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Budgeted labour hours 8,500, Budgeted overheads GHS148,750, Actual labour hours 7,928, Actual overheads GHS146,200. Based...

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Finance

Budgeted labour hours 8,500, Budgeted overheads GHS148,750, Actual labour hours 7,928, Actual overheads GHS146,200. Based on the data given above, what is the labour hour overhead absorption rate?
  • A. [GHS17.50 per hour
  • B. GHS17.20 per hour.
  • C. GHS18.44 per hour.
  • D. GHS18.76 per hour.
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a) What is Interest Rate Risk? Mention and explain the various sources of interest rate risk in a typical banking book. b) XYZ Bank has the following balance sheet extract as at 31s March 2020: The duration of the assets is 7 years and that of the customer deposits is 5 years. The bank expects interest rate to rise by 100bps in the next 1 year and are worried about the impact on their capital. The current interest rate for the 1 year tenor is 17%. i) Calculate the impaet of the rate increase on the bank's capital ii) Prepare the bank's new balance sheet assuming the market rate rises as predicted

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