Many economists believea. the fed could have reduced the severity of the great depression by raising interest rates. b.bank failures increased the severity of the great depression. c.the fed could have reduced the severity of the great depression by encouraging banks to make fewer loans to insolvent businesses. d.the severity of the great depression and the policies of the fed were unrelated.

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were: