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3 years ago

Which of the following is not true?

1 answer:

34kurt3 years ago

3 0

Answer: C. The market for loanable funds is comprised of those who want to save (the suppliers of funds) and those who want to borrow (the demanders of funds) Where the supply curve for loanable funds and the demand curve for loanable funds intersect determines the size of the budget deficit.

This statement is not true because where the supply curve and demand curve meet is the equilibrium interest rate, and not the size of budget deficit.

Explanation:

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Standards are set by a.manufacturing engineers. b.accountants. c.other management personnel. d.All of these choices are correct

andrew11 [14]

Answer: d.All of these choices are correct.

Explanation: all of the listed options all make use of standar, manufacturing engineer, accountant, and other management personnel make use of standards to estimate the acceptable production efficiency. Standards are also set by this personnel’s to motivate employees so as to achieve efficient operations and use of man power.

8 0

4 years ago

Consider Derek's budget information: materials to be used, $64,750; direct labor, $198,400; factory overhead, $394,800; work in

natita [175]

Answer:

Option (c) is correct.

Explanation:

Given that,

Materials to be used = $64,750;

Direct labor = $198,400;

Factory overhead = $394,800;

Work in process inventory on January 1, = $189,100;

Work in progress inventory on December 31, = $197,600

Firstly, we are calculating the manufacturing cost by adding direct material, direct labor cost and factory overhead. It is calculated as follows:

= Direct material + Direct labor + Factory overhead

= $64,750 + $198,400 + $394,800

= $657,950

Cost of goods manufactured determine the value of goods produced during a period of time. It refers to the cost that is incurred to convert the raw material into the finished goods.

Therefore, the cost of goods manufactured is calculated as follows:

= Manufacturing cost + Opening work in process - Closing work in in process inventory

= $657,950 + $189,100 - $197,600

= $649,450

3 0

3 years ago

A fifteen-year adjustable-rate mortgage of $117,134.80 is being repaid with monthly payments of $988.45 based upon a nominal int

Sedbober [7]

Answer:

Using an excel spreadsheet I prepared an amortization schedule. For the 61st payment, the interest rate is increased from 0.5% to 0.625% monthly.

(a) Calculate the loan balance immediately after the 84th payment.

$77,884.78

(b) Calculate the amount of interest in the 84th payment.

$489.90

$12,168.43

As you can see, the interest amount for the 61st payment increases, while it had been decreasing previously.

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3 0

3 years ago

The Foundational 15 [LO10-1, LO10-2] [The following information applies to the questions displayed below.] Westerville Company r

Degger [83]

Answer:

Margin = 1%

Explanation:

To calculate the margin related to these year investment opportunity, we use the following method.

Margin = net operating income/ sales

Margin = $460,000/ $ 460,000

Margin = 1%

8 0

4 years ago

Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will . The dem

exis [7]

Answer:

decrease

increase

Frictional

) establishing government employment agencies to connect unemployed workers to job vacancies

Explanation:

The options needed to answer the last question are :

a) extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government

b) establishing government employment agencies to connect unemployed workers to job vacancies

c) offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks

The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

It follows that if the world price of cotton falls, the quantity supplied would fall too as firms would reduce their production of cotton. If firms reduce their production of cotton, they would need less labour and the demand for Labour would fall.

In the industry that makes use of cotton has an input, the fall in world price would make cotton cheaper. The firm would increase the quantity demanded for and as a result production would increase. Firms would need more labour as a result of the increase in production. Therefore, the demand for Labour would increase.

Frictional unemployment is unemployment that results as a result of labour moving from one job to another

Establishing government employment agencies to connect unemployed workers to job vacancies would ease the job search of labour and reduce unemployment.

I hope my answer helps you

4 0

3 years ago