If the Fed increases reserve requirements, the demand for reserves ________ and the equilibrium federal funds rate ________

On January 1, Biden, Inc's Work-in-Process Inventory account had a balance of $31,900

During the year, $58,500 of direct materials was placed into production. Manufacturing wages incurred amounted to $85,000, of which $64,500 were for direct labor. Manufacturing overhead is allocated on the basis of 120% of direct labor cost. Actual manufacturing overhead was $90,300. Jobs costing $220,800 were completed during the year. What is the December 31 balance of Work-in-Process Inventory? A) $154,900 B) $31,900 C) $232,300 D) $11,500

Financial analysts provide recommendations to their clients about what company ________

A) to buy B) to invest in C) to sell or divest D) All of these