Answer:
Cost variance= 7 unfavorable
Explanation:
Giving the following information:
Each bat requires 1 kg of aluminum at $18 per kg and 0.25 direct labor hours at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. Assume the actual cost to manufacture one metal bat was $40.
Estimated cost= 18 + 0.25*20 + 0.25*40= 33
Actual cost= 40
Cost variance= 7 unfavorable
Answer:
The answer is B. increase its spending.
Explanation:
Fiscal policy is a tool used by the government of every nation to control its economy. It uses its spending and revenue (tax) to control it.
When the economy is operating at an output level below potential real GDP, it means there are low activities in the economy i.e reduced households' consumption, reduced business investments and reduced government spending.
Government can stimulate the economy (which will increase real GDP) by increasing its spending in all areas.
Increasing taxes will reduce GDP because households' consumption will reduce due to lower disposable income and business investments too will reduce.
Option A and D are wrong because money supply is a monetary policy.
Answer:
$42,500
Explanation:
Given that,
Beginning total assets = $400,000
Ending total assets = $450,000
Average total assets = (Beginning total assets + Ending total assets) ÷ 2
= ($400,000 + $450,000) ÷ 2
= $425,000
Return on assets = 10%
Net Income ÷ Average total assets = 0.1
Net Income ÷ $425,000 = 0.1
Net Income = 0.1 × $425,000
= $42,500
Therefore, the Sub America's net income for the year is $42,500.
Answer:
$1.55
Explanation:
Interest rate parity = (1+Rh) / (1+Rf) = F1 / S0
Rh = rate on home currency here US is home 3% p.a = 3%/4 = 0.75%
Rf= rate on foreign currency here Germany 3.5% p.a = 3.5%/4 = 0.875
F1 = Forward rate
, S0= Spot market rate
So, (1+0.0075) / (1+0.00875) = F1 / 1.56
1.0075/1.00875 = F1 / 1.56
0.998761 = F1 / 1.56
F1 = 0.998761 * 1.56
F1 = 1.55806716
F1 = $1.55
Thus, the 90-day forward rate is $1.55
Answer:
have received its powers through the delegation doctrine.
Explanation:
The delegation doctrine establishes that Congress has the power to delegate authority to federal administrative agencies (e.g. FDA) which enables them to create rules regulating certain specific activities, and to provide oversight regarding the specific activities that they regulate.
In order to create this federal agencies and to delegate them authority, Congress must pass enabling legislation by which the agency is created. This legislation must specify the agency's name, purpose, functions and the specific powers being delegated to them.
