Joe kowalski invents a new product, and this new product becomes cheaper over time. this can be problematic because: choose one: a. the consumer price index (cpi) will include joe’s new product immediately if it is a consumer good, but as a consumer good, it will not be included in the gross domestic product (gdp) deflator. b. the percent change in the consumer price index (cpi) will be distorted, but the change in the gross domestic product (gdp) deflator will not be, regardless of whether the product is a consumer good or a producer good. c. it is unlikely the consumer price index (cpi) will include joe’s new product immediately, even if it is a consumer good. d. this good might be produced in a geographic location that is not included in the consumer price index (cpi). e. money illusion will cause consumers to buy more of this good than the consumer price index (cpi) would otherwise reflect.

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?