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3 years ago

The federal reserve can affect the money supply by:

Business

1 answer:

aleksandr82 [10.1K]3 years ago

6 0

Answer:

The Fed can impact the cash supply by changing store necessities, which by and large alludes to the measure of assets banks should hold against stores in financial balances. By bringing down the hold prerequisites, banks can advance more cash, which builds the general stockpile of cash in the economy.

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Kouba Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.52 direct labor-

Anvisha [2.4K]

Answer:

Kouba Corporation

Direct labor budget for April and May:

April May

Production in units 1,700 1,600

Direct labor-hours per unit 0.52 0.52

Total direct labor-hours needed 884 832

Total direct labor-hours paid 960 960

Direct labor rate $9.00 $9.00

Total direct labor cost $8,640 $8,640

Explanation:

a) Data and Calculations:

April May

Production in units 1,700 1,600

Direct labor-hours per unit 0.52 0.52

Total direct labor-hours needed 884 832

Total direct labor-hours paid 960 960

Direct labor rate $9.00 $9.00

Total direct labor cost $8,640 $8,640

Idle hours paid for 76 128

Cost for idle hours $684 $1,152

b) The Kouba Corporation pays its workers for a total of 204 idle hours with a total cost of $1,836 for the two months period. This amount is substantial, about 10% of the total amount paid for the two months.

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3 years ago

When recording inflow and outflow of cash flow statements it is important to

Nastasia [14]

Answer: Cash inflows include the transfer of funds to a company from another party as a result of core operations, investments or financing. Such cash inflows include payments to the company by customers and banks and the contribution of equity by investors who purchase the company’s stock or partial ownership in a company.

Cash outflows include the transfer of funds by a company to another party. Such cash outflows include payments to business partners including employees, suppliers or creditors. Cash outflows also occur when long-term assets are acquired, investments are purchased, or settlements and expenses are paid.

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3 years ago

On January 1, 2015, Brooks Inc. borrows $90,000 from a bank and signs a 5% installment note requiring four annual payments of $2

Black_prince [1.1K]

Answer:

The journal entry which is to be recorded for the first installment payment on the note is shown below:

Explanation:

The journal entry is as on December 31, 2015

Interest Expense A/c.................Dr $4,500

Notes Payable A/c.......................Dr $20,881

Cash A/c..............................Cr $25,381

Working Note:

Interest expense = Borrowed amount × 5%

= $90,000 × 5%

= $4,500

Note Payable = Cash - Interest expense

= $25,381 - $4,500

= $20,881

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3 years ago

Why is the white epiphone explorer more expensive

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4 years ago

The principle that allows you to perceive an orange shirt to be the same color under varying lighting conditions is known as:

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4 years ago