Answer:
$130 Favourable
Explanation:
Given the above information,
Standard hours = 2 × 4770 = 9,540
Actual hours = 8,940
Standard rate = $32.50
Then, Direct labor efficiency variance is computed as
= ( Standard hours allowed for production - Actual hours taken) × Standard rate per direct labor hour
= [(2 × 4,770) - 8,940] × $32.50
= [9,540 - 8,940] × $32.50
= 600 × $32.50
= $130 Favourable
Answer:
14.7%
Explanation:
The computation of the return on investment is shown below:
As we know that
Return on Investment = Net Income ÷Average total assets × 100
where,
Net Income = Sales - Cost of goods sold - Operating expense
= $4,525,000 - $2,550,000 - $1,372,000
= $603,000
And, the Average total assets = $4,100,000
So,
Return on Investment is
= $603,000 ÷ $4,100,000 × 100
= 14.7%
Answer:
a) i) 13.5% ii) risk on portfolio = 13.63%
b) Volatility of the portfolio (13.65%) is < Volatilities of the individual indexes
Explanation:
<u>A) Determine the return and risk of the portfolio</u>
i) Return [ E(r^p) ] = ∑ wi*ri ---- ( 1 )
where : wi = weight of stocks , ri = rate of return ( estimated ) N = number of stocks
Back to equation 1
E(r^p) = (0.5*14% ) + (0.5*13% ) = 13.5%
<em>ii) risk of portfolio </em>
we can determine the risk of portfolio using the equation below
Vol [ r( t + 1 , $ ) + s ( t + 1 ) ] ( volatility on Japanese equity ) = 13.63%
attached below is the remaining solution
<u>b) comparing the Volatilities </u>
Volatility of the portfolio (13.65%) is < Volatilities of the individual indexes ( i.e. volatility of US return ( 15.5% ) , Volatility of EAFE return ( 16.5% ) )
Answer:
a. Command system
b. Market system
c. Laissez-faire system
Explanation:
a. Command System, This is an economic system where the means of production and distribution of goods and services are owned and control by the government, in this system, the economic activities are controlled by a central planning committee.
b. Market system: A market system is an economic system where the market forces, that is the forces of demand and supply allocate resources.
c. Laissez-faire system : Under the Laissez-faire system is an economic system in where there is minimum government intervention in the economy. sometimes the words Laissez-faire system and capitalism are used interchangeably. The major difference between capitalism and laissez faire depends on the extent of government interference in the economy.
The answer is D because on a resume, you want it to be very formal and adequate. Second, you want it brief and short. Third, you want it all to be relevant to the right things and to what you are giving the resume for.
I hope this helped! Brainliest? :)