Answer:
Total reserves of banks
Explanation:
To ensure that banks are do not lend all their deposit to the public as loan, they are mandated by the regulatory authority (Federal Reserve or Central Bank) to keep a certain percentage of their deposit liabilities in a liquid form to ensure they are able to meet the daily withdraw request of their customers. The entire amount set aside for this purpose by the banking system is called Total Reserves of Banks.
When consumers make withdrawals of currency from their bank deposits, the total reserves of banks will decrease because the withdraw is coming from the bank reserve. .
Answer:
Explanation:
1. prime costs: direct materials+direct labour
= $15,500+$22,000
= $37,500
2. Conversion Costs= Direct labour + Manufacturing Overheads
= $22,000+ $16,500
= $38,500
3. Product Costs = direct material+ direct labour+ manufacturing overheads
= $15,500 + $ 22,000 + $16,500
= $54,000
4. Period Costs = Selling expenses+ administrative expenses
= $6,900 + $15, 200
= $22,100
If 7,750 equivalent units are produced, what is the equivalent material cost per unit = direct materials costs / unit produced
= $15,500/7,750
= $2 per unit
If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit = total conversion costs/unit produced
= $38,500/22,000
=$1.75 per unit
I believe The Industrial Revolution impacted the environment. The world saw a major increase in population, which, along with an increase in living standards, led to the depletion of natural resources. The use of chemicals and fuel in factories resulted in increased air and water pollution and an increased use of fossil fuels.
Hope this helps!