Carleton closures, inc., manufactures clamps used in the overhead bin latches of several leading airplane models. greg poole, president of carleton closures, inc., has gathered the following cost information from the company’s accounting records for the latest month of operations. advertising $25,000 fire insurance premium for the factory building $6,250 sales office utilities $2,500 air filters for the buffing machines used to produce the clamps $1,875 aluminum used to produce the clamps $37,500 rent on the factory building $10,000 freight to ship the clamps to customers $3,125 sales department executives’ salaries $42,500 production supervisors’ salaries $22,500 assembly line workers’ wages $60,000 calculate the total period costs for the month.

Take deep breaths and try to calm yourself down

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.