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Cost of one unit
Rollo Enterprises recorded the following activity in work-in-process inventory for September.Direct Labor - $15,000Direct Materials - $10,000Factory supervisor's salary, September - 3000Indirect Materials - 7,000Factory utilities - 5001,000 units were started and completed during the month.
A. computer the amount of manufacturing overhead incurred for the month.
B. Assume all costs are actual. Using actual costing, calculate the cost of one unit.
Suppose planned investment falls by 100. Graphically illustrate using the AE-Y graph the effects of this reduction in planned investment on the economy. Also calculate the new equilibrium level of income.
Account for the effect of the two proposed fiscal policy actions in the short run and long run. This includes a description of the consequences of relevant macroeconomic variables.
How large is the desired fiscal stimulus. Explain by how much do income taxes have to be raised to get that restraint.
Use the utility function to answer the questions, below: (x1, x2) = exp (√(x 1 ) + √(x 2 )-Derive the Marshallian (ordinary) demand function for good1 and 2, x i *(p,l), i =1,2 . Then derive the indirect utility function (p,l).
Suppose, in a given week, float raises $900 million, Treasury deposits at the Fed rise $1500 million, discounts and advances decline $200 million, and foreign deposits at the Fed increase $150 million.
Calculate the markup percentage also target selling price that will allow Bolus Computer Parts to earn its desired ROI of 25% on this new component.
An industry consists of three firms with identical costs C (q)18q +q2. What is the industry equilibrium (price, output and profits) if the firms have Cournot beliefs?
By how much will each firm reduce its SO2 output? Which firm will buy permits, which firm will sell them, and how many permits will be exchanged?
Illustrate what is the tolal accounting cost. Illustrate what is the total economic cost. Elucidate why these are different in this way.
How does an active fiscal policy helps or hinder long-run growth in the economy.
Explain why a monopolist will never set a price (and produce the corresponding output) at which the demand is price-inelastic.
What is the firm's cost function when the cost of pollution certificates is included? What is the firm's marginal cost function when the cost of pollution certificates is included? Derive the firm's supply function.
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