Increasing the reserve requirement is a powerful ANTI INFLATION weapon that reduces the overall supply of money.
In order to reduce the amount of money in an economy, the federal reserve can increase the reserve requirements of the commercial banks in the economy. This will reduce the amount of money that the banks can give out as loan and this will work to prevent inflation.
Answer:
COGS= $122,000
Explanation:
Giving the following information:
Beginning finished goods inventory $48,000
Cost of goods manufactured $117,000
Ending finished goods inventory $43,000
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 48,000 + 117,000 - 43,000
COGS= $122,000
Penetration evaluation could be a strategy utilized by businesses to draw in customers to a brand-new product or service by giving a cheaper price ab initio.
The cheaper price helps a brand-new product or service penetrate the market and attract customers far from competitors.
EDLP is related to Walmart because the company has used it systematically in its selling. As an evaluation strategy, Walmart founder SAM Walton used EDLP once gap his initial stores.
In a predatory evaluation theme, area unit costs are set low to drive out competitors and build a monopoly. Shoppers could enjoy lower costs in the short term. However, they suffer if the theme succeeds in eliminating competition, as this could trigger an increase in costs and a decline in selection.
To learn more about monopoly, visit here
brainly.com/question/5992626
#SPJ4
Answer:
Results are below.
Explanation:
Giving the following information:
Predetermined overhead rate= $18.00 per direct labor-hour
Direct labor wage rate= $12.00 per hour.
Job A-500
Direct materials $220
Direct labor $60
<u>First, we need to calculate the direct labor hours:</u>
Direct labor hours= 60/12= 5
<u>Now, we can allocate overhead:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 18*5
Allocated MOH= $90
<u>Finally, the unit cost:</u>
<u></u>
Total cost= 220 + 60 + 90= $370
Unit cost= 370/60
Unit cost= $6.17
