If a new-car loan costs 6%, a used-car loan would cost approximately __

LO 8.3What are some possible reasons for a direct labor time variance?

kifflom [539]

Answer:

The correct answer is letter "B": less qualified workers.

Explanation:

Direct labor rate variance analyses the current cost of direct labor and the regular cost of direct labor over the same operations period. Direct labor rate variance can be caused due to minimum wage increase, hiring less qualified employees or inappropriate cost budget setting.

5 0

3 years ago

Maricopa's Success scholarship fund receives a gift of $ 165000. The money is invested in stocks, bonds, and CDs. CDs pay 5.75 %

Sergio [31]

Answer:

$ 65,000 were invested in stocks, $ 70,000 were invested in bonds, and $ 30,000 were invested in CDs.

Explanation:

Since Maricopa's Success scholarship fund receives a gift of $ 165000, and the money is invested in stocks, bonds, and CDs, and CDs pay 5.75% interest, bonds pay 5% interest, and stocks pay 6.8% interest, and Maricopa Success invests $ 40000 more in bonds than in CDs, if the annual income from the investments is $ 9645, to determine how much was invested in each account, the following calculation must be performed:

95,000 x 0.068 + 55,000 x 0.05 + 15,000 x 0.0575 = 10,072.5

75,000 x 0.068 + 65,000 x 0.05 + 25,000 x 0.0575 = 9,787.5

70,000 x 0.068 + 67,500 x 0.05 + 27,500 x 0.0575 = 9,716.25

65,000 x 0.068 + 70,000 x 0.05 + 30,000 x 0.0575 = 9,645

Therefore, $ 65,000 were invested in stocks, $ 70,000 were invested in bonds, and $ 30,000 were invested in CDs.

4 0

3 years ago

T/F If firms from country A undertake $20 billion of FDI in firms from country B in year 1, and another $20 billion in year 2, t

pogonyaev

Answer: False

Explanation:

In both the first and second years, firms in country A undertook FDI projects of $20 billion in country B. This means that Country A had FDI outflows of $20 billion in those two years not inflows. Inflows are what happens when the FDI is coming into the country.

Country B on the other hand, was receiving money from country A. Country B therefore had FDI inflows of $20 billion in each of the two years and not outflows like Country A had.

4 0

2 years ago

Croft Corporation produces a single product. Last year, the company had a net operating income of $89,000 using absorption costi

Maksim231197 [3]

Answer:

21,200 units

Explanation:

For determining the sales, first we have to compute the net operating income difference which is shown below:

= Net operating income under absorption costing - Net operating income under variable costing

= $89,000 - $74,600

= $14,400

Now the inventory units increased by

= $14,400 ÷ 12 per unit

= 1,200 units

And, the production units are 22,400

So, the sales would be

= 22,400 units - 1,200 units

= 21,200 units

This is the answer and the same is not provided in the given options

4 0

3 years ago

In the management section of the proposal the contractor should define the that will be performed and provide a of what each maj

SVETLANKA909090 [29]

Answer:

Description of the major tasks.

Deliverables.

Project schedule.

Related experience.

Project organization.

Equipments and facilities.

Explanation:

•Description of the major tasks explains the specific job duties, these duties are the major reasons for the project.

•Deliverables talks about the ability to quantify the project and what will be delivered when the work is completed.

•Project schedule: What needs to be done and the duration or time frame for which the project will be completed. It is the total work required for the project to be promptly delivered.

•Related experience : Any past job experience related to the project, a track record of successfully completed projects as it relates to the present project.

•Project organization: Structures put in place to facilitate supervision and implementation of every required project activity.

•Equipment and facilities: Items needed for the project to be completed.

4 0

3 years ago

If a new-car loan costs 6%, a used-car loan would cost approximately ___ percent