Answer:
Americans piled into the metal as protection from the collapsing value of the dollar. But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private.
Explanation:
:D
Answer:
There will be a difference in the income .
Absorption costing income will be lower as it transfers all the fixed costs to the ending inventory.
Variable costing income will be higher as it does not transfer the fixed costs to the ending inventory.
The difference will be of $ 104000
Explanation:
Increase in units 8000
Variable Fixed
Unit manufacturing costs of the period $24.00 $10.00
Unit operating expenses of the period 8.00 3.00
Total Unit Costs $ 32.00 $ 13.00
The net operating income under variable costing for the year will be $ 13* 8000= $ 104000 Lower than the net operating income under absorption costing. This is because the all fixed costs will be treated as period cost rather than product costs.
In variable costing the ending inventory will be $104000 lower than the ending inventory under absorption costing because the fixed costs will not be allocated to products.
Under variable costing, the units in the ending inventory will be costed at $32 each.Under absorption costing, the units in the ending inventory will be costed at $32+ $ 13= $ 45 each.
Answer:
Oil to Commodity market, Treasuries to current exchange market, and Dollars to bond market
Explanation:
The total decrease in deposits in the banking system is $250,000.
<h3>What is total decrease in deposits?</h3>
Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves.
Decrease in deposits = amount withdrawn / required reserve ratio
$25,000 / 0.1 = $250,000
To learn more about reserve ratio, please check: brainly.com/question/6831267
#SPJ1
