Question
Johnson Wholesale Company manufactures a variety of products. The prices and quantities produced for April 2000 and April 2013 are: Product..........................(Year 2000)Price...........(Year)2013Price..........(Year)2000Quantity Produced.........(Year)2013Quantity Produced Small
Johnson Wholesale Company manufactures a variety of products. The prices and quantities produced for April 2000 and April 2013 are:
Product..........................(Year 2000)Price...........(Year)2013Price..........(Year)2000Quantity Produced.........(Year)2013Quantity Produced
Small motor (each)...................... $23.00.............................$28.00...............................1,960............................................4,239
Scrubbing compound (gallon).......2.10.................................3.80.................................86,300...........................................62,650
Nails (pound).................................0.20.................................0.30.................................9,900.............................................22,135
Using April 2000 as the base period, find the value index of goods produced for April 2013. (Round your answer to 1 decimal place.)
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