All categories

4 years ago

Which of the following statements about depository institutions in the U.S. are correct?

Business

1 answer:

Kaylis [27]4 years ago

4 0

Answer: C and D

Explanation:

Depository institutions are financial organization in the US that is legally authorized to confirm money deposit from customers.

You might be interested in

DL variances

diamong [38]

Answer:

Logen Construction

a. Standard hours for July Production = 3,350

b. Actual hourly wage rate = $18.25

c. Direct labor variances:

i. Labor Rate Variance = $827.50 U

ii. Labor Efficiency Variance = $720 F

iii. Total Labor Variance = $107.50 U

Explanation:

a) Data and Calculations:

Direct labor hours per frame = 5 hours

Standard hourly labor rate = $18

Standard direct labor cost per frame = $90 ($18 * 5)

Number of frames produced in July = 670

Actual direct labor hours = 3,310

Actual wages earned by workers = $60,407.50

a. Standard hours for July Production = Actual production unit multiplied by standard hours per unit

= 3,350 (670 * 5) hours

b. Actual hourly wage rate = Actual direct labor cost divided by actual direct labor hours

= $18.25 ($60,407.50/3,310)

c. Direct labor variances:

i. Labor Rate Variance = Standard direct labor rate - Actual direct labor rate * Actual direct labor hours

= $827.50 U ($18 - $18.25) * 3,310

ii. Labor Efficiency Variance = Standard direct labor hours - Actual direct labor hours * Standard Direct Labor Rate

= $720 F (3,350 - 3,310) * $18

iii. Total Labor Variance = Standard Direct Labor Cost - Actual Direct Labor Cost

= $107.50 U ($60,300 - $60,407.50)

3 0

3 years ago

The 6-month futures price on a non-dividend-paying stock is $36.20. the risk-free rate is 2.75 percent and the market rate is 9.

Otrada [13]

$15.82 (a.k.a answer B)

4 0

3 years ago

A medical researcher suggests that the new flu shot will prevent all forms of the flu, but it was never tested or proved to be t

denis23 [38]

Answer:

d. Clayton Act

Explanation:

* The Clayton Antitrust Act, declared in 1914, proceeds to improve U.S. patronage systems now.

* Designed to encourage quicker antitrust enactment, the Clayton Antitrust Act forbids anti-competing alliances, unfair pricing and predatory, furthermore other sorts of unscrupulous corporate action.

* The Clayton Antitrust Act also preserves people, enabling lawsuits corresponding organizations and supporting the rights of labor to assemble and demur modestly.

Medical researcher recommends that the new flu shot will stop all kinds of the flu, though it was never examined or declared to be right, so as we know that this will act according to the Clayton Act as rules explained above.

7 0

3 years ago

Friendly Inc., through no fault of its own, lost an entire plant due to an earthquake on May 1, 2016. In preparing its insurance

lianna [129]

Answer:

d. $413,000

Explanation:

Sales = $1,160,000

Less: Cost of Goods Sold (1,160,000*70%) = ($812,000)

Gross Profit = 348,000

Note: Since gross profit margin is 30% of the sales, the cost of goods sold must be 70% of sales.

Beginning inventory on Jan.1, 2016 = $340,000

Purchase inventory from Jan.1, 2016 to May 1,2016 = $885,000

Total Inventory = $1,225,000

Less: Cost of Goods sold = ($812,000)

Estimated Inventory on May.1 2016 = $413,000

5 0

3 years ago

Most formula products for infants contain Select one:

N76 [4]

Most formula products for infants contain lactose, heat-treated cows' milk protein, and vegetable oils.

Option A

Explanation: 

Pure cow's milk, casein as well as other additives depending on the manufacturer is the most widely used baby food formula, as a source of protein, a combination of vegetable oils, a starch supply lactose, a vitamin-mineral mixture and others.

Additionally, in the Americas and in Britain, infant formulations use soybeans as a protein source (mainly) and protein hydrolyzes in its amino acid portion for infants sensitive to many other proteins are available.

In many countries, breasts have risen and, in the average life expectancy of adoption of baby foods (such as cow's milk), infant formulas have been delayed, due to both an increased breasts and decreased use of the formula around 3 and 12 months of age.

4 0

3 years ago