The Brazilian economy is growing at a 6% annual rate in real terms. The Bank of Brazil is expanding its monetary base (e. g., money M1) at a rate of 30% per year. The Brazilian government bonds yield 26%. What prediction would a monetary economist make for the inflation rate if she believes in quantity theory of money and assumes that the velocity of money is stable

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were: