Answer:
$37,600 favorable
Explanation:
Variable overhead spending variance can be computed as;
= (Actual hours worked × Actual variable overhead rate) - ( Actual hours worked - Standard variable overhead rate)
= ( 18,800 hours × $77,700/12,000) - (18,800 hours × $4.5)
= [(18,800 × $6.5) - (18,800 × $4.5)]
= $122,200 - $84,600
= $37,600 favorable
This Halloween, it's anticipated that each person would spend, on average, $100.45.
Halloween, which is observed annually on October 31st, is also known as All Saints Eve or All Hollow's Eve because it was historically observed to signal the end of the harvest season and the start of the chilly, harsh winters. The night before the new year, according to the Celts, the line between the worlds of the living and the dead fuzzed. Samhain, when Halloween was thought that the spirits of the dead made a comeback to earth, was celebrated on the evening of October 31. The term "spend" is the verb's present-basic form. Second, despite referring to the past tense and past participle of the verb "spend," the term "spent" can also be employed as a verb or an adjective. To disburse cash for the sake of a person, thing, or cause is called spend.
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So you still have 60 points to go up. Every month is 3 more points. Divide 60 by 3 which will give you the number of months left before you reach your goal. 60/3= 20 months or 1 year and 8 months.
Answer:
Explanation:
1st strategy : Selling pound forward
The spot rate of the pound is quoted at $1.51.
The one-year forward rate exhibits a 2.65% premium.
The one-year forward rate = 1.51 ( 1+ 0.0265)
= $ 1.55
Dollars received = 100000 * 1.55 = $155000
2nd strategy : Buying put option
The strike price of put = $1.54
premium on option is $.03
Amount received per option = $ 1.54 - $ 0.03 =$1.51
Total Dollars received = 100000* 1.51 = $ 151000
the best possible hedging strategy is Selling pound forward and receiving $155000
