A,B,C, or D on 8-10_________

When a sales representative wishes to sell an exempt security to an out of state customer, which statement is TRUE?

GaryK [48]

Answer: A. Both the broker-dealer and the registered representative must be registered in the state where the sale of the exempt security is going to be made

Explanation:

When a sales representative wishes to sell an exempt security to an out of state customer, it should be noted that both the broker-dealer and the registered representative must be registered in the state where the sale of the exempt security is going to be made.

It should be noted that when though the exempt securities aren't typically registered under the Federal law and the State law, the broker-dealers along with the sales employees must be registered unde the state law where the security is being offered.

7 0

3 years ago

Direct Labor Variances Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for Oc

Viktor [21]

Answer:

Labor Efficiency Variance=268 Unfavorable

Labor Rate Variance= $ 150 Favorable

Total Direct Labor Cost Variance= $ 118

Work In Process $ 6432 debit

Explanation:

Glacier Bicycle Company

Quantity of direct labor used 500 hrs.

Actual rate for direct labor $13.10 per hr.

Standard direct labor per bicycle 2 hrs.

Standard rate for direct labor $13.40 per hr

The labor efficiency variance= (Standard Hours allowed * standard labor Rate )- ( Actual Hours * standard labor Rate )

Labor Efficiency Variance= (SH* SR)- (AH*SR)

Labor Efficiency Variance= ( 2* 240 *13.4) - (500* 13.4)

Labor Efficiency Variance= ( 480*13.4) - (500* 13.4)

Labor Efficiency Variance= $ 6432- $ 6700= 268 Unfavorable

Labor Rate Variance= (actual hours * actual rate) - (actual hours* standard rate)

Labor Rate Variance= ( 500 *13.1) - (500*13.4)= 6550-6700= $ 150 Favorable

Total Direct Labor Cost Variance= Labor Efficiency Variance + Labor Rate Variance

Total Direct Labor Cost Variance= 268 Unfavorable +$ 150 Favorable

Total Direct Labor Cost Variance= $ 118

Work In Process $ 6432 debit

Labor Efficiency Variance 268 Unfavorable debit

Labor Rate Variance$ 150 Favorable credit

Accrued Payroll $ 6550 credit

5 0

3 years ago

Seamus dropped out of school as a 16-year-old and needs to support himself, though he has few skills. He is a part-time employee

Norma-Jean [14]

Answer:

B) physiological needs

Explanation:

According to the Maslow's hierarchy of needs, Physiological Needs are the fundamental needs that deals with the essential maintenance of humans, physically, emotionally and mentally and it include survival needs such as the need for food, reproduction, sleep, and air.

Physiological needs are non-negotiable as we all need them for human survival.

Hence, Seamus is having trouble meeting his physiological needs.

3 0

3 years ago

Fill in the blanks: long term disability insurance costs about ____% of your income, which is helpful as long term disabilities

Elden [556K]

Long-term disability insurance costs about 60% of income which is helpful as long-term disabilities last on average about 65 years.

<h3>What do you mean by insurance?</h3>

Insurance is referred to as a contract where an individual receives financial protection against the losses of an insurance company.

Long-term disability insurance costs approximately 60% of the income and premiums are not guaranteed and can be canceled by the employer.

Therefore, long-term disability insurance costs about 60% of income which is helpful as long-term disabilities last on average about 65 years.

Learn more about Insurance here:

brainly.com/question/989103

#SPJ1

5 0

2 years ago

Sarah's utility function is represented as: U = F0.5C0.5, F is quantity of food and C is quantity of clothing. If Sarah's budget

san4es73 [151]

Explanation:

Utility function is given by U=F^0.5C^0.5

Find the MRS which is -MUF / MUC

MUF = dU/dF = 0.5F^-0.5C^0.5

MUC = dU/dC = 0.5F^0.5C^-0.5

Now MRS = -(0.5F^-0.5C^0.5) / (0.5F^0.5C^-0.5)

= -(C^0.5C^0.5)/(F^0.5F^0.5)

= - C/F

From the budget constraint, we have slope = -Price ratios = -coefficient of F / coefficient of C = -2/1 or -2.

At the optimal choice, utility function is tangent to budget line so MRS = slope of budget line

- C/F = -2

C = 2F

Use C = 2F in the budget equation

120 = 2F + 2F

120 = 4F

F = 120/4 = 30 units

Then C = 2F = 2*30 = 60 units

Hence her optimal bundle of consumption should be 30F and 60C

(This is the correct answer. For a generalized results, I have attached the derivation of formulas)

4 0

3 years ago

A,B,C, or D on 8-10__________