Answer: Option (C) is correct.
Explanation:
The required reserves are the reserves that banks have to keep it with central bank. Required reserves are the fraction of Check-able deposits. The required reserves are determined by multiplying the deposited amount with the required reserve ratio.
Required reserves = Deposited amount × Required reserve ratio
Required reserve ratio is set by the central bank.
Answer:
The answer is "
".
Explanation:
Variable cost net income 
Less: Fixed overhead start 
Add: Fixed overhead termination 
Net revenue at cost of absorption 
Answer:
<u>Part 1</u> There will be a disadvantage for 30,000 as there are allocated cost into product X
<u>Part 2 </u>TRUE
As performing the order will not renounce to selling in the local market. When the order comiptes with the normal capacity(there is no idlbe capacity to use) it will have as opportunity cost the contribution if sold in the local market.
Explanation:
![\left[\begin{array}{cccc} &$Current&$Discontinued&$Differential\\$Revenues&400,000&&-400,000\\$variables&-320,000&&320,000\\$Contribution&80,000&&-80,000\\$avoidable fixed cost&-50,000&&50,000\\$allocate fixed&-70,000&-70,000&\\$Result&-40,000&-70,000&-30,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%20%26%24Current%26%24Discontinued%26%24Differential%5C%5C%24Revenues%26400%2C000%26%26-400%2C000%5C%5C%24variables%26-320%2C000%26%26320%2C000%5C%5C%24Contribution%2680%2C000%26%26-80%2C000%5C%5C%24avoidable%20fixed%20cost%26-50%2C000%26%2650%2C000%5C%5C%24allocate%20fixed%26-70%2C000%26-70%2C000%26%5C%5C%24Result%26-40%2C000%26-70%2C000%26-30%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Revenue 10,000 x 40 = 400,000
Variable Cost: 100,000 x 32 = 320,000
Avoidable: 120,000 - 70,000 = 50,000
Answer: a change in the price level.
Explanation:
A shift in the aggregate supply curve is caused by non-price changes such as real wages of the workers, tax, technological innovation, productivity level etc.
The change in price will only result in the movement along the supply curve, which is also referred to as the change in quantity supplied. A change in price will not cause a shift on the aggregate supply curve.
Therefore, option A is the correct answer.
Answer:
The adjustment to net income for the period will be reported as:
Debit Interest expense ($600 - $500) $100
Credit Interest payable $100
<em>(Being interest expense for the period)</em>
Explanation:
Interest payable is the accumulation of the interest expense in the balance sheet overa specific period of time agreed with the creditor. When it becomes payable, the interest payable account is debited while cash is credited.
The interest payable in the Coffee Cup Company's account increased from $500 (credit balance) to $600 credit balance. This means there would have been an additional $100 interest expense recorded during the period in order to increase it to $600.
