Debits to work in process--assembly department for april, together with data concerning production, are as follows: april 1, work in process: materials cost, 3,000 units $ 7,500 conversion costs, 3,000 units, 80% completed 6,000 materials added during april, 10,000 units 29,000 conversion costs during april 35,000 goods finished during april, 11,500 units april 30 work in process, 1,500 units, 60% completed all direct materials are placed in process at the beginning of the process and the average cost method is used to cost inventories. the conversion cost per equivalent unit (to the nearest cent) for april is:

As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.

Type of deposit reserve requirementcheckable deposits $7.8 - 48.3 million 3%over $48.3 million 10noncheckable personal savings and time deposits 0refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its required reserves are$1.2 million.

What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit