Answer: $3,875 Favorable
Explanation: We can compute direct labor efficiency variance by using following formula :-
Direct labor efficiency variance = standard rate ( actual hours - standard hours)
where,
standard hours = 5,500units * 0.5 hour = 2750 hours
actual hours = 3,000 hours
standard rate = $15.5
putting the values into equation we get :-
Direct labor efficiency variance = $15.5 ( 3,000 - 2750)
= $3,875 Favorable
Answer:
b) not likely to have jurisdiction over the case because QuickAds is based in Georgia.
Explanation:
The Alabama court only has jurisdiction in actions that were performed within the boundary of the state of Alabama. Although David is a resident of Alabama, his law suit is likely due to actions carried out in Georgia where QuickAds the internet company is based.
Also QuickAds only contact with persons in Alabama has been through QuickAds passive advertising.
In this scenario the case can be tried in federal court because it can handle cases across state borders.
Project Sponsor, Most project sponsors have many interested parties or stakeholders, but someone must take the primary role of sponsorship.
Answer:
Bond Price= $846.3
Explanation:
Giving the following information:
YTM= 0.05
Maturity= 15*2= 30 semesters
Par value= $1,000
Coupon= $40
<u>To calculate the price of the bond, we need to use the following formula:</u>
<u></u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 40*{[1 - (1.05^-30)] / 0.05} + [1,000 / (1.05^30)]
Bond Price= 614.90 + 231.38
Bond Price= $846.3
These results are evidence of
"<span>
the endowment effect".</span>
The endowment effect<span>, in behavioral finance<span>, portrays a situation in which an individual qualities
something that they officially possess more than something that they don't yet
claim. Studies have indicated over and again that individuals will esteem
something that they effectively claim more to a comparable thing they don't
possess. It doesn't make a difference if the thing being referred to was bought
or gotten as a gift, the impact still stays.</span></span>
