The answer is <span>when second republic bank lends out all of its new excess reserves to hubert</span>
Answer:
Points
Explanation:
Mortgage points or discount points are prepaid interest available when obtaining a mortgage.
When a lender charges the borrower points he is in effect increasing the yield on the loan above the interest rate agreed on the loan.
Borrowers can also offer points to the lender to obtain a reduced interest rate and reduced monthly payment in exchange for upfront payment of points.
Answer:
The correct answer is: additional output of labor will eventually decrease as more workers are hired.
Explanation:
The law of diminishing return states that keeping other things constant if we go on increasing the quantity of one input, the marginal returns from that input will go on declining.
In other words, if we go on hiring an input the increase in output because of each additional input employed will go on declining.
For instance, keeping other things constant we go on hiring more and more workers the marginal product of workers or additional output created by each worker will go on declining.
Answer:
$0
Explanation:
Data given in the information
Product X is the byproduct.
In addition, the By products are recorded in the general ledger at the point of sale
So in this case, the quantity sold is considered only no other things would be recognized
Hence, in this the quantity sold and quantity produced is not recorded
Therefore , No ending inventory should be recognized in the general ledger for this by products
Answer:
$23.45 per unit
Explanation:
Given that,
Units produced = 9,000 units
Direct labor = $7.25 per unit
Direct material = $8.00 per unit
Variable overhead = $5.50 per unit
Total production cost = $28.25 per unit
Fixed overhead:
= $67,500 ÷ 25,000 units
= $2.70 per unit
Total product cost per unit:
= Direct material cost per unit + Direct labor cost per unit + Variable overhead cost per unit + Fixed overhead
= $8.00 per unit + $7.25 per unit + $5.50 per unit + $2.70 per unit
= $23.45 per unit
