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3 years ago

The Federal Reserve System Multiple Choice

Business

1 answer:

Aliun [14]3 years ago

4 0

Answer: Federal reserve system is basically an independent agency.

Explanation: The Federal reserve system is the bank that functions as the central bank of the USA. It is an organization that oversees most of the economic activities of the nation, supervises the banks in the country, and help to reduce effects of financial crisis.

The federal reserve system is mainly an independent body, with it's own president and other leadership positions but it is answerable to the Congress of the USA.

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Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead cos

kozerog [31]

Answer:

Results are below.

Explanation:

Giving the following formula:

Variable overhead:

Indirect labor $1.00

Indirect materials 0.70

Utilities 0.40

Total fixed overhead= 4,000 + 1,200 + 800= $6,000

In the relevant rage, the fixed costs remain constant. Only the variable cost change with production on a total basis.

7,000 Units:

Indirect labor= 1*7,000= 7,000

Indirect materials= 0.70*7,000= 4,900

Utilities= 0.40*7,000= 2,800

Total= 14,700

Total fixed overhead costs= 6,000

Total overhead= $20,700

8,000 Units:

Indirect labor= 1*8,000= 8,000

Indirect materials= 0.70*8,000= 5,600

Utilities= 0.40*8,000= 3,200

Total= 16,800

Total fixed overhead costs= 6,000

Total overhead= $22,800

9,000 Units:

Indirect labor= 1*9,000= 9,000

Indirect materials= 0.70*9,000= 6,300

Utilities= 0.40*9,000= 3,600

Total= 18,900

Total fixed overhead costs= 6,000

Total overhead= $24,900

10,000 Units:

Indirect labor= 1*10,000= 10,000

Indirect materials= 0.70*10,000= 7,000

Utilities= 0.40*10,000= 4,000

Total= 21,000

Total fixed overhead costs= 6,000

Total overhead= $27,000

7 0

3 years ago

Plastbolt, a company that manufactures and supplies plastic bottles, wants to acquire a smaller company. It plans to invest in t

goldfiish [28.3K]

Answer:

options-based planning

Explanation:

Options-based planning is defined as one that focuses on what could go wrong in a given business venture. Resources are now used to mitigate the projected issues that can arise.

In the give scenario Plastbolt is trying to invest in two smaller plastic manufacturing companies and buy the one that it finds yields better returns.

So they have an option of going ahead with the venture that has better returns.

5 0

3 years ago

What is the best way to prepare for an inspection?

Alekssandra [29.7K]

Answer: A

Explanation: I don't really understand the question but if im understand it correctly than it is A you are suppose to clean everything and check everything. Make sure everything is running right

7 0

3 years ago

In order to comply with DAVID Memorandum of Understanding requirements, a user must acknowledge understanding of:

a_sh-v [17]

Answer:

Acknowledge his/her understanding of criminal sanctions for unauthorized use 20

Explanation:

According to the Department of Highway Safety and Motor Vehicles Division of Motorist Services DRIVER AND VEHICLE INFORMATION DATABASE otherwise known as DAVID.

In order to comply with DAVID Memorandum of Understanding requirements, a user must acknowledge understanding of criminal sanctions for unauthorized use 20.

Also, a user must acknowledge his/her understanding of the confidentiality of information

8 0

3 years ago

Preferred stock of leaping dolphin inc. pays 8% on the $100 par value. what is the value of the stock if the appropriate discoun

ra1l [238]

Calculate the value of the stock:

The dividend on preferred stock is received constantly for perpetuity. So, the value of preferred stock can be calculated by dividing the dividend with the required rate of return. If the dividend rate is 8% on par value of $ 100 and required rate is 6% the value of preferred stock will be P = (100x0.08)/0.06 = 8/0/06 = 133.3333333

7 0

3 years ago