Cost flow relationships the following information is available for the first month of operations of kellman inc., a manufacturer of art and craft items: sales $3,600,000 gross profit 650,000 indirect labor 216,000 indirect materials 120,000 other factory overhead 45,000 materials purchased 1,224,000 total manufacturing costs for the period 2,640,000 materials inventory, end of period 98,800 using this information, determine the following missing amounts: a. cost of goods sold $. direct materials cost $. direct labor cost $

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.