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Following are the quantities and prices for the years 2010 and 2018 for Kinzua Valley Geriatrics. Use 2010 as the base period. 2010 2018
Following are the quantities and prices for the years 2010 and 2018 for Kinzua Valley Geriatrics. Use 2010 as the base period. 2010 2018 Item Syringes (dozen) Price Quantity Price Quantity $ 6.28 1,361 $ 6.85 1,739 Thermometers 8.38 13 12.02 14 Advil (bottle) 6.10 235 5.94 345 Patient record forms (box) 6.10 868 8.77 955 Copier paper (box) 10.64 32 13.63 48 a. Determine the simple price Indexes. (Round your answers to 2 decimal places.) Simple index Item Syringes Thermometers Advil Patient record forms Computer paper b. Determine the simple aggregate price Index for the two years. (Round your answer to 2 decimal places.) Simple aggregate price index c. Determine the Laspeyres price Index. (Round your answer to 2 decimal places.) Laspeyres price index d. Determine the Paasche price Index. (Round your answer to 2 decimal places.) Paasche price index e. Determine Fisher's Ideal Index. (Round your answer to 2 decimal places.) Fisher's ideal index
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