Answer:
21,500
Explanation:
Given that,
Labor efficiency variance = $8,000 F
Standard Rate = $8 per hour
Standards for direct labor for a product = 2.5 hours
Labor efficiency variance = (Standard Hour for actual output - Actual Hour) × Standard Rate
$8,000 = [(9,000 × 2.5) - Actual Hour] × $8 per hour
1,000 = 22,500 - Actual Hour
Actual hour = 22,500 - 1,000
= 21,500
Therefore, the actual number of hours worked during the past period was 21,500.
Answer:
C. Bad Debts Expense 125 125
Accounts Receivable
Explanation:
When there is straight waive off of accounts receivable, then it reduces the balance of accounts receivables and along with that the expense in the form of bad debts will be recorded in the income statement.
This provides for an expense to be debited and an accounts receivables would decrease because it is an asset, now no more realizable.
Also the expense will be debited as the general rule of accounting states that all expenses and losses are debited.
Answer: interest rate parity holds
Explanation:
Covered interest arbitrage is a trading strategy that is used by an investor when the person whereby takes advantage of the differences in interest rate between two nations and invest in the currency that brings higher value.
If covered interest arbitrage opportunities do not exist, it simply means that interest rate parity holds.
Answer:
C. Descriptive research
Explanation:
According to my study on the different types of research methods, I can say that based on the information provided within the question the type of research that they are conducting is called a Descriptive Research Method. This method focuses on describing different types of characteristics of the population or phenomenon that is being studied. This can be said because they are describing a small population of the truck drivers and their preferences.
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Answer:
I’d ask him what are the stocks he is interested in selling/investing in. And where he would get all these stocks due to the fact that day traders sell everyday. Causing me to question if he’s buying stocks in surplus then selling them for a higher price or perhaps he has stocks of his own he can make a surplus of.
Explanation: Day traders execute many trades throughout the day to capitalize on intraday market price action. Their goal is to profit off of short term price movements.