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Norma-Jean [14]
3 years ago
12

An investor set up his own IRA several years ago and has now decided to get professional advice from an investment adviser. When

the investor meets with the investment adviser, he tells the adviser that he has positions in common stock, an index fund, TIPs bonds, a municipal bond fund, and a small amount of cash. Which of these investments should the investment adviser immediately be most concerned about
Business
1 answer:
Nezavi [6.7K]3 years ago
8 0

Answer:

Municipal bond fund

Explanation:

He should be most concerned about this fund because these investments are in the investors IRA, the investment aadviser should be immediately concerned about the municipal bond fund investment.

We have seen that this is a tax deferred account, so a tax free investment is not going to be suitable.

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Variable overhead efficiency variance $1,680  Favorable

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<em>Variable overhead efficiency variance:  Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected. </em>

Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance

                                                                                                      Hours

5000 units should have taken (5000×0.5 hours)                    2,500

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Labour hours variance                                                                 420  favorable

Standard variable overhead rate                                             <u>×$ 4.00</u> per hour

Variable overhead efficiency variance                                   <u>$1,680  Favorable</u>

                 

                                                             

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