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1 year ago

The ________ is responsible for monitoring the money supply and the general stability and safety of the u. s. banking system.

1 answer:

8 0

The Federal Reserve is responsible for monitoring the money supply and the general stability and safety of u. s. banking system.

The US Central Banking System - The Federal Reserve System or Federal Reserve Board (Fed) is the most powerful economic institution in the United States and possibly the world. Its core responsibilities include setting interest rates, managing the money supply, and regulating financial markets.

The Federal Reserve promotes the safety and soundness of individual financial institutions and oversees their impact on the financial system as a whole.

The FOMC controls the country's money supply. The voting members of the FOMC are the Board of Governors, the president of the Federal Reserve Bank of New York, and the presidents of the other four Reserve Banks, who function on a rotating basis. All Reserve Bank Governors participate in FOMC policy discussions.

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Headland Mining Company purchased land on February 1, 2020, at a cost of $1,169,500. It estimated that a total of 52,800 tons of

Nat2105 [25]

Answer:

1. $26 per unit

2. $183,040

3. $503,360

Explanation:

1. Computation of per unit mineral cost

Per unit mineral cost=(1,169,500+96,300+214,000-107,000)/52,800

Per unit mineral cost=1,372,800/52,800

Per unit mineral cost=$26 per unit

Therefore the Per unit mineral cost will be $26 per unit

2. Computation of Total materials cost

Total materials cost= (26,400 tons-19,360 tons)*26

Total materials cost=7,040*26

Total materials cost=$183,040

Therefore the Total materials cost will be $183,040

3. Calculation for the Total materials cost in Cost of goods sold

Total materials cost in Cost of goods sold= (19,360*26)

Total materials cost in Cost of goods sold =$503,360

Therefore the Total materials cost in Cost of goods sold will be $503,360

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3 years ago

The investment a company makes in training employees to perform their duties and redesigning products and processes to improve t

Andre45 [30]

Answer:

True

Explanation:

Prevention Cost is the cost which is incurred to avoid the loss due to defects in the products manufactured, here the cost incurred is as follows:

Training employees that is the benefit from training will be reducing cost and improving quality of the product, therefore, it will be considered as prevention costs.

Further cost incurred for redesigning products and processes will improve the quality of the product and the process therefore this cost can also be considered as prevention costs.

Final Answer

The above statement is true.

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2 years ago

Data concerning Dorazio Corporation's single product appear below:

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Answer:

30600 less 25 000 = 5600

increase in net income

Explanation

1400 units 1000 units

sales 224 000 160 000

(1400*160) (1000*160)

variable costs (106 400) (48 000)

(1400*76) (1000*48)

contribution margin 117 600 112 000

fixed costs (87 000) (87 000)

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Answer:

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The following is a December 31, 2021, post-closing trial balance for the Jackson Corporation.

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Answer:

Explanation:

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