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1 year ago

the fed took action in late 2008 to significantly decrease the federal funds rate. this action is best considered:

1 answer:

5 0

At the end of 2008, the Fed took action to significantly lower the federal funds rate.The best way to describe this action is as offensive.

Quantitative facilitating is a strategy when a national bank endeavors to invigorate the economy by purchasing long haul protections.The Fed wanted to lower the interest rates on 10-year Treasury notes and mortgages.

In response to the Great Recession, what actions did the Federal Reserve take?

To lower interest rates, it bought on the open market.

The Federal Funds Rate—also known as the Federal Funds Target Rate or the Fed Funds Rate—is set by the Federal Open Markets Committee (FOMC) to direct overnight lending among U.S. banks.It is established as a range between two limits.Currently, the federal funds rate is 3.75 percent to 4%.

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Using the information below for Sundar Company; determine the cost of goods manufactured during the current year: Direct materia

Citrus2011 [14]

Answer:

c. $ 98,000

Explanation:

The cost of goods manufactured is determined by adding the total manufacturing cost and adjusting it for the difference in work in process balances.

Direct Materials Used $ 19,000

Direct Labor Used $ 24.500

Factory Overhead <u>$ 55.100</u>

Total manufacturing cost input $ 98,600

Add: Opening work in process $ 10.700

Less: Closing work in process <u>$ (11,300)</u>

Cost of goods manufactured <u>$ 98,000</u>

7 0

2 years ago

In the ocean, the greatest amount of heat from incoming solar radiation would transfer to ___

Lina20 [59]

In the ocean, the greatest amount of heat from incoming solar radiation would transfer to the top 10 cm of the surface.

Solar radiation often referred to as solar resources or simply sunlight, is the general term for electromagnetic radiation emitted by the sun. Solar radiation can be captured using a variety of technologies and converted into useful forms of energy such as heat and electricity.

The portion of the spectrum reaching the Earth from the Sun is between 100 nm and 1 mm. This band is divided into three regions: ultraviolet, visible, and infrared.

Radiation can alter the cardiovascular system, damage the heart, harden and constrict arteries, and remove some of the cells lining the blood vessels, causing cardiovascular disease. Radiation exposure can interfere with neurogenesis, the process of forming new cells in the brain.

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3 0

1 year ago

Use the graph to answer the question that follows.

Damm [24]

The movement from point B to point A is due to the price that companies can charge for the product decreases. Therefore the 3rd option is correct.

<h3>What is supply?</h3>

Supply is the economic concept which refers to the availability of the products and commodities in the market in order to satisfy the needs of the consumers.

According to the Graph, The prices of the commodity is decreased from $20 to $5 and output is also decreased from 200 units to 100 units which implies the decrease in the prices of the product which further implies the decrease in the level of supply.

Therefore the 3rd option is correct.

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5 0

1 year ago

Colina Production Company uses a standard costing system. The following information pertains to the current year. Direct labor h

mash [69]

Answer:

variable overhead efficiency variance= $562.5 unfavorable

Explanation:

Giving the following information:

The actual production of 5,500 units

Actual direct labor hours= 11,250

Standard direct labor for 5,500 units:

Standard hours allowed 11,000 hours

First, we need to determine the variable overhead rate:

Variable overhead rate= 22,500/10,000= $2.25 per direct labor hour

Now, using the following formula we can determine the variable overhead efficiency variance:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

variable overhead efficiency variance= (11,000 - 11,250)*2.25

variable overhead efficiency variance= $562.5 unfavorable

3 0

2 years ago

ompute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following informati

Salsk061 [2.6K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

1. We weren't provided with enough information to calculate the plantwide predetermined overhead rate. <u>But, I can provide the information required as an example and the formulas necessary.</u>

Estimated overhead= 1,200,000

Estimated machine-hours= 350,000

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,200,000/350,000

Predetermined manufacturing overhead rate= $3.43 per machine hours.

2. Job 400:

Direct materials $320

Direct labor cost $240

Machine-hours used 36

Total manufacturing cost= 320 + 240 + 36*3.43

Total manufacturing cost= $683.48

3. Job 400= 50 units

Unitary cost= 683.48/50= $13.67

4. Moody uses a markup percentage of 120% of its total manufacturing cost

Selling price per unit= 13.67*1.2= $16.404

4 0

3 years ago