Answer:
Direct Labor rate Variance $ 24840 Unfavorable
Labor Efficiency Variance $23520 favorable
Explanation:
Direct Labor rate Variance = Actual Hours * Actual Rate- Actual Hour * Standard Rate
Direct Labor rate Variance = 24840*15- 24840*14
= 372600- 347760
= $ 24840 Unfavorable
Labor Efficiency Variance = Actual Hours * Standard Rate- Standard Hour * Standard Rate
Labor Efficiency Variance = 24840*14- 4*6630*14
= 24840*14- 26520*14
= 347760 - 371280= $23520 favorable
Answer:
A
Explanation:
By definition, open-market operations change the monetary base.
In this exercise, the Fed engages in open-market purchases, which means that the Fed expands the amount of money in the banking system. Therefore the monetary base will increase by an amount equal to the amount of open-market purchases.
So monetary base will increase by $3 billion.
Answer:
The statement which is correct and true is that the debt securities usually pay interest for the fixed period or year. Therefore, the correct option is B.
Explanation:
Debt securities are the securities which refer to a debt instrument like CD (Certificate of deposit, preferred stock, corporate bond and municipal bond, it is sold or bought among the parties.
It is also called as the securities which are fixed income, therefore, the statement which is correct is that these securities pay interest for a fixed period.
OPTIONS:
A. Resources B. reserves. C. overheads. D. variable costs.
Answer:
A. Resources
Explanation:
Resources are factors that aid the production process of any business, which includes land, labor, capital, and management. All are combined together to make production successful. The organization’s processes, the employees and its equipment can be regarded as the company’s resources which are put together in the production of greeting cards for customers use.
