Despite ongoing debates about the appropriateness of macroeconomic policies, many macroeconomists have reached a modern consensu
s on several important issues.Which of the following statements regarding monetary policy are true according to the macroeconomic consensus in the United States? Check all that apply.a. Congress, not the Federal Reserve, should be in charge of monetary policy.b. Expansionary monetary policies should be used to keep unemployment below its natural rate.c. Monetary policy should focus on price stability.
1 answer:
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Answer:
$52,285
Explanation:
The computation of the total manufacturing cost assigned to Job P is shown below:-
Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead applied
= $13,000 + $21,000 + (2,300 × $7.95)
= $13,000 + $21,000 + $18,285
= $52,285
Therefore for computing the total manufacturing cost assigned to Job P we simply applied the above formula.
