An alloy is made up of 27 % metal A, 34 % metal B, and 39 %
Question:
An alloy is made up of 27 % metal A, 34 % metal B, and 39 % metal C. During the past year, prices of the metals have changed as shown in the table. Find the simple aggregative index for the cost of the alloy.
Transcribed Image Text:
Price per pound Metal ABC 1988 2.08 7.61 4.49 1989 3.48 7.78 3.80
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
Question Posted:
Students also viewed these Business questions
-
A compute the direct material cost 1a Compute the direct labor cost 1b Compute the manufacturing overhead 1c Compute the total manufacturing cost 1d Compute the prime cost 1e Compute the conversion...
-
Use the data in question 2. (a) Find the weighted aggregative index for the cost of the alloy. (b) How can you explain the values of these index numbers in view of the fact that only 2 out of 3...
-
Data gistrun sending inside a pack fills in as conventional allowing subordinate rules to execute on progressive clock cycles. Correspondence between gatherings conventionally causes a surprising...
-
A supplier has the following financial information available: Cash: $100,000 Current Assets: $1,000,000 Fixed Assets: $1,000,000 Total Assets: $2,000,000 Current Liabilities: $500,000 Total...
-
Write an essay on the biblical view response to dealing with business risk within the context of cross border commerce. What are some proper ways to approach business risk while at the same time...
-
Consider the purchase of a PC and laser printer for use at your home and assess the risk for this project using the project risk assessment factors in Table 5-7. Table 5-7. Risk Factor Examples...
-
Show that for light with a Lorentzian spectral profile, the parameter \(\mathcal{M}\) is given by \[ \mathcal{M}=\left[\frac{\tau_{c}}{T}+\frac{1}{2}\left(\frac{\tau_{c}}{T} ight)^{2}\left(e^{-2 T /...
-
Opportunity costs. The Wolverine Corporation is working at full production capacity producing 10,000 units of a unique product Rosebo. Manufacturing cost per unit for Rosebo is as follows:...
-
Explore the role of life cycle assessment (LCA) in evaluating the environmental impact of products and processes, focusing on the key phases of LCA (goal and scope definition, inventory analysis,...
-
Assignment You may have to use Scilab/Matlab/Python for computation wherever necessary. Each student should make a choice of one of the above software, and stick to that throughout the assignment....
-
Find the simple aggregative index number for the following data. (a) Find the Laspeyres index number. (b) Find the Paasche index number. (c) Find the ideal index number. (d) Find a physical volume...
-
Find the following sales indexes for the accompanying retail sales volume (in thousands of dollars) with the base year indicated. Year 1984 1985 1986 (a) 1984 (b) 1988 Sates ($) 85,390 86,745 88,452...
-
An ancient myth describes how a wooden ship was destroyed by soldiers who reflected sunlight from their polished bronze shields onto its hull, setting the ship ablaze. To test the validity of the...
-
Explain the difference between s = 0; if (x > 0) { s++; } (y> 0) { s++; } if and S = 0; if (x > 0) { s++; } else if (y> 0) { s++; }
-
Write a program that displays the properties of a letter-size (8.5 11 inches) sheet of paper in millimeters. There are 25.4 millimeters per inch. The program should print: The width and height The...
-
Develop a set of test cases for the algorithm in Exercise P5.1. Data from Exercise P 5.1 The following algorithm yields the season (Spring, Summer, Fall, or Winter) for a given month and day. If...
-
Suppose you want to implement a class TimeDepositAccount. A time deposit account has a fixed interest rate that should be set in the constructor, together with the initial balance. Provide a method...
-
We want to observe the following calculation Arrays a, b, c, and d memory layout is displayed below (each has 512 4-byte-wide integer elements). The above calculation employs a for loop that runs...
-
Deep Waters Company was started several years ago by two diving instructors. The companys comparative balance sheets and income statement are presented below, along with additional information....
-
Refer to the table to answer the following questions. Year Nominal GDP (in billions) Total Federal Spending (in billions) Real GDP (in billions) Real Federal Spending (in billions) 2000 9,817 578...
-
Watson Corp. has a zero coupon bond that matures in five years with a face value of $75,000. The current value of the companys assets is $61,000, and the standard deviation of its return on assets is...
-
Suppose Sunburn Sunscreen (Problem 18) and Frostbite Thermalwear (Problem 20) have decided to merge. Since the two companies have seasonal sales, the combined firms return on assets will have a...
-
Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2015, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $3,456,448. Required 1. Prepare...
-
Del Gato Clinic's cash account shows an $15,282 debit balance and its bank statement shows $13,903 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,596. b....
-
On January 1, 2021, Nash Corp. had 502,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. February 1 Issued 125,000 shares...
-
Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. [The real is Brazil's national monetary unit. On the day this exercise was written, the real was...
Study smarter with the SolutionInn App