Answer:
-$30,250 favorable
Explanation:
labor efficiency variance = (standard quantity - actual quantity) x standard labor cost
- actual quantity = 7,700 hours
- standard quantity = 9.9 hours x 1,000 units = 9,900
- standard labor cost = $13.70
labor efficiency variance = (7,700 - 9,900) x $13.70 = -$30,250 favorable variance
the variance is favorable, because less hours were actually used than forecasted
Answer: A) Remainderman
Explanation:
A Remainderman may sound like something from a horror movie but it is a property law term that refers to a person that is billed to take over or inherit an estate after the LIFE ESTATE of the previous owner is terminated.
Life Estate is an agreement where a person owns a property or asset for the duration of their life but as soon as they pass on, the asset or property reverts back to the original owner of a THIRD party.
The Remainderman is the person who the property reverts to.
In the above scenario therefore, the woman is in possession of a Life Estate but the Stepson is the Remainderman.
Answer:
The exchange rate implies in exchange rate of $1.75 but current market exchange rate is $1.80 which means that the dollar is undervalued and pound is over valued in the market.
We will buy Dollar in the market and use these dollars to buy gold and then sell this gold in Euros
E.G Buy a $1000 from the market for £555(10,000*1/1.8)
After that we can by 28.5(1000/35) ounces of gold from that and sell the gold for £571(20*28.5). This way we make a profit of £16 (571-555) without taking any risk.
Explanation:
Incomplete question. I answered from a general economic standpoint.
Answer:
<u>stay the same; decrease</u>
Explanation:
<em>Remember</em>, in this scenario, it wasn't as though the mentioned workers lost their jobs, they only had their hours reduced by their employers; so they are not <u>unemployed</u>. This, therefore, implies that the unemployment rate will stay the same.
The labor force participation rate in simple words refers to the percentage of those who are currently employed or looking for a job within an economy. If the working hours are reduced, it may diminish the zeal among the workforce of an economy to work or find work because <u>they may perceive they''ll earn less.</u>
It is TRUE that Anna would be well-advised to consider her
personal needs and values in the analysis, not only the bank’s features when
she’s
choosing a bank and a checking account.
Opening
a checking account might seem like a simple task. You just walk into a bank
near your home or office, fill out an application, hand over a deposit and
you're all set, right?
Not
quite.
<span>While
it is often that easy to open an account, it's not always that easy
to choose a
checking account. That's because banks, credit unions and other financial
companies offer a wide range of checking accounts with different features and
fees. Unless your banking needs are unusually basic, you should do some
research and shop around for an account that's right for you.</span>
I am hoping that this answer has
satisfied your query and it will be able to help you in your endeavor, and if
you would like, feel free to ask another question.
