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AlexFokin [52]
3 years ago
13

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.

Business
1 answer:
ser-zykov [4K]3 years ago
7 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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The following costs result from the production and sale of 4,900 drum sets manufactured by Tight Drums Company for the year ende
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Answer:

Instructions are listed below

Explanation:

Giving the following information:

The following costs result from the production and sale of 4,900 drum sets manufactured. The drum sets sell for $340 each.

Variable production costs:

Plastic for casing $ 171,500

Wages of assembly workers 490,000

Drum stands 215,600

Variable selling costs Sales commissions 161,700

Total= $1,038,800

Fixed manufacturing costs:

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Factory maintenance 12,000

Factory machinery depreciation 72,000

Total= 90,000

Fixed selling and administrative costs:

Lease of equipment for sales staff 12,000

Accounting staff salaries 62,000

Administrative management salaries 142,000

Total= 216,000

The company has a 35% income tax rate.

Contribution format income statement:

Revenues= 4900*340= 1,666,000

Variable costs= 1,038,800 (-)

Contribution margin= 627,200

Fixed manufacturing costs= 90,000 (-)

Fixed selling and administrative costs= 216,000 (-)

Net operating income= 321,200

Tax= 112,420 (-)

Net income= $208,780

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Iowa enacts a law that restricts certain kinds of advertising to protect consumers from being misled. This law would likely be h
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Match each of the options above to the items below.
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Answer:

a. Revenues, expenses. and dividends - Temporary accounts

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Geologists estimate that the age of the earth is 4.54 billion years old, based on
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