Inhabitants of pandora use stone beads as money. on average, every stone bead is used 5 times per year to carry out transactions. the total supply of beads is 50 million. according to the quantity theory of money, the level of aggregate spending in pandora must be 250 million.
a) what is the level of aggregate spending in pandora according to the quantity theory of money? b) suppose the inhabitants of pandora start using less money to conduct the same number of transactions (i. e., each individual carries fewer beads). what is the effect on the velocity of money?

Dozier company produced and sold 1,000 units during its first month of operations. it reported the following costs and expenses for the month: direct materials $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost