How would a strong u.s. dollar impact the trade of grain produced in the united states? quizzez

Beckronski Company has the following information available for the month of March: Units Transferred- in Costs Direct Material

storchak [24]

Answer:

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Units Cost for Direct Materials= $52,000 /230= $ 226.086

Explanation:

Beckronski Company

Units Transferred- in Costs

Direct Mat Conversion Costs WIP inventory

March 1 240 $33,600 0 $18,000

<u>Percent complete 100% 0% 62.5%</u>

Equivalent Units 240 - 150

Transferred in

<u> March 400 </u>

Equivalent Units 400 400 400

Mar 31 WIP inventory, 200

<u>*Percent complete 100% 0% 80% </u>

Equivalent Units 400 - 320

Weighted Average Cost Method = Beg. Inv Equiv. Units + Units Transferred in Less Ending Inventory Equivalent Units

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Conversion Costs Equivalent Unit Weighted Average Cost Method=

0+ 400-0= 400

Work In Process Equivalent Unit Weighted Average Cost Method=

150+ 400-320= 230

Costs added in March $52,000 $13,200 $48,600

Units Cost for Direct Materials= $52,000 /230= $ 226.086

4 0

3 years ago

Suppose you examine the central bank’s balance sheet and observe that since the previous day, reserves had fallen by $100 millio

aksik [14]

Answer:

The Central Bank is trying to increase money supply.

Explanation:

When the Central Bank makes moves to increase reserves, it means that it is simply trying to mop up excess cash from the economy to fight inflation. Spiking inflation means that the power of a currency is gradually being eroded. The Central Bank cannot allow this to happen so it hits the "Reduce Money In Circulation" button. It does this by reviewing upwards, the money reserves which commercial banks must hold with the Central Bank.

It can also increase the rate at which it lends to the Commercial Banks and Investment houses. Commercial Banks, in turn, transfer the additional cost of borrowing to businesses who will seek loans. This slows down the rate at which money is pumped into the economy.

In the question, however, we notice that the Central Bank has enervated its reserves. This means that it is pumping more money into the economy. This economic move may have been executed to prevent the economy from slipping into a recession or simply to stimulate the economy.

In the short run, increased money supply means, businesses have more access to funds from commercial banks. More funds mean, more investment. Increased investment spending means the businesses will need to expand operations, hire more staff, and the multiplier effect goes on and on.

Cheers!

6 0

3 years ago

Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transacti

snow_tiger [21]

Answer:

The following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States

B) The costs of overfishing and other overly intensive uses of resources.

C) The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

D) The leisure time enjoyed by Americans

Explanation:

GDP is a tool that is used to measure a nation's economic performance, However, it has limitations due to its exclusion of non-market transactions.

The limitations identified can be summarized as:
GDP does not incorporate any measures of welfare.
GDP only includes market transactions.
GDP does not describe income distribution.
GDP does not describe what is being produced.
GDP ignores externalities.

6 0

3 years ago

What reason does Macbeth give for killing King Duncan's guards?

Ber [7]

Answer:

Macbeth claimed that he had found the guards covered in the blood of King Duncan.

Explanation:

He further used this to explain how the sight drove him to a point of extreme grief and being so distraught he was overcome with the need to avenge the murder of his King. Using this false story, Macbeth was successful in diverting any suspicion from him without the need of potential suspects -meaning there would be no one to argue or prove their innocence if whoever was blamed for it was no longer living.

<h3>Hope this helps!</h3>

5 0

3 years ago

Which financial statements are required for proprietary funds?a) Statement of Net Position; Statement of Revenues, Expenses, and

Cerrena [4.2K]

Answer:

c) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows

Explanation:

Proprietry funds are accounts that are part of governmental institutions and non profits organizations and these require a high standard of transparency and accountability, so they are require to provide to the government the next statements: tatement of net assets; a statement of revenues, expenses, and changes in fund net assets; and a statement of cash flows.

This is accordingly to the summary of statements N. 34 from the Governmental Accounting Standards Board.

3 0

3 years ago