Given below is the data on real gdp and potential gdp for the nation of anaziland for the years 2009-2013, in billions of 2009 currency. calculate the output gap for each year as a percentage of potential gdp. state whether the gap is a recessionary gap or an expansionary gap. also, calculate the year-to-year growth rates of real gdp. year real gdp potential gdp output gap (percentage) type of gap (recessionary or expansionary) growth rate of real gdp (percentage)2009 11,550 11,760 2010 11,990 11,800 2011 12,450 12,200 2012 12,480 12,760 2013 12,200 13,000
(enter your response as a percentage rounded two decimal places.)a recessionary gap is identified during: a) 2010-2011b) 2009; 2012-2013c) 2011-2012d) 2009-1020; 2013

Jurvin enterprises is a manufacturing company that had no beginning inventories. a subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were purchased for cash. $71,400 in raw materials were used in production. of this amount, $66,300 was for direct materials and the remainder was for indirect materials. total labor wages of $151,700 were incurred and paid. of this amount, $134,300 was for direct labor and the remainder was for indirect labor. additional manufacturing overhead costs of $126,300 were incurred and paid. manufacturing overhead of $126,800 was applied to production using the company's predetermined overhead rate. all of the jobs in process at the end of the month were completed. all of the completed jobs were shipped to customers. any underapplied or overapplied overhead for the period was closed to cost of goods sold.required: 1. post the above transactions to t-accounts.2. determine the cost of goods sold for the period.

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.