Answer:
1. 60,000 hours
2. $210,000
3. $10,500 Unfavorable
Explanation:
1. Standard Hours = 3 per unit
Actual production units = 20,000
Standard Hours for actual production = Standard Hours × Actual production units
= 3 × 20,000
= 60,000 hours
2. Applied variable overhead = Standard hours × Standard Rate per hour
= 60,000 × $3.50
= $210,000
3. Total Variable overhead variance = Applied variable overhead - Actual variable overhead overhead
= $210,000 - $220,500
= $10,500 Unfavorable
Answer:
b. Lower Higher
Explanation:
As non interest bearing notes are issued on deep discounted value. The face value of the note is discounted to calculate the cash receipt from the issuance. So, the cash received will be higher than the face value of the note.
If the non interest bearing note is issued on a discounted value the effective interest rate will be higher than the discount rate of the bond because the investor demands the required rate of return which is used to discount and calculating effective rate using discounted value will result the higher rate.
Answer:
C. The government can change the reserve
ratio.
You could say something like "From this day forth all staff in the in-house sales department and <span>the traveling sales department. All men must wear suit and tie, and all women must be dressed in jeans and a long sleeve shirt!?"</span>
Net public debt is gross public debt minus the portion that is held by government agencies
Public debt is the total amount borrowed by the government, including all obligations, to meet its development budget. It must be paid out of the Consolidated Fund of India. The term "debt obligations" is also used to describe the total liabilities of the federal and state governments, even though the Union government expressly distinguishes its financial obligations from those of the states.
The ability of the government to issue debt has been crucial in the development of states. Public debt has been linked to the establishment of democracy, private financial markets, and modern economic expansion..
Learn more about public debt here:
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