Answer:
Variable overhead efficiency variance= $19,952 unfavorable
Explanation:
Giving the following information:
Standard hours per unit of output 5.2 hours
Standard variable overhead rate $11.60 per hour
Actual hours 2,500 hours
Actual output of 150 units
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 5.2*150= 780
Variable overhead efficiency variance= (780 - 2,500)*11.6
Variable overhead efficiency variance= $19,952 unfavorable
Answer:
Nepal is a nation located in the Himalayan Mountains, bordering India and China, being a kind of buffer nation between both powers.
Given its location, it does not have access to the sea, which makes maritime transport impossible. In addition, the rivers that pass through its territory are at such an altitude that river transport is impossible.
On the other hand, its mountainous location makes the construction of routes that connect the nation with its neighbors complex, since they must avoid the highest mountains on the planet in a few kilometers of range. Even so, some routes cross the country from east to west, delivering Nepalese products to China and India.
This makes air transport the most effective within Nepalese territory, where there are some 44 airports located, the most important being that of its capital, Kathmandu.
A majority of the mortgage bankers and real estate companies who were influential in the creation of the financial crisis in the year 2008 were driven by affordable housing for the United States' people.
<h3>What is the significance of 2008 financial crisis?</h3>
The financial crisis of 2008, which lasted until early 2009, was caused by the luring the schemes of affordable housing for the US citizens by some of the biggest global mortgage bankers and real estate companies by coming in close collaborations.
The 2008 financial crisis was influential in complete destruction of global economic conditions. This was one of the first big level crises of the 21st century.
Hence, the causes of 2008 financial crisis are aforementioned.
Learn more about 2008 financial crisis here:
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Proper internal control means that responsibility for a<u> task</u> is clearly <u>established</u> and assigned to one person.
Explanation:
<u>The MAIN purpose of internal controls IS to protect assets and ensure reliable accounting</u>
The main Principles of internal control are
- Divide responsibility for related transactions
- Perform regular and independent reviews
- Maintain adequate records
- Establish responsibilities
The Companies follow the internal control procedure of maintaining adequate records by
- Keeping detailed records makes it unlikely that assets are lost or stolen without detection
- Reliable records are a source of information that managers use to monitor activities
Thus we can say that Proper internal control means that responsibility for a<u> task</u> is clearly <u>established</u> and assigned to one person.
