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3 years ago

Use the following data to compute total manufacturing costs for the month:

Business

1 answer:

NeTakaya3 years ago

8 0

Answer:

total manufacturing costs for the month is $134,400

Explanation:

To compute total manufacturing costs for the month consider only the costs that are factory related.

<u>total manufacturing costs for the month : calculation.</u>

Direct labor 40,900

Indirect materials 16,500

Factory manager salaries 8,500

Factory supplies 10,300

Indirect labor 7,600

Direct materials 41,800

Depreciation—factory equipment 8,800

Total manufacturing costs 134,400

Therefore, total manufacturing costs for the month is $134,400

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Distinguish between planned economy and mixed economy?

Anettt [7]

Answer:

CHECK THE EXPLANATION.

Explanation:

A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning whereas a mixed economy is an economy organized with some free market elements and some socialistic elements, which lies on a continuum somewhere between pure capitalism and pure socialism. ... Mixed economies socialize select industries that are deemed essential or that produce public goods.

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2 years ago

The simple deposit multiplier equals A. the ratio of the amount of deposits created by banks to the amount of new reserves. B. t

ioda

Answer:

All of the above

Explanation:

A simple deposit multiplier is the quantity of cash kept in reserve by a bank. It is said to be percentage of the amount in deposit at the bank. If the bank has a deposit multiplier of 20%, it then means that the bank must be able to keep $100 in reserve for every $500 they have in their deposits. Then investors can access the remaining $400 available as bank loans.

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3 years ago

Assume that interest rate parity holds and that 90-day risk-free securities yield 6% in the United States and 6.5% in Germany. I

Marianna [84]

Answer: 1.356345

Explanation:

Based on the scenario and information provided in the question, the 90-day forward rate will be calculated as:

= Spot Rate × (1 + Germany Interest Rate) / (1 + United States Interest Rate)

= 1.35 × (1 + 6.5%) / (1 + 6%)

= 1.35 × (1 + 0.065) / (1 + 0.06)

= 1.35 × 1.065/1.06

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= 1.356345

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3 years ago

Which of the following happens when there are market failures? A) Firms compete more leading to more efficiency. B) The invisibl

lbvjy [14]

Answer:

The correct answer is option D.

Explanation:

A market failure refers to the situaion where the market forces fail to efficiently allocate resources. It happens because of a number of reasons such as externalities, monopoly, asymmetrical information, tragedy of commons etc.

In case of market failure, the government has to intervene to efficiently allocate resources. The failure of price mechanism to produce goods efficiemtly results in government to intervene.

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3 years ago

The price of wheatwould be â$nothingper bushelif there was no price support. In order to maintain the priceâ support, the govern

horrorfan [7]

Answer:

$5, 200 bushels of wheat

Explanation:

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3 years ago