Under bodily injury liability automobile insurance,the insurer is liable for damages up to $50,000 per incident.

Cheshire, Inc. allocates fixed overhead at a rate of $18 per direct labor hour. This amount is based on 90% of capacity or 3,600 direct labor hours for 6,000 units. During May, Cheshire produced 5,500 units. Budgeted fixed overhead is $66,000, and overhead incurred was $67,000.
Required:
Determine the volume variance for May.

A loan for a new car costs the borrower .8% per month. What is the EAR?

A) .80%
B) 6.87%
C) 9.6%
D) 10.03%

_____ power is effective only when followers believe in the structure that produces this power.

Kinetic Company estimates that overhead costs for the next year will be $1,600,000 for indirect labor and $400,000 for factory utilities.The company uses direct labor hours as its overhead allocation base,and plans to use 50,000 direct labor hours for this next year.If a product uses 5 direct labor hours,then it will be assigned $200 in overhead costs.

(Figure: Demand and Supply of Gasoline) Use Figure: Demand and Supply of Gasoline.Given the equilibrium after a change in supply from S₁ to S₂:

A) at the old price of $2.50,there will be pressure for the price to fall.
B) the new price will be $2.00.
C) the new quantity will be 600.
D) the price will remain constant.