Answer:
no
Explanation:
my grandma retired so I know a little about retirement
Solution:
The reserve ratio is 10%.
Money multiplier =
=
= 10.
So, the money multiplier increases by 10.
Money supply = amount x money multiplier = 1,000 x 10 = 10000
Therefore, because any certain items are equivalent, the rise in the currency supply is 10000 dollars.
When the FED sells 1,000 million worth of debt, this would further increase the monetary market, as the investments are fresh funds and the income from the bank is now used in the money supply.
Answer:
selling expense
Explanation:
The cost which is charged to manufactured a product is known as product cost
Plus product cost is a combination of direct material; direct labor and indirect cost i.e indirect material and indirect cost
In mathematically,
Product cost = Direct materials cost + Direct labor cost + manufacturing overhead cost
The indirect cost is also known as manufacturing overhead cost.
The cost which is charged to manufactured a product is known as product cost
Answer:
Material quantity variance =$74, 280 unfavorable
Explanation:
<em>The material quantity variance occurs when the actual quantity of material used to achieve a given level of output is more or less than the standard quantity expected.</em>
For Silmon Corporation, it can be computed as follows:
Quantity variance is
Gram
5,300 units should have used ( 5300× 5.1 ) 27,030
but did used <u>39,410</u>
Variance in quantity 12,380 Unfavorable
Price per unit <u> × $6</u>
Material quantity variance <u> $ 74,280</u>. Unfavorable
Material quantity variance =$74, 280 unfavorable