Answer:
D. $ 16 comma 619
Explanation:
Mortgage Installment is compromised of the interest and principal payment. The principal value is calculated by deducting the interest on opening balance of mortgage from installment of the year.
Mortgage Amortization schedule
Date Installment Interest Principal Balance
January 1, 2018 110,000
January 1, 2019 29,066 (110,000x15%) 16500 12,566 97,434
January 1, 2020 29,066 (97,434x15%) 14,615 14,451 82,983
January 1, 2021 29,066 (82,983x15%) 12,447 16,619 66,364
Answer: a) unfavorable direct labor price (rate) variance of $2,085.
Explanation:
The purpose of calculating variance is to see if a company is being efficient in it's production of goods and services or in it's general affairs. The variance is calculated by subtracting the actual amount that was used to do something from it's budgeted amount.
If the actual amount is higher then the Variance is said to be Unfavourable. The reverse holds true.
Calculating the Direct Labor price (rate) Variance will give us,
Direct Labor Price (rate) Variance = (Actual Price - Standard price)*Actual Hour
NB - Figures are given for 30 minutes so need to be converted.
Direct Labor Price (rate) Variance = (111,285/9,100 *2 - 115,200/9,600 * 2 ) * 9100/2
= $2,085
Actual Price (rate) variance was higher than Standard Price (rate) variance which led to an Unfavourable balance of $2,085
The promotion mix element that is facilitated by words of mouth is ADVERTISING.
Word of mouth advertising is a form of unpaid spread of positive marketing information which move from one person to another. The method involves passing information across to other people by meaning of oral communication.
Answer:
Explanation:
an entity relationship diagram is a graphical representation of entities and their relationship to each other. it is usually used for business needs.
see more information to the question below in the attachment.