Answer:
Consider the following calculations
Explanation:
a,) required reserves = (20/100) x $300 million = $60 million
b.) Since second bank has reserve of $65 million but needed only $60 million so the bank can LEND reserves of $5 million in the federal funds market.
Answer:
Cost of Good Sold Using Fifo $40,570
Ending inventory using Fifo $3,600
Ending inventory Using Specific Identification can not be calculated as the total sales (555) exceeds the available inventory (510)
Explanation:
Answer:
B
Explanation:
Standard cost is the finding of a suitable cost standard to determine the price of a commodity in a away that profit will be maximized , which also involves a regular periodic review to establish a change in the pattern called variance and the reason for the variance investigated.
It's common dis advantage is being time consuming and expensive as much labor are required.
Therefore , it does not support timeliness
Answer:
Solution Units to be sold = 4262.76 units or 4263 units approx Working Current Changed Sales revenue $ 1,608,750.00 Total Variable
Explanation: