Answer:
$3.344,67
Explanation:
Investment A( Simple interest) = Cf= Ci x(1+(ixn)) = $10.000 x(1+0,0775*10)=
$17.750
Investment B (Compound interest)= Cf= Ci x(1+i)^n = $10.000 (1+0,0775)^10=
$ 21.094,67
A - B = $17.750 - 21.094,67 = - $3.344,67
<span>The statement that is not a disadvantage to cash advances on a credit card is that (A) </span>Cash advances are similar to loans in that they need to be paid back with interest. When you ask for a cash advance, it <span>is a service provided by most </span>credit card<span> and charge </span>card<span> issuers. This will become a credit limit.</span>
Answer:
Variable overhead efficiency variance= $600 unfavorable
Explanation:
Giving the following information:
Standard rate per direct labor-hour $2
Standard direct labor-hours for each unit produced 3
Units manufactured 1,000
Actual direct labor-hours worked during the month 3,300
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
<u></u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Variable overhead efficiency variance= (1,000*3 - 3,300)*2
Variable overhead efficiency variance= $600 unfavorable