Questions
Suppose consumers' disposable income increased by $341 billion and their spending increased by $299 billion. What...

Suppose consumers' disposable income increased by $341 billion and their spending increased by $299 billion. What was the MPC?

Suppose the government increases education spending by $30 billion. If the marginal propensity to consume is 0.90, how much will total spending increase?

In: Economics

Using Aggregate Demand and Supply analysis supported by a diagram, show the effect on an economy...

Using Aggregate Demand and Supply analysis supported by a diagram, show the effect on an economy of a fall in investment and explain how and in what ways government action as recommended by the OECD might stop economies falling into a recession.


Word Limit: 200 words

In: Economics

after falling from rest from a height of 30 m, a 0.50 kg ball rebounds upward,...

after falling from rest from a height of 30 m, a 0.50 kg ball rebounds upward, reaching a height of 20 m. if the contact between bam and ground lasted 2.0 ms, what average force was exerted on the ball?

In: Physics

You may have heard that Social Security is in danger of failing. Why? Is the sky...

You may have heard that Social Security is in danger of failing. Why? Is the sky falling? What might be done to correct the situation? Use some of the things that you have learned to come up with some ideas to fix Social Security.

In: Accounting

1. Why does vertically falling rain make slanted streaks on the side windows of a moving...

1. Why does vertically falling rain make slanted streaks on the side windows of a moving auto?

2. What's the difference between a rotational and a circular motion???

Answer needs to be in your own words, short and simple. thank you :).

In: Physics

Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December...

Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31, the accounting records for the most popular item in inventory showed the following:

Transactions Units Unit

Cost Beginning inventory, January 1 350 $6.00 Transactions during the year:

a. Purchase, January 30 250 $ 2.90

b. Purchase, May 1 410 $7.00

c. Sale ($8 each) (110)

d. Sale ($8 each) (650)

Required: a. Compute the amount of goods available for sale. b. & c. Compute the amount of ending inventory and cost of goods sold at December 31 Specific identification inventory costing methods.

For Specific identification, assume that the first sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of January 30. Assume that the second sale was selected from the remainder of the beginning inventory, with the balance from the purchase of May 1. (Do not round intermediate calculations. Round "Average Cost and Specific Identification" answers to 2 decimal places.

I need help computing the Specific Identification, please show all details as previous examples are confusing - Thanks

In: Accounting

Match the following statements to the appropriate terms. 1. The difference between actual results and budgeted...

Match the following statements to the appropriate terms.

1.

The difference between actual results and budgeted results.

select an appropriate term                                                          Fixed overhead spending varianceVariable overhead efficiency varianceStatic budget varianceFlexible budget varianceDirect labor rate varianceSales volume varianceDirect labor efficiency varianceSales price varianceVariable overhead spending varianceDirect material quantity variance

2.

Caused by using more or less material than the standard quantity allowed for actual production.

select an appropriate term                                                          Flexible budget varianceVariable overhead efficiency varianceSales price varianceDirect labor rate varianceVariable overhead spending varianceDirect material quantity varianceSales volume varianceDirect labor efficiency varianceStatic budget varianceFixed overhead spending variance

3.

The difference between the actual cost of variable overhead items and the amount of variable overhead that is expected to be incurred at the actual level of activity.

select an appropriate term                                                          Sales volume varianceFixed overhead spending varianceVariable overhead spending varianceDirect material quantity varianceFlexible budget varianceDirect labor efficiency varianceDirect labor rate varianceVariable overhead efficiency varianceSales price varianceStatic budget variance

4.

Result of the difference between the actual sales price and the budgeted sales price.

select an appropriate term                                                          Direct labor efficiency varianceStatic budget varianceSales price varianceDirect material quantity varianceFlexible budget varianceSales volume varianceVariable overhead spending varianceVariable overhead efficiency varianceDirect labor rate varianceFixed overhead spending variance

5.

The difference between actual fixed overhead cost and budgeted fixed overhead costs.

select an appropriate term                                                          Static budget varianceDirect material quantity varianceFixed overhead spending varianceSales price varianceFlexible budget varianceVariable overhead spending varianceVariable overhead efficiency varianceDirect labor efficiency varianceDirect labor rate varianceSales volume variance

6.

The difference between the actual results and the flexible budget.

select an appropriate term                                                          Sales price varianceDirect labor efficiency varianceVariable overhead efficiency varianceDirect labor rate varianceFlexible budget varianceFixed overhead spending varianceStatic budget varianceDirect material quantity varianceSales volume varianceVariable overhead spending variance

7.

Arises when the actual wage rate differs from the standard wage rate.

select an appropriate term                                                          Static budget varianceVariable overhead spending varianceSales volume varianceFlexible budget varianceFixed overhead spending varianceDirect material quantity varianceSales price varianceDirect labor rate varianceVariable overhead efficiency varianceDirect labor efficiency variance

8.

Captures the effect of efficient use of the activity base on the cost of variable overhead.

select an appropriate term                                                          Direct labor efficiency varianceVariable overhead efficiency varianceSales price varianceDirect material quantity varianceStatic budget varianceFlexible budget varianceVariable overhead spending varianceDirect labor rate varianceSales volume varianceFixed overhead spending variance

9.

Caused by using more or less direct labor than the standard allowed.

select an appropriate term                                                          Fixed overhead spending varianceDirect labor rate varianceFlexible budget varianceVariable overhead spending varianceDirect material quantity varianceStatic budget varianceVariable overhead efficiency varianceDirect labor efficiency varianceSales price varianceSales volume variance

10.

Difference between the flexible budget and the static budget.

select an appropriate term                                                          Variable overhead efficiency varianceFixed overhead spending varianceDirect material quantity varianceDirect labor efficiency varianceVariable overhead spending varianceSales volume varianceFlexible budget varianceStatic budget varianceSales price varianceDirect labor rate variance

In: Accounting

A 25-cm lengthy of wire that is carrying a current of 6.0 A is perpendicular to...

A 25-cm lengthy of wire that is carrying a current of 6.0 A is perpendicular to a uniform magnetic field of 2.5 T. The force on the wire is:

A. 1.5 N B. 2.3 N C. 2.5 N D. 3.8 N E. Zero

In: Physics

Use the formula for continuous compounding to compute the balance in the account after 1, 5,...

Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20 years. Also, find the APY for the account.

A $9,000 deposit in an account with an APR of 3.8%

1 year =

5 year =

20 year =

APY =

In: Finance

A ball of mass 0.440 kg moving east ( + x direction) with a speed of...

A ball of mass 0.440 kg moving east ( + x direction) with a speed of 3.8 m/s collides head-on with a 0.220-kg ball at rest. If the collision is perfectly elastic, what will be the speed and direction of each ball after the collision?

In: Physics