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3 years ago

The primary purpose of the legal reserve requirement is to:

Business

1 answer:

Marta_Voda [28]3 years ago

4 0

Answer: The correct answer is choice C.

Explanation: The primary purpose of the legal reserve requirement is to provide a means by which monetary authorities can influence the lending ability of commercial banks. These policies are the way in which the Federal Reserve can control the money supply.

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Kahil Mfg. makes skateboards and uses a weighted average process costing system. On May 1, 2013, the company had 400 boards in p

shutvik [7]

Answer:

Equivalent Units Materials 1700 Conversion 2630

Cost per EUP Materials: 38.308 Conversion : 19.55

Explanation:

The weighted average method can be calculated using the beginning inventory and the units started .

Kahil Mfg

Weighted Average Method

Particulars Units % Of Completion Equivalent Units

Materials Conversion Materials Conversion

Beginning

Inventory 400 70 85 280 350

Units Started 3800 40 60 1520 2280

Equivalent Units 1700 2630

Beginning WIP Inventory costs

Direct material Conversion

$ 4,349 4,658

Current period costs

60,775 46,750

Total Costs 65,124 51,408

Cost per EUP

65,124/1700 51,408/2630

38.308 19.55

5 0

3 years ago

______ is a tool that reminds managers to look at several distinct categories in the macro environment.

nata0808 [166]

Pestel is a tool that reminds managers to look at several distinct categories in the macro environment.

<h3>What is the macro environment?</h3>

This is the term that is used to refer to the environment that is made up of the major forces that are both external and also uncontrollable that is used to influence the decision making process of a firm.

The macro environment is made up of such factors such as demographics, economy, technology, political and a lot more of other factors. They are used to control the decision making process in the nation. It is also referred to as the environment at large

Read more on macro environment here: brainly.com/question/16080962

#SPJ1

5 0

1 year ago

Nile Corp. has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:

True [87]

Answer:

Overheads cost allocated to Mossman Job = $449

Explanation:

We have been provided the cost of each activity and their respective drivers.

There are three activities

Supervision of Direct Labor = $304,000 for 760,000 labor hours

Machine Maintenance = $153,600 for 960,000 hours

Facility rent = $165,000 for 110,000 square feet

Activities of Mossman Job and respective costs will be as follows:

Supervision of Direct Labor = $304,000/760,000 X 260 labor hours = $104

Machine Maintenance = $153,600/960,000 X 1,500 = $240

Facility Rent = $165,000/110,000 X 70 = $105

Net Overheads cost allocated to Mossman Job = $104 + $240 + $105 = $449

6 0

3 years ago

Crane Company sells 50000 units for $10 a unit. Fixed costs are $350000 and net income is $100000. What should be reported as va

koban [17]

Answer:

Variable expenses = $50,000

Explanation:

Given:

Sales price = 50,000 x $10 = $500,000

Fixed costs = $350,000

Net income = $100,000

Find:

Variable expenses

Computation:

Variable expenses = Sales price - Fixed costs - Net income

Variable expenses = $500,000 - $350,000 - $100,000

Variable expenses = $50,000

5 0

3 years ago

Where were the critical ww1 battles fought

alekssr [168]

Answer:

It's Frence.

city of Verdun-sur-Meuse in northeast France

3 0

3 years ago