Answer:
Instructions are listed below
Explanation:
Giving the following information:
At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $242,400 and 7,400 estimated direct labor-hours.
Actual manufacturing overhead for the year amounted to $243,800 and actual direct labor-hours were 5,500.
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead/ total amount of allocation base
Predetermined manufacturing overhead rate= 242000/7400= $32.70
Allocated overhead= overhead rate*actual hours= 32.7*5500= $179,850
Over/under allocation= actual overhead - allocated overhead= 243800 - 179850= 63950 underallocated
Answer:
Correct option is (a)
Explanation:
Douglas McGregor, a social psychologist categorized employees based on Theory X and Theory Y. Under theory Y, managers believe that employees are self motivated. They do not need supervision and take responsibility of their actions. They solve problems creatively and make decisions.
Managers following theory Y use participative management style. Managers and employees share relationship based on mutual trust. So, Crater valley's policy reflects theory Y attitude regarding their workers.
Answer:
Local market conditions or Local environmental conditions.
Explanation:
The answer is - Local market conditions or Local environmental conditions.
Reason -
Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations rely on a team environment at different levels in the business. Individuals at each level in the business may have some autonomy to make business decisions.
Answer:
Sometimes following a disaster, a boil water alert is issued for areas connected to mains scheme water because the mains water may be unsafe to drink or cook with.
If a boil water alert has been issued, it is essential you follow this warning to prevent illness.
To prepare water for drinking and food preparation, you should heat the water to a rolling boil for at least 1 minute using a stove or kettle and then allow it to cool. This will help to kill any bacteria.
Be sure to keep children clear from any boiling water until the water has cooled down to room temperature.
Once it has cooled it should be placed in the fridge in a clean container with a lid.
Under no circumstances should you drink or cook with water that has not been boiled until the alert is lifted.
Alternatively you can use bottled water.
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Answer: The law of demand States that as price falls, quantity demanded increases and vice versa. (A).
Explanation:
In Economics, the law of demand states that all other things being equal; as the price of a good or commodity or service increases (↑), the quantity of the good/service demanded declines (↓); also, as the price of a good/service declines (↓), the quantity demanded increases (↑).
In other words, the law of demand shows an inverse relationship between the price and quantity demanded of a good/service.
Consequently, other things being constant, the quantity demanded of a good/service is inversely proportional to the price of the good/service.
For example if the price of a luxurious car falls it would motivate the buyers to rush to get a car. This law of demand is also used by marketers to attract buyers by the use of discount on goods.
