Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. two of the most commonly used price indexes are the consumer price index (cpi) and the gdp deflator. indicate whether each scenario will affect the gdp deflator or the cpi for the united states. a. an increase in the price of a treewood equipment feller buncher, which is a commercial forestry machine that cuts and stacks trees. b. a decrease in the price of a chinese-made car that is popular among u. s. consumers.

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.

The biweekly taxable wages for the employees of rite shop follow. compute the fica taxes for each employee and the employers fica taxes