Is suitable if it is a fixed annuity but is unsuitable if it is a variable annuity
Answer: Option B.
<u>Explanation:</u>
An annuity is an agreement among you and an insurance agency where you make a singular amount installment or arrangement of installments and, consequently, get normal payment, starting either promptly or sooner or later.
An annuity is a long haul speculation that is given by an insurance agency intended to help shield you from the danger of outlasting your pay. Through annuitization, your buy installments (what you contribute) are changed over into occasional installments that can keep going forever.
Answer: insurance services
Explanation:
The answer is going to be so pick number 2 B
Answer:
$12,000 Favorable
Explanation:
Given that,
Actual overhead costs incurred = $98,500
Actual production for the month = 34,000 units
Standard variable overhead rate = $1.75 per direct labor hour
Standard fixed overhead rate = $1.50 per direct labor hour
One direct labor hour is the standard quantity per finished unit.
Firstly, we need to find out the overhead applied by multiplying the actual production units with the standard overhead rate and standard quantity per finished unit.
Total standard overhead rate:
= Standard variable overhead rate + Standard fixed overhead rate
= $1.75 + $1.50
= $3.25
Overhead applied:
= Actual production × standard quantity per finished unit × Total standard overhead rate
= 34,000 × 1 × $3.25
= $110,500
Therefore, the total manufacturing overhead cost variance is determined by deducting the Actual overhead costs from the overhead applied.
It is calculated as follows:
= Overhead applied - Actual overhead costs incurred
= $110,500 - $98,500
= $12,000 Favorable
Answer: Option D
Explanation: In simple words, standard deviation refers to the amount of variation in a data. Whereas, beta refers tot eh Greek letter that is used to denote a series or category.
Hence when we say of standard deviation we take all the data into consideration while in case of beta risk calculations of specific part is taken into consideration.
Hence from the above we can conclude that the correct option is D .
