Question
(2001) (2001) Amount (2002) (2003) (2004) Items Qty Price Spent Price Price Price Apples 10 $0.50 $0.75 $0.85 $0.88 Bananas 12 $0.20 $0.25 $0.25
(2001) (2001) Amount (2002) (2003) (2004) Items Qty Price Spent Price Price Price Apples 10 $0.50 $0.75 $0.85 $0.88 Bananas 12 $0.20 $0.25 $0.25 $0.29 Grapes 2 $0.65 $0.70 $0.90 $0.95 Raspberries 1 $2.00 $1.90 $2.05 $2.13 $2.13 Total The table about shows a college student's fruit basket. The price indices of the fruit basket in 2002 and 2003, using 2004 as the base year are O a. 84.61 and 94.11 O b.89.90 and 100 OC. 69.71 and 89.90 O d. 100 and 106.3 QUESTION 50 Based on the price indices from the previous question, the inflation rate of 2003 (compared with 2002) was a. 21.37% O b. 11.23% O c. 8.1% Od. 6.3% (2002) Amount Spent (2003) Amount Spent (2004) Amount Spent
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
6th Edition
324559674, 978-0324559675
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