bank holds ​$10 for every​ $100 in deposits. The bank wants to hold ​$9 for every​ $100 in deposits. The bank holds desired reserves of ​$7 comma 000 and actual reserves of ​$12 comma 000 . What is the actual reserve​ ratio, the desired reserve​ ratio, and the excess reserves ​?

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: