Answer: $51 million
Explanation:
Firstly, we need to calculate the required reserve which will be:
= $500 × 15%
= $500 million × 0.15
= $75 million
Then, the excess reserve will be:
= $126 million - $75 million
= $51 million
Therefore, the maximum deposit outflow it can sustain without running into reserve deficiency is $51 million.
Answer:
a.
VC/unit = $3 per unit
Fixed Cost = $800
b.
Total Cost = $25400
Explanation:
a.
The high-low method is used to separate the components of a mixed cost and it calculates the variable cost component in a mixed cost. The formula to calculate the variable cost per unit under the high-low method is as follows,
VC/unit = [Highest Activity cost - Lowest Activity Cost] / [Highest Activity units - Lowest Activity units]
VC/unit = [22400 - 6500] / [7200 - 1900]
VC/unit = $3 per unit
Using figures from March, The total fixed costs will be,
Fixed cost = 6500 - [3 * 1900]
Fixed Cost = $800
b.
Total cost in a month with 8200 units will be,
Total Cost = Total Fixed cost + Total variable costs
Total Cost = 800 + (3 * 8200)
Total Cost = $25400
The primary target market for a best cost-provider is the value-conscious buyers.
<h3>What is this value-conscious buyers about?</h3>
Value consciousness is a term that connote that consumers often pay more attention to deals and any kind of unique offers and are prepared to buy in bulk to be able to get discounts.
Therefore, The primary target market for a best cost-provider is the value-conscious buyers.
Learn more about target market from
brainly.com/question/20812603
#SPJ11
Answer:
The Journal entry with their narrations shown below:-
Explanation:
The Journal Entry is shown below:-
1. Petty cash Dr, $271
To Cash $271
(Being establishment of petty cash fund is recorded)
2. Freight-in Expenses(delivery charges) Dr, $76
Supplies expenses Dr, $41
Postage expenses Dr, $49
Loan to employees (Accounts receivable) Dr, $33
Miscellaneous expenses Dr, $52
Cash short and over Dr, $8
To Cash $259
($271 - $12)
(Being disbursement of cash is recorded)
3. Petty cash Dr, $116
To cash $116
(Being increase in petty cash is recorded)
