1. [2 points] Consider the following data for India: GDP deflator, 2019 (base year: 2011): 138.8 GDP deflator, 2018 (base year: 2011): 135.7 GDP, 2019 (current prices): 203,848 billion rupees GDP, 2018 (current prices): 189,712 billion rupees Labor Force, 2019 (millions of people): 494.3 Employment, 2019 (millions of people): 467.8 Interest rate (91-day Treasury yield, annual interest rate, 2019): 5.32% Calculate: (a) the inflation rate for 2019; (b) the real GDP growth rate for 2019; (c) the unemployment rate for 2019; (d) the real interest rate for 2019.

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?