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____ [38]
2 years ago
9

Typically, the ________ style of leader avoids dominating groups. autocratic laissez-faire authoritarian democratic

Business
1 answer:
aleksklad [387]2 years ago
3 0

Typically, the<u> laissez-faire</u> style of a leader avoids dominating groups.

In French, "laissez-faire" literally means "let someone do what they want". The origins of laissez-faire are associated with his group of 18th-century French economists, the Physiocrats, who believed that government policy should not interfere with the running of the natural economy.

An example of laissez-faire is the economic policies of capitalist countries. An example of laissez-faire is when homeowners can grow whatever they want in their front yard without asking for a city permit. Do not interfere in the affairs of others.

Disclaimer: Learn more about laissez-faire here brainly.com/question/17259480

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EcoFabrics has budgeted overhead costs of $1,039,500. It has allocated overhead on a plantwide basis to its two products (wool a
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Answer:

1. Cutting $1.80 per machine hour

Design $390 per setup

2. Wool product line $627,000

Cotton Product line $412,500

3. Overhead rate $2.10

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Explanation:

1. Calculation to determine the overhead rate using activity based costing.

Overhead rate using the activity based costing

Cutting = Overhead / Total Machine hours

= $396,000 / 220,000

= $1.80 per machine hour

Design = Overhead / Number of setups

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2. Calculation to determine the amount of overhead allocated to the wool product line and the cotton product line using activity-based costing

Overhead allocated to the wool product line and the cotton product line

Wool product line = (110,000 * $1.80) + (1,100 * $390)

Wool product line= $198,000 + $429,000

Wool product line= $627,000

Cotton Product line = (110,000 * $1.80) + (550 * $390)

Cotton Product line= $198,000 + $214,500

Cotton Product line= $412,500

3.Calculation to determine the overhead rate using traditional approach.

Overhead rate using traditional approach

Overhead rate = Total Overhead / Direct labor hours

Overhead rate= $1,039,500 / 495,000

Overhead rate= $2.10

4. Calculation to determine What amount of overhead would be allocated to the wool and cotton product lines using the traditional approach

Overhead allocated using the traditional method

Wool Product line = $1,039,500 / 2

Wool Product line= $519,750

Cotton Product line = $1,039,500 / 2

Cotton Product line= $519,750

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