Scenario 2 (steven and dawn) steven (45) and dawn (46) are married, and they will file a joint return. during the year, they earned investment income consisting of: $200 interest income from a savings account with their local bank, reported on form 1099-int. $350 interest income from a certificate of deposit held with another local bank, reported on form 1099-int. $100 in dividends from a savings account with a local credit union, reported on form 1099-int. $250 interest income from a u. s. treasury note, reported on form 1099-int. $500 tax-exempt interest income from a municipal bond investment, reported on form 1099-int. $1,700 in ordinary dividends from a mutual fund investment, reported on form 1099-div. complete steven and dawn's schedule b (form 1040), interest and ordinary dividends. you will need to refer to the completed schedule b to answer questions about this scenario in part i of the final test.

Price and efficiency variances, journal entries. the schuyler corporation manufactures lamps. it has set up the following standards per finished unit for direct materials and direct manufacturing labor: direct materials: 10 lb. at $4.50 per lb. $45.00 direct manufacturing labor: 0.5 hour at $30 per hour 15.00 the number of finished units budgeted for january 2017 was 10,000; 9,850 units were actually produced. actual results in january 2017 were as follows: direct materials: 98,055 lb. used direct manufacturing labor: 4,900 hours $154,350 assume that there was no beginning inventory of either direct materials or finished units. during the month, materials purchased amounted to 100,000 lb., at a total cost of $465,000. input price variances are isolated upon purchase. input-efficiency variances are isolated at the time of usage. 1. compute the january 2017 price and efficiency variances of direct materials and direct manufacturing labor. 2. prepare journal entries to record the variances in requirement 1. 3. comment on the january 2017 price and efficiency variances of schuyler corporation. 4. why might schuyler calculate direct materials price variances and direct materials efficiency variances with reference to different points in time

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u. s. banks that cannot borrow elsewhere governments in developing countries during currency crises u. s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u. s. economy (the money supply), the federal reserve will government bonds.

The new york stock exchange is an example of what type of stock market?