The Federal Reserve System is the central bank of the United States. It was made to provide the nation with a safer, more flexible, and more stable monetary and financial system. Hope this answers the question. Have a nice day. Feel free to ask more questions.
Answer:
$24,500
Explanation:
For computing the total fixed cost first we have to determine the total fixed cost which is shown below:
Variable cost per desk = (Total high cost - total low cost) ÷ (High number of desk manufactured - low number of desk manufactured)
= ($87,000 - $49,500) ÷ (5,000 desks - 2,000 desks)
= $37,500 ÷ 3,000 desk
= $12.5
Now the fixed cost equal to
= Total high cost - (High number of desk × Variable cost per hour)
= $87,000 - (5,000 desks × $12.5)
= $87,000 - $62,500
= $24,500
Answer:
In the event of the insolvency of a partner any losses should be shared in the ratio of the last agreed capital balances before the dissolution took place. This is known as the Garner v Murray rule.
Explanation:
<span>The price floor of $6 per pound of cheese reduces the total revenue of cheese producers. TRUE</span>