Actual budget performance report compares actual performance and budgeted performance based on actual activity level.
<h3>What is a budget?</h3>
A budget serves as a term that describes how to place our needs on our income, it is a way to balance our expenses and income.
Actual budget performance report gives room to
compares actual performance and budgeted performance based on actual activity level.
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The labor force that can be depicted from the information about the people will be 36.
<h3>How to calculate the labor force</h3>
The labor force will be:
= 25 + 8 + 3
= 36
The unemployment rate will be:
= Unemployed/Labor force × 100
= 3/36 × 100
= 8.33%
The participation rate will be:
= Labor force/Adult population × 100
= 36/(80 - 16) × 100
= 56.25%
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Answer:
B) fit for the ordinary purpose for which such goods are used.
Explanation:
An implied warranty of merchantability means that the products sold should fulfill an ordinary buyer's expectations and should be fit for the purpose intended.
All products carry an implied warranty of merchantability unless expressly disclaimed or identified as a sale "with all faults" or "as is".
