal cost of producing rising amounts of output to rise with these costs. Variable costs vary depending on how much is generated. Examples of variable expenses include raw materials, commissions, and labour.

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Write the quadratic equation in standard form that corresponds to the graph shown below.

Write the quadratic equation in standard form that corresponds to the graph shown below.

Answers

The quadratic equation of the graph in standard form is y = x² + 2x - 8

What is a quadratic equation in standard form?

A quadratic equation in standard form is given by y = ax² + bx + c

Given the graph below, to write the quadratic equation for the graph in s tandard form, we notice that the graph has two x - intercepts at

(-4, 0) and(2, 0)

The x - intercepts are the roots of the quadratic equation.

So, we have that

x = -4 andx = 2

So,

x + 4 = 0 andx - 2 = 0

So, the factors of the quadratic equation are

x + 4  andx - 2

So, multiplying the factors, we have that the equation is

y = (x + 4)(x - 2)

= x² - 2x + 4x + 4 × (-2)

= x² - 2x + 4x - 8

= x² + 2x - 8

So, the quadratic equation is y = x² + 2x - 8

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The most common measure of inflation is a static called the _____
1. Nominal measurement
2. Consumer price index
3. Anual rate
4. US Bureau of Labor Statistic

Answers

Explanation:

The most common measure of inflation is a statistic called the Consumer Price Index (CPI).

The production of 0d submarines and 0a hospitals..
A) Increases the available resources
b) is productively efficient given the available resources
c) is productively impossible given the available resources
d) is productively ineffient given the available resources.

The production of 0d submarines and 0a hospitals..A) Increases the available resourcesb) is productively

Answers

The production of 0d submarines and 0a hospitals  is productively in effient given the available resources. The answer is OPTION D.

When a company isn't producing at its lowest possible cost per unit, it exhibits inefficient production. The average cost of production, or unit cost, is calculated by dividing all production costs by the quantity of units produced. An economy might produce a lot of boots with low manufacturing costs.

If they were all for the left foot, it would be allocatively inefficient because no one would profit from this. When a different resource allocation may boost output of any good by even one unit while maintaining the same level of other products, that resource allocation may be deemed inefficient.

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what is micro economy

Answers

Small economy I think or up close economy
Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.

Example:
How a local business decides to allocate their funds. How a city decides to spend a government surplus. The housing market of a particular city/neighborhood. Production of a local business.

You are selling a product on commission, at the rate of $1,000 per sale. To date, you have spent $800 promoting a particular prospective sale. You are confident you can complete this sale with an added expenditure of some undetermined amount. What is the maximum amount, over and above what you have already spent, that you should be willing to spend to assure the sale

Answers

Answer:

Either you quit trying and lose $800 sunk, or you spend $800 for $1,600 total in which the Net from the sale of $1,000 would results in a loss of $600. That means it will be of good to lose $600 than $800.

Explanation:

Since $800 has been spent which means Spending up to an additional $1,000 is still reasonable, but a condition in which you know that the deal will definitely go through.

Secondly since you have already sunk $800, and you know that spending an additional $800 would guarantee it, you can do one among this two options which are either you stop trying and lose the $800 sunk, or you the spend $800 for $1,600($1,000+$600) total in which the Net from the sale of $1,000 would results in a loss of $600($1,000-$800=200,$800-$200=$600). That means it will be of good to lose $600 than $800.

live is quamp so life quamp

Answers

Answer:

is this a question?

Explanation:

Answer:

yesssssssssssssssss

Explanation:

Can Tatar come off your teeth?

Answers

Answer:

the dentist can remove it, or you can try flossing it out depending if it's between your teeth or on the surface i guess you can try using an electric toothbrush too

Answer:

Once tartar has formed, only a dental professional will be able to remove it from your teeth. So, visit your dentist every 6 months to remove any plaque and tartar that might have formed and to prevent further problems.

Consider two mutually exclusive R&D projects that ADM is considering. Assume the discount rate for ADM is 13 percent. Project A: Server CPU .13 micron processing project By shrinking the die size to .13 micron, ADM will be able to offer server CPU chips with lower power consumption and heat generation, meaning faster CPUs. Project B: New telecom chip project Entry into this industry will require introduction of a new chip for cell phones. The know-how will require a large amount of up-front capital, but success of the project will lead to large cash flows later on. Year Project A Project B 0 –$ 845,000 –$ 1,064,000 1 368,000 267,000 2 397,000 388,000 3 269,000 388,000 4 194,000 432,000 5 148,000 519,000

Answers

Based on the cashflows and initial investments of Projects A and B by ADM, the incremental IRR is 22.24%.

What is the Incremental IRR?

This is a financial measure that compares projects with different cashflows. It does so by taking the net present value of the cashflows to zero.

It can be found by using a spreadsheet with the function IRR but you'll first have to find the difference between the cashflows of the two projects:

As shown on the attachment, the Incremental IRR is:

= 22.24%

Rest of the question is:

What is the incremental IRR of investing in the larger project?

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Consider two mutually exclusive R&D projects that ADM is considering. Assume the discount rate for

Morris Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs to be $452,000, and direct labor costs to be $2,260,000. Actual overhead costs for the year totaled $419,000, and actual direct labor costs totaled $1,930,000. At year-end, the balance in the Factory Overhead account is a: Multiple Choice $452,000 Credit balance. $386,000 Debit balance. $33,000 Debit balance. $33,000 Credit balance. $419,000 Debit balance.

Answers

Answer:

As overhead was underapplied, the balance in overhead will be $33,000 credit.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 452,000 / 2,260,000

Predetermined manufacturing overhead rate= $0.2 per direct labor dollar

Now, we can allocate costs:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.2*1,930,000

Allocated MOH= $386,000

Finally, we determine the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead=  419,000 - 386,000

Underapplied overhead= $33,000

As overhead was underapplied, the balance in overhead will be $33,000 credit.

Cause of globalisation on the economy of South Africa

Answers

Answer:

There is a general consensus (see Rodrik, 1997; Frankel, 2000; Hemmer, 2001) that the driving forces behind economic globalisation are a reduction in transport and communication costs in the private sector, reduced policy barriers to trade and investment by the public sector, an increase in the availability of and ...

What will most likely cause a lender to deny credit?
OA short credit history with high balances
O Possession of two credit cards
OA small amount of debt owed
OA historic credit score of 300

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Answer:

A historic credit score of 300

Explanation:

A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.

Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments,  miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.

research on job performance suggests group of answer choices conscientious employees do not perform better than those who are not conscientious. high stress at work is always associated with lower performance. positive work attitudes and performance are unrelated. when we are treated well, we want to reciprocate, thus when the company treats us well, we perform more effectively.

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Research on job performance suggests that when we are treated well, we want to reciprocate, thus when the company treats us well, we perform more effectively.

Research on job performance has shown that employees who are treated well by their employers tend to perform better. This is due to a psychological principle known as the reciprocity norm, which states that when people are treated well, they feel a social obligation to reciprocate that positive treatment. In the workplace, this can manifest as increased effort and better performance from employees who feel appreciated and valued by their employers. While it is true that conscientious employees generally perform better than those who are not conscientious, high stress at work is not always associated with lower performance. Some individuals are able to perform well even in high-stress environments, while others may struggle. The relationship between stress and performance is complex and can be influenced by a variety of factors, including individual differences, coping skills, and the level of support provided by the employer. The relationship between positive work attitudes and performance is more ambiguous. Research has shown that positive attitudes can lead to better job performance in some cases, but the relationship is not always straightforward. Positive attitudes can influence job performance by increasing motivation, reducing stress, and improving relationships with coworkers, among other factors. However, in some cases, positive attitudes may not be enough to overcome external factors that are negatively affecting job performance.

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