Answer:
$162,000
Explanation:
The amount of cost of goods manufactured is computed as
= Labor cost + Direct materials purchased + overhead costs - ending balance of materials - ending balance of work in process
= $57,000 + $25,000 + $88,000 - $3,000 - $5,000
= $162,000
Hence, the cost of goods manufactured is $162,000
Answer:
1) Federal Reserve Banks lend to commercial banks.
Answer:
c. money supply to rise. To reduce the impact of this the Fed could sell Treasury bonds.
Explanation:
Since in the question it is given that the bank has decided to hold fewer reserves that contain excess reserves as compared to deposits so for this they have to borrowed the amount or the saving amount should be invested
This results in declining in interest rate which causes the money supply risen also the demand and the investment for the nation has risen that develop the inflation but for declining the inflation the FED has to sell the bonds so that it comes at equilibrium point again
Answer:
$2.56 per share
Explanation:
The formula to compute the diluted earning per share is shown below:
= (Net income reported - preferred stock dividend) ÷ (Outstanding number of shares + additional shares issued)
= ($3,400,000 - $200,000) ÷ (1,200,000 + 50,000)
= ($3,200,000) ÷ (1,200,000 shares)
= $2.56 per share
We simply divided the net income after deducting the preferred stock dividend and then divided it by the total number of shares
Answer:
d. both the income and substitution effects encourage the consumer to purchase less of the good.
Explanation:
The income effect is the effect on the income when there are price changes. When the price increases, people can buy less products with the same income which means that the consumer will be encouraged to purchase less goods.
The substitution effect says that an increase in the price of a product will make customers to buy other similar products which will make them to purchase less of the good with the higher price.
