Answer:
Savings account
Explanation:
Savings accounts can be used in emergencies.
Answer:
Fixed overhead volume variance
= (Standard hours - Budgeted hours) x Standard fixed overhead rate
= (11,000 - 10,000) x $1.35
= $1,350(F)
The correct answer is A
Standard fixed overhead rate
= <u>Budgeted overhead</u>
Budgeted direct labour hours
= <u>$13,500</u>
10,000 hours
= $1.35 per direct labour hour
Explanation:
Fixed overhead volume variance is the difference between standard hours and budgeted hours multiplied by standard fixed overhead application rate. Standard fixed overhead application rate is the ratio of budgeted overhead to budgeted direct labour hours.
Answer:
b both milk and bread are normal goods.
Explanation:
Jessica's demand for bread and milk increased as her income increased. This implies that both milk and bread are normal goods.
A normal good is a good for which demand increases as income rises and demand decreases as income falls.
Answer:
Selling short
Explanation:
Selling short is the answer,it simply means that an investor or a trader will make profit when prices of commodities goes down. In other words it the opposite of going long where investors make money when prices rise up
