Answer:
The price level doubles.
Explanation:
The market for money is like any other market for goods or services, except that in this specific market, the Fed is a monopoly and everyone else are the consumers. If the demand for money increases, while the supply remains the same, the nominal value of money increases (interest rate increases). This combination of higher demand and higher costs increase the inflation rate which represents the general price level.
The inflation rate basically shows us the difference between the demand for money and the supply of money, and if that difference is two times, then the inflation rate will also double. When the inflation rate ,doubles, it means that the general price level doubles.
Answer:
18 units
Explanation:
The computation of the economic order quantity is shown below:
=
=
= 18 units
At 18 units of order size, the total cost would minimize.
It is that level at which the total carrying cost and the total ordering cost is equal.
Total cost = Purchase cost + ordering cost + carrying cost
It is a combination of purchase cost, ordering cost and the carrying cost
Answer:
correct option is a. $25,000
Explanation:
given data
Form 1099-MISC = $24,600
other firm = $400
solution
we get here Laura income report under Self employed that is express as
Laura income report under Self employed = total income of ( Form 1099-MISC + other firm ) ..........................1
here we Form 1099 MISC receipt so her income will be treat as self employed income
so put here value we get
Laura income report under Self employed = $24,600 + $400
Laura income report under Self employed = $25000
so correct option is a. $25,000
Answer:
b. $ 264
Explanation:
Engineering
design mat. handling Setup Total
$6,000 $5,000 $3,000 $14.000
2 for X-rays 400 8 for X-rays
1 for ultrasound 600 7 for ultrasound
costs fro producing 100 ultrasound machines:
- direct materials $8,000
- direct labor $12,000
- design costs = ($6,000/3) x 1 = $2,000
- setup costs = ($3,000/15) x 7 = $1,400
- material handling costs = ($5,000/1,000 parts) x 600 = $3,000
total production costs = $26,400
production costs per unit = $26,400 / 100 units = $264
Given:
FG, beginning 160,500
Add: completed and transferred: <u>837,000</u>
997,500
Less: FG, ending <u> 158,200</u>
Cost of goods sold 839,300
Debit Credit
Cost of Goods sold 839,300
Finished goods 839,300
Cost of goods sold is only recorded when sales of the products are made.