This is a territorial restriction.
It even says in the text - territorial restriction refers to when a certain company forbids another company to sell its products in a certain location, because it will interfere with the first company's profits. The same thing happened here, because they don't want any competition on the market.
Answer:
Variable overhead rate variance $1,050 unfavorable
Explanation:
<em>Variable overhead rate variance is the difference between the standard variable overhead cost allowed for the actual hours worked and the actual variable overhead incurred for the period</em>
$
470 hours should have cost (470× $ 5.00) 2,350
but did cost <u> 3,400 </u>
Variable overhead rate variance <u> 1050 un</u>favorable
Variable overhead rate variance $1,050 unfavorable
Answer:
Interest receivable $600
Explanation:
The interest is just for 9 months and the cash for the interest has not been received yet, so debit Interest Receivable.
Interest is calculated using the formula:
interest=Principal x rate x time
$16,000 x 5% x 9/12 = $600
Interest Revenue would be credited for $600, but that is reported on the Income Statement, not the Balance Sheet.
<span>Median of a normal distribution is to outlier as lunar perigee is to lunar orbit. Lunar perigee is the side of the moon that is closest too earth. The moon is orbiting elliptically around the earth which means that the closest part of the moon's orbit is the perigee. This is also the the time wherein the moon appears bigger than the normal size. That is why, the distances between the moon and the earth varies according to how the moon is being positioned around the earth while orbiting.</span>