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3 years ago

Should banks have to hold 100% of their deposits? Why or why not?

Business

1 answer:

fomenos3 years ago

8 0

Answer:

No, they dont have to hold the 100%.

Explanation:

Because banks use the money deposited to make loans to other clients. By general rule the Commercial Banks are required to keep only the 10% of each deposit made in an account.

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The Nite Lite Factory produces two products - small lamps and desk lamps. It has two separate departments - finishing and produc

lesya692 [45]

Answer:

$11.1

Explanation:

We can calculate the factory overhead allocated to a unit using multiple department factory overhead rate methods with an allocation base of direct labor hours. In this method, we will divide the te total overhead cost in direct labor hours consumed in that department.

Solution

Direct Labor Overhead rate for Finishing = $550,000/500,000

Direct Labor Overhead rate for Finishing = $1.10 per hour

Direct Labor Overhead rate for Production = $400,000/80,000

Direct Labor Overhead rate for Production = $5

Overhead for DeskLamps = (Direct labor hours in Finishing x Direct Labor Overhead rate for Finishing + Direct Labor hours in Production x Direct Labor Overhead rate for Production)

Overhead for DeskLamps= (1x$1.10 + 2x$5)

Overhead for DeskLamps= $11.1

3 0

3 years ago

Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same

Arte-miy333 [17]

Answer:

Fatboy Screamer Total

Direct labor . $ 2,000,000 $ 4,000,000 $ 6,000,000

Indirect materials . $600,000 $1,200,000 $1,800,000

Other overhead . $1,400,000 $2,800,000 $4,200,000

Materials cost . $4,000,000 $12,000,000 $16,000,000

Total cost . $8,000,000 $20,000,000 $28,000,000

Number of units . 2,000 4,000 6,000

Unit cost . $4,000 $5,000 $4,667

Explanation:

Assign the Material Cost to the Products appropriately. The conversion costs musts be allocated based on the number of units assembled. Conversion costs is the sum of Direct Labor and Manufacturing Overheads (Indirect Costs).

7 0

2 years ago

business-to-business marketers will sometimes promote their goods directly to consumers. this is because business demand is __

MrMuchimi

The request ought to be Derived Demand. This is a term utilized as a part of the financial investigation that portrays the request put on one great or administration because of changes in the cost for some other related great or administration. It is an interest for some physical or immaterial thing where a market exists for both related products and ventures being referred to. The determined request can significantly affect the inferred great's market cost.

3 0

3 years ago

The CPA Practice Advisor reports that the mean preparation fee for 2017 federal income tax returns was $273. Use this price as t

larisa [96]

Answer:

The CPA Practice Advisor

The probability that the mean price for a sample of 30 federal income tax returns is within $16 of the population mean is:

= 56%

Explanation:

a) Data and Calculations:

Population mean (preparation fee for 2017 federal income tax returns) = $273

Population standard deviation of preparation fees = $100

Mean price for a sample of 30 federal income tax returns = $257 (which is within $16 of the population mean)

z = (x-μ)/σ

z = standard score

x = observed value

μ = mean of the sample

σ = standard deviation of the sample

Z = ($273 - $257)/$100

= 0.16

Using the z-table

P = 0.5636

6 0

2 years ago

Những nhân tố ảnh hưởng đến hành vi mua hàng của người tiêu dùng là gì

sergey [27]

Nhận thức, động cơ, học tập, niềm tin và thái độ là tất cả các yếu tố tâm lý ảnh hưởng đến việc mua hàng của người tiêu dùng. Quá trình mọi người lựa chọn và giải thích thông tin để đưa ra quyết định mua hàng được gọi là nhận thức.

8 0

2 years ago