11-A2. A manager of the engineering department of Manchester University is contemplating acquiring 120 computers. The computers will cost $240,000 cash, have zero terminal salvage value, and a useful life of 3 years. Annual cash savings from operations will be $110,000. The required rate of return is 14%. There are no taxes. 1. Compute the NPV. 2. Should the engineering department acquire the computers? Explain […]
Question 1: Borderbooks Company uses activity-based costing. The company produces soft and hard-cover books. The estimated costs and expected activity for each of the activity pools follow:Activity Estimate Expected ActivityCost Pool Cost Hard-Cover Soft-Cover TotalActivity 1 $15,675 800 300 1,200Activity 2 $11,900 500 200 700Activity 3 $27,600 800 400 1,200 The activity rate for activity 3 is closest to A $23.00B $18.39C $69.00D $45.98 Question 2: […]
I will be needing a four page paper on Macroeconomic Analysis: Unemployment and Inflation. Overview A high unemployment rate in any economy is a symptom of dysfunctionality in the economy. People need income to be able to consume, and consumption leads to production and production leads to a higher demand for labor (employment), so unemployment is a crucial macroeconomic issue that confronts all modern […]
eActivities • Go to the United States Department of Labor and read the section titled “Employment Rights: Who has Them and Who Enforces Them”, located at http://www.dol.gov/odep/pubs/fact/rights.htm. Be prepared to discuss. • Use the Internet to research the role of unions in the United States compared to three other countries. Be prepared to discuss. 1- “Labor Unions” Please respond to the following: • From […]
Read Case Study Mead Meals on Wheels Center—Part I (from Chapter 4) and Part II (from Chapter 5). Using the information in the case study problems, especially Problem 3 (from Part II), discuss the following: MMWC buys the equipment to expand their services. Present a recommendation supporting the type of financial impact the expansion of services will have on MMWC.Clearly label the calculation of the […]
creating a ‘Prezi’ evaluating two independent ethical situations. Case 2: Inside Information (Chapter 11) Jim Brock was an accountant with Hubbard Inc., a large corporation with stock that was publicly traded on the New York Stock Exchange. One of Jim’s duties was to manage the corporate reporting department, which was responsible for developing and issuing Hubbard’s annual report. At the end of 2017, Hubbard […]
ACC 349 Final Exam 2 Rating A 1) At the end of the year, manufacturing overhead has been overapplied. What occurred to create this situation? A.The company incurred more total job costs than the amount budgeted for the job. B.The actual manufacturing overhead costs were less than the manufacturing overhead assigned to jobs. C.Estimated manufacturing overhead was less than actual manufacturing overhead costs. D.The […]
1. To allocate corporate costs to divisions, the allocation base used should: be an output unit-level base have the best cause-and-effect relationship with the costs combine administrative costs and human resource management costs allocate the full costsQuestion 2 1. To improve customer profitability, companies should: strictly enforce their volume-based price discounting policy track discounts by customer track discounts by sales person Both B and C […]
Capstone Project Overview The purpose of this Capstone Project is for students to examine and solve real world information assurance problems and apply associated techniques to create practical solutions. The course takes an integrative and senior security officer approach to address the policy, risk, and control opportunities within cyberspace and IT environments. Deliverables 1 through 5 focus on preparing students toward the final Capstone […]
Environmental Influences on Offender Trends and PatternsVideo Presentation Environmental Influences on Offender Trends and Patterns City officials have asked your department supervisor to provide information on environmental influences on offender trends and patterns. Your supervisor has asked you to create a video presentation on this topic to present to city officials at their weekly meeting. The video presentation should include f our examples of environmental […]
11.Which of the following goods is least likely to be in a market basket?
A. Helicopter
B. Gasoline
C. Barbie dolls
D. Breakfast cereal
12.By using the market basket approach:
A. it allows us to see how your cost of living is affected by the changing prices of different goods relative to how much of each good you buy.
B. we get a more accurate picture of the changing cost of living than by simply averaging the changing prices of goods listed in the market basket.
C. we get a clearer picture of the changing cost of living than by averaging the changing prices of all goods and services produced.
D. All of these statements are true.
13.The market basket approach:
A. measures changes in the cost of your shopping basket, assuming that you buy the same items in the same quantities.
B. gives us a single number to measure how much your total costs rise over time.
C. makes a lot more sense than simply averaging the increase in the price of each grocery item.
D. All of these statements are true.
14.The market basket approach:
A. gives us a single number that represents how changing prices affect the typical consumer.
B. gives us a list of what the typical consumer buys and the average price change of those goods.
C. tells us how the prices of all goods and services in an economy change over time.
D. All of these statements are true.
15.A price index:
A. measures how much the cost of a market basket has risen or fallen relative to the cost in a base time period or location.
B. summarizes the changes in the cost of living.
C. allows us to see clearly the changes in the cost of a market basket over time or across different locations.
D. All of these statements are true.
16.The most commonly used price index to track changes in prices for the typical household in the U.S. is:
A. consumer price index.
B. basket price index.
C. retail price index.
D. producer price index.
17.The consumer price index is calculated by:
A. the Bureau of Labor Statistics.
B. the Congressional Budget Office.
C. the National Bureau of Economic Research.
D. the Social Security Office.
18.The consumer price index:
A. measures the increase in the cost of the market basket relative to the cost in a given base year.
B. is always 100 in the base year.
C. helps us understand how the cost of living today compares with the cost of living at some time in the past.
D. All of these statements are true.
19.Suppose the base year of the CPI is 2010, and the CPI calculated for 2012 was 102. What is the correct interpretation of this number?
A. Average prices in the economy have increased by 102 percent since 2010.
B. Average prices in the economy have increased by 4 percent since 2010.
C. The cost of living for a typical consumer is 2 percent higher than it was in 2010.
D. The average goods of consumers has risen an average of 2 percent from 2010 to 2012.
20.
According to the table shown, which year is most likely being used for the base year?
A. 2008
B. 2009
C. 2010
D. 2011
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