Which of the following statements is correct for the above data? A. The total volume variance can be calculated by multiplying $21.50 by the difference between the expected DL hrs and the actual DL hrs. B. The volume variance for fixed manufacturing overhead costs is negative. C. The master budget variance related to fixed manufacturing overhead costs for the period equals $17,500. D. The flexible budget variance for variable manufacturing overhead costs is favorable because fewer DL hrs were logged during production than expected. E. The company’s flexible budget variance for total manufacturing overhead costs during the period equals $64,500.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan