Answer:
$38,750 Favorable
Explanation:
Fixed overhead absorption rate:
= Fixed Overhead Costs for March (static budget) ÷ Production(static budget)
= $387,500 ÷ 31,000
= 12.5 per unit
Fixed overhead production−volume variance:
= Amount actually applied - Amount budgeted
= (12.5 × 34,100) - $387,500
= $426,250 - $387,500
= $38,750 Favorable
Answer:
a. False
Explanation:
A "primary transaction" refers to the selling of <em>new stocks and bonds</em> for the first time towards the public. A great example of this is the "Initial Public Offering" <em>(IPO)</em> which allows "public share issuance."
On the other hand, a "secondary transaction" refers to the<em> trading of investors among themselves.</em> There is no involvement of the issuing companies here. So, this means that if an investor uses the services of a broker to buy and sell stocks that are currently being traded in the stock market,<u> the transaction</u><u> doesn't directly involve the issuing compan</u><u>y.</u> This kind of transaction is then called "secondary."
So, this explains the answer.
<span>Contingency tables are the most common way of showing both marginal and conditional distributions. Reading them is quite easy and intuitive, and often the graphical part of the analysis is left at that. Taking a step further, one can translate the table into a chart: it is advised to use a bar chart to effectively show the data</span>
Answer:
True
Explanation:
The theory by Paul Samuelson postulated that trade liberalisation makes a rich country worse off when trading with a poor country.
Paul Samuelson being the American that won the Nobel Peace Prize in Economics, was also called the Father of Modern Economics.
He authored the best-selling economics textbook: Economics: An Introductory Analysis, which is considered an authority in Keynesian Economics.