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2 years ago

The economic growth demonstrated by this recruitment letter was primarily a result of —.

Business

1 answer:

Lorico [155]2 years ago

4 0

The economic growth in the recruitment letter was demonstrated as a result of industrial production.

<h3>What is economic growth?</h3>

A stable uplift in the economic conditions, in comparison to the previous economic period(s), is regarded as an economic growth. It is driven by many external factors.

In the recruitment letter, it was found that the increase in the industrial productivity led to extreme economic growth in the United States of America.

Hence, the reasons for the economic growth have been aforementioned.

Learn more about economic growth here:

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2 years ago

No matter what way you approach raising money for your business, you will need a ________. written business plan family investme

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Answer:

The correct answer is letter "A": written business plan.

Explanation:

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3 years ago

The competitive firm's supply curve is equal to A. the portion of its marginal cost curve that lies on and above AFC. B. its mar

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Answer:

a. the portion of its marginal cost curve that lies above the AVC

Explanation:

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2 years ago

Management is needed in all types and sizes of organizations, at all organizational levels and in all organizational work areas,

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Answer:

Universality of management

Explanation:

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3 years ago

Teagan Company uses Departmental Overhead allocation to allocate its manufacturing overhead costs. It has identified two depart

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Answer:

Machining:

Allocated MOH= $603

Assembly:

Allocated MOH= $450

Explanation:

Giving the following information:

Machining:

Allocates overhead using machine-hours

Estimated manufacturing overhead: $670,000

Estimated machine-hours= 10,000

Assembly:

Allocates overhead using direct labor hours.

Estimated manufacturing overhead: $450,000

Estimated direct labor hours= 15,000 hours

First, we need to calculate the estimated manufacturing overhead rate for each department:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machining:

Estimated manufacturing overhead rate= 670,000/10,000= $67 per machine hour

Assembly:

Estimated manufacturing overhead rate= 450,000/15,000= $30 per direct labor hour.

Job 601:

Machining Department: 9 Machine Hours

Assembly Department: 15 DL hours

To allocate overhead we use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

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Allocated MOH= 67*9= $603

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