In 1998 the foreign trade term most favored nation changed into normal trade relation. Most favored nation is a term given by a country to another country. This term show that country interested to increase the trade between them. A country with this term will get some benefit from the giving country because the giving country may reduce their protection in trade to the country with the most favored nation term<span>.</span>
Answer:
Differs amounts between different countries
Explanation:
Answer:
$18,100 unfavorable
Explanation:
The computation of the total variable overhead variance is shown below:
Total variable overhead variance = Standard variable overhead cost - Actual variable overhead cost
where,
Standard variable overhead cost is
= 2 hours × 400 units × $8 per hour
= $6,400
And, the actual variable overhead cost is $24,500
So, the total variable overhead variance is
= $6,400 - $24,500
= $18,100 unfavorable
Since the actual variable overhead cost exceeds then the standard variable overhead cost so it reflects the unfavorable variance
Answer:
Effect Annual rate of return =17.22%
Explanation:
The Effective annual rate of return is the equivalent rate earned where compounding is done frequently at period or interval less than a year.
EAR = (1+r/m)^n× m - 1
EAR - Equivalent annual rate of return, r- annul rate of return, n-number of years
r= 16/12 =1.333%, n= 1 m= 12 (note there are 12 months in a year)
EAR = (1+0.16/12)^(1×12) - 1
EAR = 1.0133^12 - 1 = 0.1722
EAR 0.1722 × 100 = 17.22%
Effect Annual rate of return =17.22%
