Answer:
b. $6.50 per machine-hour
Explanation:
The computation of the predetermined overhead rate is
= Total fixed manufacturing overhead cost ÷ Total machine-hours + Variable manufacturing overhead per machine-hour
= $294,000 ÷ 70,000 + $2.30
= $4.20 + $2.30
= $6.50 per machine-hour
Therefore, all the other information that is given are irrelevant. Hence, ignored it
It must be signed off the leaseholder
Answer:
Will increase by 10 units
Explanation:
Given the formula for quantity supplied Qxs = 1,000 + PX - 5PY - 2PW
We are told to gauge the effect of increase in input (W) on quantity supplied (Qxs)
So assuming this protein of the equation is constant
1,000 + PX - 5PY= k
That is there is no change in price of X and Y
Qxs= k- P(W)
So it can be seen that an increase in P(W) is a negative change in the equation
Qxs k - ∆10
Resulting in reduction in Qxs by 10
Ben's job is a Technology Solutions Project Manager. His job is to provide or give consultation on technology related conditions of businesses. He implements it through different projects at hand and ensures that it would help troubleshoot problems and make projects go on smoothly.
Answer:
A minimum wage that firms may pay workers (Option C)
Explanation:
A minimum wage is the lowest pay, wage or salary permitted by law for employers to pay their workers. In other words, a minimum wage is the price benchmark which workers should not go below in offering labor.
Minimum wages are legally established to protect or guard workers against unduly low pay or exploitation. Most countries of the world have minimum wage legislation that was introduced before the end of the 20th century.
