Answer:
The penalty will be $133.333 for the early withdrawal.
Explanation:
On a $20,000 earning 4% annually, the amount of interest earned per year is:
$
20
,
000 x 4% = $
800
On a monthly basis, the CD earns:
$
800 / 12 = $
66.667
If the penalty involves a two (2) months worth of interest, then, the penalty for the early withdrawal will be:
2 x $
66.667 = $
133.333
Answer: Compensating differentials.
Explanation:
Compensating differential is the additional amount of money that a worker is given in order to motivate the worker to accept an undesirable job. Compensating differentials is as a result of the risk of injury, risk of future unemployment, risk of unsafe environment and it explains why there is difference in pay between different regions
Even though Max and Eli have the same skill and are members of the same trade union, Max is paid higher than Eli because Max works in an area with high crime rate while Eli's area has a low crime rate. Thus, Max higher is expected because the cost of living is higher in a city and also due to higher crime rates which means he's likely to work mire than Eli.
Answer:
TRUE OK BRO I AM HERE FOR U
Answer:
The controllable variance for the month was $1,709 unfavorable
Explanation:
Controllable variance: The controllable variance show a difference between actual overhead expenses incurred and budgeting operating level based on direct labor hour.
In mathematically,
Controllable variance = Actual overhead expenses - budgeting operating level based on direct labor hour
where,
Actual overhead expenses = $11,227
And, budgeted operating level based on direct labor hour
= budgeted operating level × direct labor per hour
= 6,160 × $2.10
= $12,936
Now, put these values on the above formula:
So,
Controllable variance = $11,227 - $12,936 = $1,709 unfavorable
Hence, the controllable variance for the month was $1,709 unfavorable
