Q2. At the beginning of 2018, the AUD/USD exchange rate was 1.9585 and the 2018 inflation rates were 3.10% for Australia and 2.33% for the US. What should the AUD/USD PPP exchange rate be at the beginning of 2019?

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear