It seems that you have missed the given options for this question, but anyway here is the correct answer. The occupation that would be least affected by inflation would be a doctor in private practice. Inflation is defined as a rise in the general level of prices. Hope this is the answer that you are looking for.
Answer:
$417 A.
It is an adverse variance.
Explanation:
Fixed factory overhead volume variance is the difference between budgeted output at 100% normal capacity and actual production volume multiplied by standard fixed overhead cost per unit.
Formula
Fixed factory overhead volume variance = (budgeted standard hours for 100% normal capacity - Actual standard output hours) × standard fixed overhead cost per unit.
Calculation
Since 5900 units of a product was produced in 3.546 standard hours per unit, total actual standard hour is therefore;
= 5900×3.546
=20,921 hours
Overhead cost per unit = $1.10 per hour
Hours at 100% normal capacity = 21,300 hours.
Recall the formula for fixed factory overhead volume variance is =(budgeted standard hours for 100% normal output- actual standard output hours)× standard fixed overhead per unit.
Therefore;
Fixed factory overhead volume variance =(21,300 hours - 20,921 hours)× $1.10
=379 hours × $1.10
=$417 A
It is therefore an adverse variance.
Answer:
General; limited; limited.
Explanation:
Limited partnerships have two classes of partners. These two (2) classes are;
1. General partner: it is a type of partnership in which two or more people come together and have an agreement to do business by sharing profits, assets, debts or financial and legal liabilities.
2. Limited partner: it is a type of partnership in which people come together and have an agreement to do business but the involved partners only contribute financially and solely responsible to the amount of money they invested.
Hence, the general partner actually runs the business and faces unlimited liability for the firm's debt, while the limited partner is only liable up to the amount the limited partner invested.
Explanation:
goods and service tax I think that is the answer
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