Answer:
The standard cost is $5 per lbs
each units uses 2 lbs, so the unit stadard cost is $10
Explanation:
Volume variance
std quantity 2800.00 (1,400 units times 2 pounds per unit)
actual quantity 3000.00
std cost ??
difference -200.00
efficiency variance $(1,000.00)
-200 x Std cost = -1,000
Standard cost = -1,000/-200 = 5
The standard cost is $5 per lbs
each units uses 2 lbs, so the unit stadard cost is $10
Answer:
having declining price levels affect the reinvestment rate of your current income stream
Answer:
2.072 rights
Explanation:
Amount needed to buy the land = $8.6 million = $8,600,000
stock outstanding = 540,000
Market price per share = $34.80
subscription price = $33 a share
Now,
Number shares to be issued = ( Amount needed ) ÷ ( subscription price )
= $8,600,000 ÷ $33
= 260606.06 shares
1 rights will be issued per stock
thus,
number of rights required for purchase
= ( stock outstanding ) ÷ ( Number shares to be issued )
= 540,000 ÷ 260606.06
= 2.072 rights
Answer:
Answer is Option 2: Life insurance proceeds received after the death of a spouse.
Explanation:
Life insurance proceeds are generally not taxable. They are paid after insurer's death. It would only be taxable if the policy was given to the spouse for a price. Even if proceeds are paid under accidental policy or health insurance policy, they are not taxable. Proceeds are always paid as a lump sum amount and not in installments.
Other given options, 1, 3 and 4 like reimbursement for medical expenses, taxable portion of a disaster relief payment and dividends exceeding net premiums paid are taxable.
Answer:
Broker must obtain the signature of the seller to effect a contract.
