Answer:
Instructions are below.
Explanation:
Giving the following information:
Each unit of output requires 0.07 direct labor-hours. The direct labor rate is $8.70 per direct labor-hour. The production budget calls for producing 6,000 units in February and 6,500 units in March.
We need to determine the total direct labor hours needed for each month.
February:
Total direct labor hours= 6,000*0.07= 420 hours
Total direct labor costs= 420*8.7= $3,654
March:
Total direct labor hours= 6,500*0.07= 455 hours
Total direct labor costs= 455*8.7= $3,958.5
Answer:
Option A is the correct answer, the supply of money in the economy will rise by $500
Explanation:
The fact that commercial banks paid for the government securities bought from Fed using their reserves,ultimately means that sale had no impact on the cash in circulation as reserves are the minimum cash to be held by commercial banks and not to be lent or paid to bank customers.
From the foregoing,the only transaction that would impact the amount of money in circulation is the purchase of government securities by Fed from individuals.By doing so,Fed releases additional $500 into circulation to pay for the securities bought,hence cash in circulation rises by $500
4) paring 5) fish 6) utility 7) filet 8) chef 9) turning 10) bread
(might be wrong)
The list of items needed to prepare the cash flows statement includes:
- comparative balance sheets
- income statement
- additional data on investing and financing activities
In accounting, statement of cash-flow is a statement that calculate the amount of cash and cash equivalents that comes and leaves the company.
The section of the statement of cash-flow are divided into the operating activities, investing activities and financing activities.
Hence, the list of items needed to prepare the cash flows statement includes the comparative balance sheets, income statement and the additional data on investing and financing activities.
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