Answer the question on the basis of the following table for a commercial bank or thrift:
refer to the table. if the legal reserve ratio falls from 25 percent to 10 percent, excess reserves of this single bank will:
a. fall by $6,000 and the monetary multiplier will decline from 30 to 10.
b. rise by $60,000 and the monetary multiplier will increase from 4 to 10.
c. fall by $2,000 and the monetary multiplier will decline from 10 to 4.
d. rise by $6,000 and the monetary multiplier will increase from 4 to 10.

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?