Answer:
Explanation idea generation
It should be noted that the banker that would be visited to raise large amounts of capital is an investment banker.
<h3>Who is an investment banker?</h3>
It can be noted that an investment banker simply means a person that is involved in helping to raise capital for large corporations.
In this case, the banker that a software company most likely visit for help to raise large amounts of capital to acquire, or buy out another company is an investment banker.
Learn more on investment banking on:
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Answer:
the labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable
Explanation:
The computation of the labor rate variance and labor efficiency variance is given below;
For Labor rate variance
= $12,000 - (2000 × 7)
= $2000 F
And, the Labor efficiency variance is
= 7 × (2000 - 3000 × 0.5)
= $3500 U
Hence, the labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable
Under the FLSA, information concerning employees’ wages must
be maintained by employer such as having to pay during the payroll period, the
proper total additions to or deductions from wages should be followed and the
amount and nature of the exempt pay should be followed correctly.