Answer: $2,905
Explanation:
The total interest that will be paid on the note is:
= 498,000 * 7%
= $34,860
This interest will have to be apportioned monthly over the year. The monthly interest (which will also be the December interest) is:
= 34,860 / 12 months
= $2,905
Answer:
$11.165 unfavorable
Explanation:
The formula to compute the variable overhead efficiency variance is shown below:
= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour
where,
Actual direct labor hours is 2,975
And, the standard direct labor hours equal to
= 250 units × 9
= 2,250
Now put these values to the above formula
So, the value would equal to
= (2,975 - 2,250) × $15.40
= $11.165 unfavorable
Dollars - currency exchange market
Shares -stock markets
Wheat-commodity market
He gave up visiting the popular Ouro Preto so the Oppurtunity Cost is D) Sightseeing
Answer:
<em>Financial intermediaries</em>
Explanation:
A financial intermediary, basically can be identified by its name, in its name there is coming a word intermediary which means a middleman between two groups and the word financial means the financial transaction between the two group in the presence of the middle man.
<em>So </em><u><em>financial intermediary i</em></u><em>ncludes credit companies, banks and other businesses also to help insure against the risks associated with the consuming and selling of the products. </em>
