Cheesy, inc., produces ravioli and tortellini. management estimates that cheesy will use 10,000 pounds of cheese filling each month. the costs associated with each pound of filling include $5.32 of direct materials, $7.48 of direct labor, $7.30 of variable overhead. cheesy’s monthly fixed overhead of $2,500 cannot be eliminated if cheesy outsources its pasta production. pasta specialties has offered to supply 10,000 pounds of cheese filling each month for $20 per pound. should cheesy accept the offer to buy cheese filling?
a. no, because it will save $2,500 per month by producing the filling.
b. yes, because it will save $1,000 per month by outsourcing the filling.
c. yes, because it will save $2,500 per month by outsourcing the filling.
d. yes, because it will save $3,500 per month by outsourcing the filling.

Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains.the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available.two-thirds of the work related to $15,000 of cash received in advance was performed this period.the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired.wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.