Answer:
the labor rate variance is $2,580 unfavorable
Explanation:
The computation of the labor rate variance is shown below:
= Actual labor cost - (standard rate × actual hours)
= $131,580 - ($15.60 × 8,600 hours)
= $131,580 - $134,160
= $2,580 unfavorable
Hence, the labor rate variance is $2,580 unfavorable
Suppose the fed sells $50 million of government securities to the bank of America. complete the sentences. the fed's total assets increase by $50 million and its total liabilities do not change.
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What are liabilities?</h3>
- A liability is defined in financial accounting as the future forfeitures of economic benefits that an entity must make to other entities as a result of previous transactions or other previous events, the resolution of which may result in the transfer or use of assets, the provision of services, or another future yielding of economic benefits.
- Financial accounting liabilities might be based on equitable duties or constructive obligations rather than having to be legally enforceable.
- A responsibility based on moral or ethical principles is referred to as an equitable obligation.
- Contrary to an obligation that is founded on a contract, a constructive duty is one that is suggested by a particular combination of circumstances.
To learn more about the liability, refer to the following link:
brainly.com/question/24534918
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Answer:
C.Occurrence of a trade war
Explanation:
Strategic Trade Policy depicts policy adopted by certain countries to effect strategic interactions between firms in an international oligopoly. These include policy instruments (export subsidy, import tariff) by trying to shift profits from international to domestic firms.It is likely to develop their firms status in international markets & raise level of domestic welfare.
Many economists are skeptical about government's analytical capacity to determine optimal amount of intervention, as per theory application. If non optimal (over protection intervention) is used, it might lead to risk retaliation by other international firms & action reaction leads to occurrence of trade (commercial) war.
Answer/Explanation:
<u>Raymond Corporation </u>
Inventory $ $
B/F 250,000
Add: Goods shipped to customers
on Dec. 29, 2021 8,000
Goods on consignment Dec. 31, 2021 <u>35,000
</u>
<u>293,000</u>
Less: Goods shipped/in transit on
Dec. 26, 2021 50,000
Goods shipped to customers on
Dec. 29, 2021 <u>8,000</u>
<u>58,000</u> <u>(58,000)
</u>
<u>235,000</u>
Raymond Corporation Inventory as at Dec. 31, 2021.
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