Answer: The predetermined overhead rate increased because the total direct labor-hours dropped
Explanation:
The predetermined overhead rate refers to an allocation rate which is used in applying the estimated manufacturing overhead cost to the cost objects for a particular reporting period.
When there's reduction in the direct labor-hour requirement from 5 hours to 2 hours, the predetermined overhead rate increased because the total direct labor-hours dropped
The predetermined overhead rate is calculated as the total overhead cost divided by the machine hour. Therefore, if there's reduction in the direct labor hour rate, then there will be a rise in the predetermined overhead rate.
Answer:
The correct option is C,investors expect future short rates to be lower than the current 3 month interest rate.
Explanation:
The yield to maturity is the effective interest rate on a debt obligation which implies the actual return that investors receive by investing in bonds.
The yield to maturity is different from the coupon interest which is the actual amount of cash receivable by investors periodically.
Specifically,a higher yield on short term T-bill means that investors expect that the future interest rates on long-term dated bonds to be much lower.
This is due to the fact the longer the time to maturity the more uncertain the interest rates in the bond markets become.
Both A and B so answer C.
Answer:
The director is required to send a mail concerning the revocation notice to the producer.
Explanation:
Where a producer violates an insurance law and also commits a criminal action in the process, the director is expected to send a notice to the producer and inform the Attorney General for possible prosecution.
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Explanation:
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