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3 years ago

If the interest rate rises, what will happen to overall employment levels in sectors affected by those interest rates?

Business

1 answer:

weqwewe [10]3 years ago

5 0

Answer:

c. employment levels will decrease

Explanation:

As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.

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The total factory overhead for Rowland Company is budgeted for the year at $652,000 and divided into two departments: Fabricatio

vlabodo [156]

Answer:

$86

Explanation:

The total overhead for Rowland Co. = $652,000 per annum (p/a). broken down across two departments as follows:

Department/Item (Treadmill) || (Weight Machine)

(Direct labor hours in production) Total

Fabrication = $460,000 p/a 3 || 2

Assembly = $192,000 p/a 1 || 5

Nos of Units for production 4000 || 4000

To produce 4000 Weight Machines, would require 8000 fabrication hours and 20,000 assembly hours. while, 4000 treadmills will require 12,000 fabrication hours and 4,000 assembly hours.

Total number of Fabrication hours for the year is 12,000 + 8,000 = 20,000.

Total number of assembly hours for the year is 20,000 + 4,000 = 24,000

Unit cost per hour of fabrication (uF) = $460,000/20,000 = $23

Unit cost per hour of assembly (uA) = $192,000/24,000 = $8

Therefore, the allocated overhead per unit for each weight machine

= (2 * $23) + (5 * $8) = $46 + $40 = $86

3 0

3 years ago

Jun. 15 Several MBA groups participate in TEAM adventures. Great Adventures provides services on account for $24,000 to these gr

zubka84 [21]

Answer:

June 15

Dr. Account Receivable $24,000

Cr. Service Revenue $24,000

At the time of Receipt in July

Dr. Cash $24,000

Cr. Account Receivable $24,000

Explanation:

As the Services are performed on June 15, and Great Venture has a right to received the payment against the services provided. So, the revenue is recognized and The payment for the services has not been made yet. This result in the creation of account receivable, That is expected to receive in July.

In July the payment is received. The cash account will be debited as the cash is received and on the other hand account receivable will be credited to remove the due balance of $24,000 from receivables balance.

5 0

3 years ago

The purpose of the ______________________ is to address financial uncertainty and provide the nation with a more stable economy.

katen-ka-za [31]

Answer:

The Federal Reserve System

Explanation:

The Federal Reserve System represents the United State's Central bank. It is also called either the Fed or the Federal Reserve.

Created by the U.S. congress, the Fed is in charge of the affairs of the financial system of the United States. Specifically, it was created to ensure that the financial system is flexible, safe and monetarily stable.

The Fed regulates banking activities, maintains the stability of the financial system and is also in charge of the monetary policies adopted in the United States.

8 0

3 years ago

An auction house charges a commission of 15% on the first $50,000 of the sale price of an item, plus 10% on the amount of of the

yKpoI14uk [10]

Answer:

C. $215,000

Explanation:

The statement indicates that on the first $50,000 the auction house charges 15%, which means that for the first $50,000 the house charged:

$50,000*0,15%= $7,500

From the total commission of $24,000, $7,500 were for the first $50,000.

$24,000-$7,500= $16,500

Now, you have to determine the amount in excess of $50,000 from which the house charged the remaining $16,500. So, you have that an x amount multiplied for 10% or 0,10 is equal to $16,500:

x*0,10= 16,500

x= 16,500/0,10= 165,000

You have determined that the house charged $7,500 on the first $50,000 and $16,500 on $165,000 which means that the price of the painting is:

$50,000+$165,000= $215,000

7 0

3 years ago

If the market equilibrium wage for entry-level fast-food workers is $10 an hour, while the minimum wage is $8, what impact does

WITCHER [35]

market equilibrium wage for entry-level fast-food workers = $10 per hour
minimum wage = $8 per hour
impact does the minimum wage have in this industry = ?
whatever the minimum wage will be, it will have no effect on this market. The condition when labor market is in equilibrium is when supply equals demand.

5 0

3 years ago