A one-month summary of manufacturing costs for Rapid Routers Company follows.

Direct materials $40,000
Direct labour 20,000
Material handling costs 1,500
Product inspection and rework 2,000
Materials purchasing and inspection 500
Routine maintenance and equipment servicing 1,200
Repair of equipment 300

Required:
Classify each cost as value-added or non-value-added

Answers

Answer 1

Answer:

        Cost                                                                 Classification

Direct materials                                                       Value added

Direct labor                                                              Value added

Material handling costs                                           Non-value added

Product inspection and rework                              Non-value added

Materials purchasing and inspection                     Value added

Routine maintenance and equipment                    Non-value added

servicing

Repair of equipment                                                Non-value added


Related Questions

Window Dressing causes which kind of entry (may have more than one answer)? Multiple Choice Transaction Adjusting Closing

Answers

Answer:

Window Dressing causes Adjusting and Closing entries.

Explanation:

Window Dressing the alteration of financial performance near the year-end to appear as if performance has improved.  To make the window dressing entry, some temporary and permanent accounts will be adjusted, especially Sales Revenue and costs to generate paper profits.  These adjusting entries are closed to the Income Summary.  The permanent accounts which are temporarily closed to the Balance Sheet for the period will also require some adjusting entries.

Expected return and standard deviation. Use the following information to answer the​ questions: LOADING.... a. What is the expected return of each​ asset? b. What is the variance of each​ asset? c. What is the standard deviation of each​ asset? ​Hint: Make sure to round all intermediate calculations to at least seven​ (7) decimal places. The input​ instructions, phrases in parenthesis after each answer​ box, only apply for the answers you will type. a. What is the expected return of asset​ A?

Answers

Answer and Explanation:

a. The computation of expected return of each​ assets is shown below:-

Expected Return on Asset A in state is

= 0.39 × 0.02 + 0.45 × 0.02 + 0.16 × 0.02

= 0.02

Expected Return on Asset B in state is

= 0.39 × 0.25 + 0.45 × 0.06 + 0.16 × -0.04

= 0.1181

Expected Return on Asset C in state is

= 0.39 × 0.35 + 0.45 × 0.19 + 0.16 × -0.22

= 0.1868

b. The computation of variance of each asset is shown below:-

Variance of Assets A is

= 0.39 × (0.02 - 0.020)^2 + 0.45 × (0.02 - 0.020)^2 + 0.16 × (0.02 - 0.020)^2

= 0

Variance of Assets B is

= 0.39 × (0.25 - 0.1181)^2 + 0.45 × (0.06 - 0.1181)^2 + 0.16 × (-0.04 - 0.1181)^2

= 0.0123

Variance of Assets C is

= 0.39 × (0.35 - 0.1868)^2 + 0.45 × (0.19 - 0.1868)^2 + 0.16 × (-0.22 - 0.1868)^2

= 0.0369

c. The computation of standard deviation of each​ asset is shown below:-

Standard Deviation of A is

= (0.39 × (0.02 - 0.020)^2 + 0.45 × (0.02 - 0.020)^2 + 0.16 × (0.02 - 0.020)^2)^0.5

= 0

Standard Deviation of B is

= (0.39 × (0.25 - 0.1181)^2 + 0.45 × (0.06 - 0.1181)^2 + 0.16 × (-0.04 - 0.1181)^2)^0.5

= 0.1109

Standard Deviation of C is

= (0.39 × (0.35 - 0.1868)^2 + 0.45 × (0.19 - 0.1868)^2 + 0.16 × (-0.22 - 0.1868)^2)^0.5

= 0.1920

Your supervisor instructs you to purchase 480 pens and 6 staplers for the workplace. Pens are purchased in sets of 6 for $2.45. Staplers are sold in sets of 2 for $14.95. How much will the purchase of these products cost?

Answers

Answer:

Total cost= $225.9

Explanation:

Giving the following information:

Your supervisor instructs you to purchase 480 pens and 6 staplers for the workplace.

Pens are purchased in sets of 6 for $2.45.

Staplers are sold in sets of 2 for $14.95.

First, we need to calculate the number of "packs" to buy:

Pens= 480/6= 80

Staplers= 6/2= 3

Total cost= 80*2.45 + 2*14.95= $225.9

TB MC Qu. 6-70 Awtis Corporation has a margin of ... Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $213,600 and the variable expenses are 45% of sales. Given this information, the actual profit is:

Answers

Answer:

$39,160

Explanation:

Awtis corporation has a margin of safety percentage of 25%

= 25/100

= 0.25

The break even point is $213,600

The variable expenses is 45%

= 45/100

= 0.45

The first step is to calculate the contribution margin ratio

Contribution margin ratio= 1-variable expenses

= 1-0.45

= 0.55

The fixed expenses can be calculated as follows

Fixed expenses= break even sales × contribution margin ratio

= $213,600×0.55

= 117,480

The total actual sales can be calculated as follows

= Break even sales/(1-margin of safety)

= $213,600/(1-0.25)

= $213,600/0.75

= $284,800

Therefore, the actual profit can be calculated as follows

Actual profit= Contribution margin ratio×sales - fixed expenses

= 0.55×284,800-$117,480

= $156,640-$117,480

= $39,160

Hence the actual profit is $39,160

The Baldwin company wants to decrease its plant utilization for Brat by 15%. How many units would need to be produced next year to meet this production goal

Answers

Answer:

1,266 units

Explanation:

A lot of information is missing, but I found a similar question:

current production level = 1,500 unitscurrent plant utilization rate = 96%

total plant capacity = 1,500 / 96% = 1,562.5 units

if plant utilization will decrease by 15% ⇒ 96% - 15% = 81%

plant production to meet required production goal = 1,562.5 x 81% = 1,265.625 = 1,266 units

The accountant for Mandarin Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:
Retained earnings balance at the beginning of the year $949,000
Net income for the year 295,000
Cash dividends declared for the year 55,000
Retained earnings balance at the end of the year 1,397,000
Cash dividends payable at the beginning of the year 12,600
Cash dividends payable at the end of the year 14,900
What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
a. $55,000.
b. $57,300.
c. $82,500.
d. $2,300.
e. $52,700.

Answers

Answer: e. $52,700

Explanation:

Cash Dividend to be paid = Cash dividends payable at the beginning of the year + Cash dividends declared for the year - Cash dividends payable at the end of the year

= 12,600 + 55,000 - 14,900

= $52,700

Microsoft online. Which of the following price customization tool is Microson using?

a. Controlling availability
b. Setting prices based upon transaction characteristics
c. Managing product-line offerings
d. Setting prices based upon buyer characteristic

Answers

Answer:

Setting prices based upon buyer characteristic

Explanation:

Microson is setting prices based on buyer characteristics. The question says it is giving educational discounts of 10 percent to parents and students. This is value pricing and it mainly involves setting prices with your customers or consumers in focus. Microson based their prices on the worth as perceived by the parents and students. It's discount is characteristic of the people buying it.

Storm in Bowl is a noodle manufacturer in Texas. It advertises the ingredients used for its product to convince customers that it is safe for consumption. The company has also slashed its prices to ensure affordability for low-income consumers. According to the VALS™ framework, Storm in Bowl is most likely targeting

Answers

Answer: Survivors

Explanation:

From the question, we are informed that Storm in Bowl is a noodle manufacturer in Texas and that it advertises the ingredients used for its product to convince customers that it is safe for consumption.

We are further told that the company has also slashed its prices to ensure affordability for low-income consumers. According to the VALS™ framework, Storm in Bowl is most likely targeting survivors.

The survivors are those with low income and have very few resources and are also loyal to a particular brand.

f covered interest arbitrage opportunities do not exist, Group of answer choices interest rate parity holds. interest rate parity does not hold. interest rate parity holds, and arbitragers will be able to make risk-free profits. arbitragers will be able to make risk-free profits. interest rate parity does not hold, and arbitragers will be able to make risk-free profits.

Answers

Answer: interest rate parity holds

Explanation:

Covered interest arbitrage is a trading strategy that is used by an investor when the person whereby takes advantage of the differences in interest rate between two nations and invest in the currency that brings higher value.

If covered interest arbitrage opportunities do not exist, it simply means that interest rate parity holds.

Exercise 10-1 Recording bond issuance and interest LO P1 On January 1, 2017, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par. 1. How much interest will Boston pay (in cash) to the bondholders every six months

Answers

Answer:

Semi-annual interest payment=$153,000

Explanation:

The interest payment on the bond is an expense which would be incurred twice a year because the terms and conditions of the bond contract is that interest be paid semi-annually, that is every six month.

This implies that we would need to work out the interest rate applicable for every six month. This is doe as follows:

Semi-annual interest rate = Annual interest rate / 2

Annual interest rate = 9%

Semi-annual interest rate = 9%/2= 4.5%

Semi-annual interest payment = Interest rate ×  Nominal value of Bond

Semi-annual interest payment = 4.5% ×  $3,400,000=$153,000

Semi-annual interest payment= $153,000

A bond with par value of $1,000 has an annual coupon rate of 4.8% and currently sells for $970. What is the bond’s current yield? (Round your answer to 2 decimal places.)

Answers

Answer:

The Bond's Current yield = 4.95%

Explanation:

Annual coupon = Value of Bond * Annual Coupon rate

Annual coupon =  $1000 * 4.8%

Annual coupon =$48

The Bond Current yield =Annual coupon / Current price

The Bond Current yield =  $48 / $970

The Bond Current yield = 0.049485

The Bond Current yield = 4.9485

The Bond Current yield = 4.95%

Earning money is an incentive to increasing ___________ to purchase___________.

Answers

Answer:

incentive, goods is the answer

Answer:

goods

Explanation:

goods is the answer

A company reported that its bonds with a par value of $50,000 and a carrying value of $57,500 are retired for $60,600 cash, resulting in a loss of $3,100. The amount to be reported under cash flows from financing activities is:

Answers

Answer:

The amount this company would report under cash flows from financing activities is $60,600.

Explanation:

These cash flows of $60,600 represent the actual cash outflows, an amount that bondholders would receive from the company in retirement of the bonds.  The statement of cash flows records the actual cash inflows and outflows of a company transactions during a particular accounting period.  Every item is adjusted to reflect the actual cash flows.  It is strictly based on the Cash Basis of accounting instead of the accrual basis.

Green Thumb Garden Tools Inc. produces and sells home and garden tools and equipment. A lawnmower has a total cost of $230 per unit, of which $160 is product cost and $70 is selling and administrative expenses. In addition, the total cost of $230 is made up of $120 variable cost and $110 fixed cost. The desired profit is $58 per unit. Determine the markup percentage on product cost.

Answers

Answer:

80%

Explanation:

The computation of markup percentage on product cost is shown below:-

Markup percentage on product cost = ((Selling and administrative expenses + Desired profit) ÷ Product cost) × 100

= (($70 + $58) ÷ $160) × 100

= 0.8

or

= 80%

Therefore for computing the markup percentage on product cost we simply applied the above formula.

A seller has accepted another offer, but your client doesn't want to give up. Even now, she can submit an offer to the seller, called a:

Answers

Answer: b. backup offer

Explanation:

A backup offer is one that is made when an offer has already been made by another. With a backup offer, the person offering it is acknowledging that someone else has made another offer that was accepted but they still offer this in case the accepted offer falls through for whatever reason.

If the seller accepts this offer, they will have a contract with the person offering that legally obliges them to sell the good in question to the person offering if the current offer is not honored.

Suppose we have the following scenario: Multiplier: 1.2 Tax Rate: 16% Increase in spending: $175 Billion Total Deficit in the previous year: $1 Trillion Based on the information provided what is the deficit that arises from the increase in spending from the government

Answers

Answer:

Deficit = $141.4 billion

Explanation:

Multiplier (K) = ΔY {GDP(income)} / ΔI {Govt spending}

ΔY = K * ΔI

ΔY = 1.2 * $175 billion

ΔY = $210 billion (income)

Tax applicable on income that generate revenue:

Revenue = 210 billion * 16%

Revenue = 210 billion * 0.16

Revenue = $33.6 billion

Deficit = Government spending - Revenue

Deficit = $175 billion - $33.6 billion

Deficit = $141.4 billion

Which of the following are recommended ways to learn more about IT careers? Check all of the boxes
that apply.
scheduling an appointment with a career counselor at a school
attending an informational session
applying for an internship
renting a science fiction movie about computer viruses
contacting a professional organization, such as CompTIA

Answers

Answer:

scheduling an appointment with a career counselor at a schoolattending an informational sessionapplying for an internshipcontacting a professional organization, such as CompTIA

Explanation:

To learn more about IT careers or just carriers in general, one can contact the Career counselor at school. Their job is to help students find out more abut careers so that they know which path they would like to follow.

One can also attend information sessions where they can listen to people speak on IT careers and ask questions they would like answers to as well.

A practical way to find out about IT careers is to intern at an IT firm. This way you get to see first hand what the job entails and if it is the kind of thing you would like to do.

There are also professional organizations that offer certifications in IT such as CompTIA. As they are well versed in the area, they can provide more information on IT careers including the educational background required.

Answer:

1. Scheduling an appointment with a career counselor at school.

2. Attending an informational session.

3. Applying for an internship

5. Contacting a professional organization, such as CompTIA.

Explanation: This is the correct answer on Edge 2021, just did the assignment. Hope this helps ^-^.

The Andrews Company has just purchased $55,736,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $5,573,600. What will the book value of this purchase (exclude all other plant and equipment) be after its third year of use? (Use FASB GAAP)

Answers

Answer:

Book value = $45,703,520

Explanation:

We can calculate the book value of purchase after its third year of use by deducting all three years of depreciation from the cost of the asset.

DATA

Purchase cost = $55,736,000

Useful life = 15 years

Salvage value = $5,573,600

Solution

Book value = Cost - Accumulated depreciation

Book value = $55,736,000 - $10,032,480(w)

Book value = $45,703,520

Working

Depreciation per year = [tex]\frac{Cost-salvagevalue}{life}[/tex]

Depreciation per year = [tex]\frac{55,736,000-5,573,600}{15}[/tex]

Depreciation per year =  $3,344,160

Depreciation for 3 years = $3,344,160 x 3

Depreciation for 3 years = $10,032,480

Three years accumulated depreciation for three years would be $10,032,480

In working on a bid for project you have determined that $245,000 of fixed assets will be required and that they will be depreciated straight-line to zero over the 5-year life of the project, and you can get $23,200 for these fixed assets at the end of 5 years. You will also need to increase net working capital by 15,000 initially and recoup the investment in net working capital at the end of the project. You have also determined that the discount rate should be 14 percent and the tax rate will be 35 percent. In addition, the annual cash costs will be $68,500. What is the minimum amount of annual sales revenue that is required for you to make money on the project? PLEASE SHOW WORK

A. $151,627.90

B. $155,119.00

C. $162,515.75

D. $102,627.90

E. $227,012.50

Assume BGL Enterprises increases its operating efficiency by lowering its costs while holding its sales constant. As a result, given all else constant, the: A. return on assets will decrease.

B. profit margin will decline.

C. equity multiplier will decrease.

D. return on equity will increase.

E. price-earnings ratio will increase.

Answers

Answer:

Question 1:

required investment $245,000

depreciation expense per year = ($245,00 - $23,200) / 5 = $44,360

you will also require $15,000 in working capital

annual cash costs = $68,500

what is the minimum amount of cash sales for accepting the project:

net cash flow₁ = {[(sales revenue - $68,500 - $44,360) x 0.65] + $44,360} / 1.14 = (0.65SR - $28,999) / 1.14 = 0.5702SR - $25,437.72

net cash flow₂ = {[(sales revenue - $68,500 - $44,360) x 0.65] + $44,360} / 1.14² = (0.65SR - $28,999) / 1.14² = 0.5002SR - $22,313.79

net cash flow₃ = {[(sales revenue - $68,500 - $44,360) x 0.65] + $44,360} / 1.14³ = (0.65SR - $28,999) / 1.14³ = 0.4387SR - $19,573.50

net cash flow₄ = {[(sales revenue - $68,500 - $44,360) x 0.65] + $44,360} / 1.14⁴ = (0.65SR - $28,999) / 1.14⁴ = 0.3849SR - $17,169.74

net cash flow₅ = {[(sales revenue - $68,500 - $44,360) x 0.65] + $44,360 + $15,000} / 1.14⁵ = (0.65SR - $13,999) / 1.14⁵ = 0.3376SR - $7,270.64

NPV = -initial outlay + cash flows

NPV = 0

initial outlay = cash flows

$260,000 = 0.5702SR - $25,437.72 + 0.5002SR - $22,313.79 + 0.4387SR - $19,573.50 + 0.3849SR - $17,169.74 + 0.3376SR - $7,270.64

$260,000 = 2.2316SR - $91,765.39

$351,765.39 = 2.2316SR

sales revenue = $351,765.39 / 2.2316 = $157,629.23

the closest answer is B = $155,119, but its NPV will be negative.

so we have to select C = $162,515.75 that results in an NPV = $10,887.

Question 2:

The correct answer is D. return on equity will increase.

If you lower your costs while your sales remain the same, your profits will increase as well as your ROE.  

What are Red Bull's greatest strengths and risks as more companies (like Coca-Cola, Pepsi, and Monster) enter the energy drink category and gain market share?

Answers

Answer:

like that's Bom pom and manster also ĺine red if you need to visit a super market you can get a anergy drink and ask them for what do you need exactly.

All of the following are considered process innovation EXCEPT A. organizational innovation. B. nonneutral technical progress. C. neutral technical progress. D. labor saving technical progress.

Answers

Answer:

B. nonneutral technical progress.  

Explanation:

Aggregate income in an economy in 2017 is ​$100 billion. Saving is ​$30 billion and imports are ​$35 billion. What is aggregate expenditure in the economy in​ 2017?

Answers

Answer: $100 billion

Explanation:

In Economics, Aggregate Income is assumed to be the same as Aggregate Expenditure. The assumption behind this is that every dollar spent is a dollar in income from someone else so every income is just a dollar that will be spent.

With that logic in a country that has Aggregate income of $100 billion, the Aggregate Expenditure will be $100 billion as well.

Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-karts: Deluxe and Basic.Activity Expected Costs Expected Activity Handling materials $625,000 100,000 parts Inspecting product 900,000 1,500 batches Processing purchase orders 105,000 700 orders Paying suppliers 175,000 500 invoices Insuring the factory 300,000 40,000 square feet Designing packaging 75,000 2 modelsAssume that the following information is available for the company’s two products for the first quarter of 2017.Production volume 10,000 units 30,000 unitsParts required 20,000 parts 30,000 partsBatches made 250 batches 100 batchesPurchase orders 50 orders 20 ordersInvoices 50 invoices 10 invoicesSpace occupied 10,000 sq. ft. 7,000 sq. ftModels 1 model 1 modelRequired:Compute activity rates for each activity and assign overhead costs to each product model using activity-based costing (ABC). What is the overhead cost per unit of each model?

Answers

Answer:

I can't understand this type of questions

When working on a reconciliation, the Reconciliation screen has all the transaction data you need. On the Reconciliation screen, by default, the list of transactions hides transactions that occur after the statement end date. To show all transactions _______________________________ or select the Clear filter/View all link in this same area to remove all filters. Which option below would correctly fill the space above? A) "Statement ending date filter" in the upper left corner of the transaction list B) "Statement ending date filter" at the right side of the transaction listC) "Statement ending date filter" in the upper left corner of the transaction list D) Statement ending date filter in the upper left corner of the transaction list

Answers

Answer:

Correct Answer:

B) "Statement ending date filter" at the right side of the transaction list

Explanation:

The above option was the one that would enable someone to show all transactions when the person is working on a business reconcillation account of an organization.

The company currently markets McDog T-bone, Lapdog Lunchtreats, Rover's Potroast, and Puppy Porterhouse in the dog food market. Prime Cuts will be an addition to the

Answers

Answer:

company's product line in the dog food market

Explanation:

In the description provided, it can be said that Prime Cuts will be an addition to the company's product line in the dog food market. A product line is a group of related products all marketed under a single brand name and are sold by the same company to the same targeted group of consumers. Such as in this scenario, all of the products listed are dog treats/food with different ingredients and are all sold by the same company to people looking for dog food.

What is the present value of a perpetuity that pays you annual, end-of-year payments of $950? Use a nominal rate (monthly compounding) of 7.50%.

Answers

Answer:

The present value of the perpetuity is $12,242.27.

Explanation:

A perpetuity is an annuity that provide cash flow for an infinite period .Examples are Non -redeemable Preference Share.

Present Value (perpetuity) = Payments ÷ Required Rate

But, first change the 7.50 % nominal rate to Annual Effective Rate to match the period of Cash flow.

Effective Rate = (1 + r / m)^m - 1

                       = ( 1 + 0.0750 / 12) ^12 -1

                       = 7.76%

Therefore, Present Value (perpetuity) = $950 ÷  7.76%

                                                              = $12,242.27

At the certain interest rate, present value (PV) is the current value of a future sum of money or stream of cash flows.

The discount rate determines the present value of the cash flows, and the higher the discount rate, the lower the current value of future cash flows.

The present value of the perpetuity is $12,242.27.

A perpetuity is an annuity that payments out during an indefinite period of time. Non-redeemable Preference Share is an example.

Present Value (perpetuity) = [tex]\frac{\text{Payments}}{\text{Required Rate}}[/tex]

However, to match the Working capital period, change a 7.50 percent nominal rate to a Yearly Effective Tax rate.

[tex]\text{Effective Rate} = (1 + \frac{r}{m} )^m - 1= [1 + \frac{0.0750}{12}]^{12} -1= 7.76\%[/tex]

Therefore, Present Value (perpetuity)= [tex]\frac{\$950}{7.76\%} = $12,242.27[/tex]

To know more about the calculations of the present value, refer to the link below:

https://brainly.com/question/15036500

A firm recently issued $1,000 par value, 15-year bonds with a coupon rate of 9%. Coupon interest payments will be paid semi-annually. The bonds sold at par value, but the firm paid flotation costs amounting to 5% of par value. The firm has a corporate tax rate of 21%. What is the firm's after-tax cost of debt for these bonds?

Answers

Answer:

The firm's after cost of debt is 7.48%

Explanation:

Floatation cost increases the cost because a diminished portion of the whole amount was received.

Given that;

r = 9%

t = 21%

f = 5%

After tax cost of debt = r ( 1 - t ) / ( 1 - f )

0.09 ( 1 - 0.21 ) / 1 - 0.05 )

= 0.0711 / 0.95

=0.0748421053

= 7.48%

Merchandise inventory: Multiple Choice Is a current asset. Is a long-term asset. Must be sold within one month. Is classified with investments on the balance sheet. Includes supplies the company will use in future periods.

Answers

Answer: is a current asset

Explanation:

Merchandise inventory is the product thqtbare owned by a company which the company wants to sell.

It should be noted that when preparing the balance, merchandise inventory sheet is reported as current asset.

Also, buying merchandise inventory is part of a business operating cycle.

The open interest on silver futures at a particular time is the Group of answer choices number of all long or short silver futures contracts outstanding. number of silver futures contracts traded during the day. number of silver futures contracts traded the previous day. number of outstanding silver futures contracts for delivery within the next month.

Answers

Answer:

number of all long or short silver futures contracts outstanding.

Explanation:

The open interest on silver futures at a particular time is the number of all long or short silver futures contracts outstanding. Open interest can be defined as the total or overall number of contracts (open long and short positions) outstanding in a futures market.

In stocks exchange, when a contract begins trading it has an open interest that is equal to zero and in future dates, more contracts are entered into as time passes by.

Additionally, majority of the contracts are liquidated before their maturity date.

Eleanor spends all of her money on magazines and donuts. In 2014, she earned $14.00 per hour, the price of a magazine was $7.00, and the price of a donut was $1.00.
Which of the following give the nominal value of a variable?
A. Eleanor's wage is $14.00 per hour in 2014.
B. The price of a donut is $1.00 in 2014.
C. Eleanor's wage is 2 magazines per hour in 2014.
Which of the following give the real value of a variable?
A. Eleanor's wage is 14 donuts per hour in 2014.
B. The price of a magazine is 7 donuts in 2014.
C. Eleanor's wage is $14.00 per hour in 2014.
Suppose that the Fed sharply increases the money supply between 2014 and 2019. In 2019, Eleanor's wage has risen to $28.00 per hour. The price of a magazine is $14.00 and the price of a donut is $2.00.
In 2019, the relative price of a magazine is ________.
Between 2014 and 2019, the nominal value of Eleanor's wage ______, and the real value of her wage _________.
Monetary neutrality is the proposition that a change in the money supply nominal variables and _______ real variables.

Answers

Answer;

1. A. Eleanor's wage is $14.00 per hour in 2014.

B. The price of a donut is $1.00 in 2014.

When a variable is stated in nominal terms, it is usually given as a fixed monetary value because it is not adjusted for inflation. It therefore mentions just the price as is.

2. A. Eleanor's wage is 14 donuts per hour in 2014.

B. The price of a magazine is 7 donuts in 2014.

When goods are described in real terms, they are related to another good in order to adjust them for inflation.

3. The price of a magazine is $14.00 and the price of a donut is $2.00.

In 2019, the relative price of a magazine is 7 donuts.

The relative price = Price of Magazine/ Price of donuts

= 14/2

= 7 donuts.

4.  Between 2014 and 2019, the nominal value of Eleanor's wage increases, and the real value of her wage remains the same.

As a result of the increase in money supply, Eleanor's wages increased nominally from $14 to $28.

However, in real terms her wages did not increase at all because the price level in the economy increased by the same rate that her wages increased meaning that she is still only able to buy the same quantity of things.

5. Monetary neutrality is the proposition that a change in the money supply affects nominal variables and does not affect real variables.

From Eleanor's example above, the concept of Money Neutrality is shown in that while a change in money supply will affect nominal variables, it will not affect real variables due to a general rise in prices.

Other Questions
The policy that allows a transaction to commit even if it has modified some blocks that have not yet been written back to disk is called the __________ policy. La poblacin Latinoamrica es desigual y se concentra, fundamentalmente, en los mrgenes del continente verdadero o falso? Justifica si es falso In meiosis, each centromere has a spindle fiber attached only to one side. In mitosis, each centromere has a spindle attached to how many sides? Dell's coffee shop sells cappuccinos, mochas, and lattes. The table gives the number of servings of each beverage sold in a day. is the sum of any two numbers is greater than the larger of the two numbers? Write a method that accepts a String object as an argument and returns a copy of the string with the first character of each sentence capitalized. For instance, if the argument is "hello. my name is Joe. what is your name?" the method should return the string "Hello. My name is Joe. What is your name?" Demonstrate the method in a program that asks the user to input a string and then passes it to the method. The modified string should be displayed on the screen. Who was Sir Humphrey Gilbert (quick summery would be extremely helpful!) Thanks for the help :)Write a short paragraph on Hinduism, describe its origin, major principles, and how it affected existing laws, social practices, or culture. Also, describe whether and how the religion influenced other societies. To get from home to work, Felix can either take a bike path through the rectangular park or ride his bike along two sides of the park. How much farther would Felix travel by riding along two sides of the park than he would by taking the path through the park? How many units away is 1 from -6 on a number line? prove the following Find the distance across the lake. Assume the triangles are similar.85 mX20 m60 m A room in the shape of a cube has a floor area of 20.25 square metre what is its height ? what is its volume ? Question 3 Multiple Choice Worth 2 points)04.04The swimming team has competed in 45 races this season. They have won 30 races so far. How many races will the team need to win today for the team to have a 75%Success rate?8101215 After Marshall's alarm went off, he spent 3/4 hr getting ready for school. He walked 1/6 hr to the bus stop, waited 1/12 hr, rode1/4 hr, and arrived at school at 8:30 A.M..What time did his alarm go off? The distance of planet Mercury from the Sun is approximately 5.8. 107 kilometers, and the distance of planet Venus from the Sun is 1.1. 10 kilometers. About how many more kilometers is thedistance of Venus from the Sun than the distance of Mercury from the Sun? While sailing, Jacob is 150 feet from a lighthouse. The angle of elevation from his feet on the boat (at sea level) to the top of the lighthouse is 48What can you conclude about the height of the lighthouse, with respect to Jacob's distance from the lighthouse? Explain your answer. Calculate the pH of a solution that is 0.210 M in nitrous acid (HNO2) and 0.290 M in potassium nitrite (KNO2). The acid dissociation constant of nitrous acid is 4.50 10-4. Strategic management is about formulating strategies that align an organizations internal capabilities with external opportunities while avoiding or minimizing threats. How effective has Mark Parker been as a strategic so far the product of a number and five is eight