Had to look for the options and here is my answer.
How the Federal Reserve could persuade banks to lend out more of their reserves is by REDUCING THE DISCOUNT RATE. The Federal Reserve is known to be the central bank of the United States which regulates the financial activities of the nation and how this affects their economy. Hope this helps.
Answer and Explanation:
The computation is given below:
a)
Direct labor rate variance = (Actual rate - Standard rate) × Actual hours
= ($22.50 - $23) × 8,450 hours
= -$4,225.00 Favorable
Direct labor time variance = (Actual hours - Standard hours) × Standard rate
= (8,450 hours - 8,400 hours) × $23
= $ 1,150.00 Unfavorable
Total direct labor cost variance is
= Direct labor rate variance + Direct labor time variance
= $4,225 Favorable + $1,150 Unfavorable
= -$3,075.00 Favorable
b. In the case when the employees are not much experienced or they are poorly trained so the less experience cause to less performance due to which the actual time needed should be more than the standard one
Answer:
Journal entry on February 8 :
Debit : Cash $2,673
Debit : Discount received $27
Credit : Account Receivable $2,700
Explanation:
The journal entry that Smart makes on February should show the Cash payment net of cash discount, a decrease in Total Account Receivable balance and recognition of an expense discount allowed up to 1 %.
When an operation reaches its break-even point the operation's revenue will equal its fixed plus variable expenses.
Within your budget, fixed expenses are those that never fluctuate, albeit they could periodically. Depending on the kind of expenditure, fixed expenses are paid on a regular basis and may vary somewhat, alter dramatically, or remain constant.
Regular fluctuations in variable expenses might be caused by daily decisions you make. Variable expenditures, in contrast to fixed expenses, can be unpredictable and fluctuating, but that doesn't mean they aren't required; many necessities fall into this category.
To know more about expenses refer here:
brainly.com/question/27659946
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