Answer:
$26,000 adverse variance
Explanation:
Fixed Overheads Volume Variance = Budgeted Overheads at Actual Output - Budgeted Fixed Overheads
= $1.30 x 60,000 hours - $1.30 x 80,000
= $78,000 - $104,000
= $26,000 adverse variance
The fixed factory overhead volume variance is $26,000 adverse variance
Answer: A. Dollars are printed on paper and have value because the government says they have value.
Explanation: Commodity backed money is a situation where by the value of money is backed up by its purchasing power with which it can be traded with at request. The supply of many can not be more than the purchasing power the country holds.
<span>The most important factor is currency exchange rate.</span>
Answer:
It's a free loan to the government.
Explanation:
you're essentially giving the government a free loan with no interest.