winstonbendariovvygn
06.06.2020 •
Business
The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.1 hours Standard labor rate $ 19.90 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 6,700 hours Actual total labor cost $ 134,000 Actual output 1,600 units Required: a. What is the labor rate variance for the month
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Ответ:
C
Explanation:
Investment in a DPP (Direct Participation Program)
A direct participation program (DPP) is a direct participation plan, they are non-traded pooled investments in real estate or also in energy business over an extended time frame.
DPPs are not traded, that means that they lack the ability to be liquid and also not a reliable pricing mechanism. With DPPs there usally is a requirement for clients to meet up with asset and income thresholds to invest.