Assume that the hypothetical economy of Molpol has 9 workers in year 1, each working 1,900 hours per year (50 weeks at 38 hours per week). The total input of labor is 17,100 hours. Productivity (average real output per hour of work) is $10 per worker. Instructions: In parts a and b, round your answers to the nearest whole number. In part c, round your answer to 2 decimal places
a. What is real GDP in Molpol? Suppose work hours rise by 2 percent to 17,442 hours per year and labor productivity rises by 5 percent to $10.5
b. In year 2, what will be Molpol's real GDP?
c. Between year 1 and year 2, what will be Molpol's rate of economic growth? percent

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.

Which are the best examples of costs that should be considered when creating a project budget?

In a chapter 7 bankruptcy, a debtor: