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galben [10]
3 years ago
10

The total demand for money is the sum of the transactions demand plus the ____________ demand for money.

Business
1 answer:
Mkey [24]3 years ago
5 0

Answer:

precautionary and speculative

Explanation:

Aggregating the transactional, precautionary and speculative demand for money, we get the total demand for money. This is sometimes known as the liquidity  preference curve, and is inversely related to the rate of interest.

Total demand for money=Transactions demand+precautionary and speculative demand for the money

Therefore, the answer to the question is precautionary and speculative

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During the most recent month, the following activity was recorded: a. Eleven thousand two hundred pounds of material were purcha
VikaD [51]

Complete question:

Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:

Standard Quantity or Hours Standard Price or Rate Standard  Cost

Direct materials 4.6 pounds $ 2.50 per pound $ 11.50

Direct labor 0.2 hours $ 12.00 per hour $ 2.40

During the most recent month, the following activity was recorded:

a. Eleven thousand two hundred pounds of material were purchased at a cost of $2.90 per pound.

b. The company produced only 1,120 units, using 10,080 pounds of material. (The rest of the material purchased remained in raw materials inventory.)

c. Five hundred and forty eight hours of direct labor time were recorded at a total labor cost of $6,576.

Solution:

Direct Material price Variance

= (Actual Price - Standard price) x Actual Quantity

= ($2.90 - $2.50) x 10,080 = $4032 (F)

Standard Quantity = 1,120 x 4.6 = 5,152 pounds

Direct Material Quantity Variance

= (Actual Quantity - Standard Quantity) x Standard Price

= (10,080 - 5,152  ) x $2.50 = $12,320 (U)

7 0
3 years ago
An outside supplier offers to provide Epsilon with all the units it needs at $60 per unit. If Epsilon buys from the supplier, th
Oduvanchick [21]

Question Completion:

Epsilon Co. can produce a unit of product for the following:

Direct material $8

Direct labor 24

Overhead 40

Total costs per unit $72

Answer:

Epsilon Co.

Epsilon should choose to:

Make since the relevant cost to make it is $56.

Explanation:

a) Data and Calculations:

Direct material           $8

Direct labor                24

Overhead                  40

Total costs per unit $72

Relevant Costs:

                                 Make              Buy

Direct material            $8

Direct labor                 24

Overhead                   24

Total costs per unit $56                $60

b) It costs Epsilon less to make the units than to buy from the outside supplier.  The relevant cost excludes the 40% of the overhead that will still be incurred by Epsilon if it buys from the supplier.  Relevantly, it costs Epsilon $56 per unit to make when compared to the unit cost of $60 to buy.  In absolute terms, it will cost Epsilon $76 ($60 + $16) to buy as against $72 to make a unit of the part.

6 0
2 years ago
You have been asked to estimate the market value of an apartment complex that is producing annual net operating income of $44,50
s2008m [1.1K]

Answer: indicated value of the subject property using direct capitaliation is =   $390,351= $390,000

Explanation:The abstracted going-in capitalization rates from the four properties will be calculated using

The going-in cap rate which is  first-year net operating income (NOI) divided by the initial investment or purchase price

For Comparable 1:  55,000/ 500,000= 0.110

Comparable 2:   50,400/420,000= 0.120

Comparable 3: 53,400/ 475,000=0.112

Comparable 4:  69,000/600,000= 0.115

Calculate the Simple Ave. we have 0.110+0.120+0.112+0.115/4= 0.114

The simple average of the four comparable cap rates is 0.114. Therefore  the indicated value of the subject property is $390, 351 gotten from

($44,500 / 0.114) = $390,351= $390,000

8 0
3 years ago
Bo's Home Manufacturing has 410,000 shares outstanding that sell for $46.86 per share. The company has announced that it will re
alukav5142 [94]

Answer:

The correct answer is $46.86.

Explanation:

According to the scenario, the computation of the given data area as follows:

Shares outstanding = 410,000

Value per share = $46.86

So, total value of outstanding shares = 410,000 × $46.86 = $19,212,600

Repurchase share value = $61,000

So, Number of shares repurchased = $61,000 ÷ $46.86 = 1301.7 shares

So, outstanding shares = 410,000 - 1301.7 = 408,698.3 shares

So, Share price after repurchase = ($19,212,600 - $61,000) ÷ 408,698.3 shares

= $46.86

4 0
3 years ago
Novak provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation $2,400 pe
Olin [163]

Answer: 100 lawns

Explanation:

The Break-Even Point is the point where expenses/costs equal revenue.

First calculate the costs starting with the fixed costs which are Depreciation, advertising and insurance

= 2,400 + 400 + 2,400

= $5,200

Then the Variable costs per units which are, Weed and feed materials, Direct labor and Fuel.

= 15 + 31 + 2

= $48

Now calculate the Contribution Margin ratio which is,

= (Sales - Variable Cost ) / Sales

= (100 - 48) / 100

= 52%

With Contribution Margin, Break-Even sales can be calculated as,

Breakeven sales = fixed costs / contribution margin ratio

Breakeven sales = 5,200/52%

Breakeven sales in cash = $10,000

Breakeven sales in lawns = breakeven sales / sales per unit

Breakeven sales in lawns = 10,000/100

Breakeven sales in lawns = 100 lawns

Novak breaks even at servicing 100 lawns.

6 0
3 years ago
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