Answer:
b. direct labor and factory overhead
Explanation:
The conversion cost is that convert which is used to convert the raw material to the finished goods inventory. It is a combination of the direct labor cost and the factory overhead or manufacture overhead cost.
It can be fixed or variable marinating costs only. It does not include direct material cost
It is computed by taking a difference of production cost and raw material cost
Hence option b is correct
Solution :
The optimal order quantity, EOQ = 
EOQ = 
= 115.47
The expected number of orders = 

= 17.32
The daily demand = demand / number of working days

= 8.33
The time between the orders = EOQ / daily demand

= 13.86 days
ROP = ( Daily demand x lead time ) + safety stock

= 76.64
The annual holding cost = 

= 207.85
The annual ordering cost = 

= 207.85
So the total inventory cost = annual holding cost + annual ordering cost
= 207.85 + 207.85
= 415.7
Answer:
Point of trough = B and D
Explanation:
As per the data given in the question,
The troughs are those points where the real GDP of economy fails and then later it increases. In July 1953 real GDP is 1992.2, which further fails to 1941 in May 1954, and then increases again to 2182.7 in April 1957. Hence B is that point where trough takes place.
Likewise, Real GDP is falling to 2,117.4 in April 1958, which Rising to 2391.0 in April 1960. Therefore D is also that point where trough takes place.
Thus, Option (e) : point (B) and (D) is correct answer.
Answer:
B buy U.S. Government securities from bank dealers with an agreement to sell them back at a later date
Explanation:
The Federal reserve uses open market operations to regulate liquidity in the economy. This eases or restricts how bank dealers can give credit.
To ease credit giving ability of bank dealers the Federal Reserve will buy US Government securities from bank dealers. This gives them extra money which they can give out as loans to their customers.
On the other hand when credit needs to be tightened, the Federal Reserve will mop up cash by selling Government securities to the bank dealers