Answer:
$65 per unit
Explanation:
Calculation for the unit product cost for the month under variable costing for Aaron Corporation.
Variable costs per unit:
Direct materials $21
Direct labor $38
Variable manufacturing overhead $6
Variable costing unit product cost $ 65
Therefore the unit product cost for the month under variable costing will be $65 per unit.
Answer:
<u>discount</u>, <u>the size of the discount increased </u>
Explanation:
As per the interest rate parity theory (IRPT) , the difference between forward and spot rate of a currency is equal to the difference between their respective interest rates.
Forward rate for SGD i.e Singapore dollar means the US Dollars which can be purchased by 1 SGD i.e US Dollars per SGD.
Also, the currency whose interest rate is higher would be at a forward discount whereas the currency with lower interest rate would be at a forward premium. This effect mitigates the possibility of any arbitrage gain.

= Interest rate in USA
= Interest rate in Singapore
As per the given information, FR = SR ×
= Spot Rate × 0.99
when interest rate in Singapore rises and falls in USA.. Let's assume, new interest rates being 3% in USA and 6% in Singapore.
Forward Rate would be, Spot Rate ×
= Spot rate × 0.972
Thus, it can be seen that SGD was at a forward discount at the beginning and with increase in it's interest rates and reduction in US Dollar interest rates, SGD forward discount increased.
1. What is the variable overhead spending variance? (HINT: The answer $980 unfavorable, but I need work to support this)
2. What is the variable overhead efficiency variance? (HINT: The answer is $4,040 unfavorable, but I need work to support this)
Answer:
Consider that rates for each type of account are different so you need to convert first all the rates to annually.
Using the formula to convert rates: (1+i)^(n2/n2)-1 you can calculate the rate and compare.
The bank that will pay more interest anually will be Bank B due to rate is 26% in comparison to Bank A which only is 6.12%. Rate for Bank C is too small so I wouldn´t choose this bank.