White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $148 per unit (labor, $25; materials, $68; and overhead, $55). The sales price is $300 per unit. a. To achieve a 12 percent multifactor productivity improvement by reducing materials costsonly, one needs to reduce the materials cost by nothing percent.(Enter your response as a percent rounded to two decimalplaces. B. To achieve a 12 percent multifactor productivity improvement by reducing labor costs only, one needs to reduce the materials cost by nothing percent. (Enter your response as a percent rounded to two decimal places. a. To achieve a 12 percent multifactor productivity improvement by reducing overhead costsonly, one needs to reduce the materials cost by nothing percent.(Enter your response as a percent rounded to two decimalplaces.)

The text states that the committee “expects inflation to rise gradually toward 2% over the medium term as the labor market improves further….” why would the fomc expect inflation to rise because of improvements in the labor market?

Which of the following actions is most likely to result in a decrease in the money supply? a. the required reserve ratio for banks is decreased. b. the discount rate on overnight loans is lowered. c. the federal reserve bank buys treasury bonds. d. the government sells a new batch of treasury bonds. 2b2t

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.