Answer:
$0.20
Explanation:
For computing the change in future price, first we have to determine the loss which is shown below:
Loss = Initial Margin - Maintenance Margin
= $4,000 - $3,000
= $1,000
Now the change in future price would be
= Loss ÷ size of the contract
= $1,000 ÷ 5,000 ounces
= $0.20
The future price is increased by $0.20
And, if the margin call is not meet than the broker will stop at best price so that he cannot suffer more loss
Based on his psycho social framework, Erikson believed that people who haven't reached integrity have serious regrets about their life and are terrified of death.
Explanation:
The psycho-social context is a characteristic form of practice which emerged early in the development of the discipline. Their objectives are to restore sustain and improve people's personal and social functionality.
It developed considerably out of its Psychoanalytical and Ego conceptual foundations based on psychological and social concepts. New information on identity and gender has been implemented.
According to Erikson the full recognition and acknowledgement of the death is a sense of dignity. It is important to take responsibility for your own life and to be able to undo the mistakes and to please yourself. The inability to do so generates a hopeless feeling.
Answer:
total budgeted costs = $189,400
budgeted production = 1,000 units
standard rate = $189,400 / 1,000 = $189.40 per unit
total actual costs = $197,200
actual production = 1,120 units
actual rate = $197,200 / 1,120 = $176.07 per unit
- total fixed overhead variance = actual overhead costs - budgeted overhead costs = $197,200 - $189,400 = $7,800 unfavorable. The actual overhead expense was higher than the budgeted.
- controllable variance = (actual rate - standard rate) x actual units = ($176.07 - $189.40) x 1,120 units = -$14,929.60 favorable. The actual overhead rate was lower than the standard rate, that is why the variance is positive.
- volume variance = (standard activity - actual activity) x standard rate = (1,000 - 1,120) x $189.40 = -1,120 x $189.40 = -$212,128 favorable. More units where produced than budgeted, that is why the variance is positive.
Answer:
Explanation:
The journal entries are shown below:
On 1 June 2020
Accounts receivable A/c Dr $50,925
To Sales revenue $50,925
(Being goods are sold on credit)
On July 12 2020
Cash A/c Dr $50,925
To Accounts receivable A/c $50,925
(Being cash received is recorded)
The computation is shown below:
= Sales amount - discount
= $52,500 - $1,575
= $50,925
And, The discount = Sales amount × discount rate
= $52,500 × 3%
= $1,575
