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777dan777 [17]
2 years ago
13

Compound interest means that interest is calculated on:.

Business
1 answer:
ira [324]2 years ago
6 0

Answer: initial principal

Explanation:

Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

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The leaders who have the ability to help an organization or group handle challenges, the leadership influence is one based on social or interpersonal influence.

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Assume that the standard cost to make one finished unit includes 2 hour of direct labor at $8 per hour. During April, 22,000 dir
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the labor rate variance is $16,000 unfavorable

Explanation:

The computation of the labor rate variance is shown below:

As we know that

Labour Rate Variance = ( Actual Rate - Standard Rate) ×Actual Hours Worked

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hence, the labor rate variance is $16,000 unfavorable

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

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