Answer:
$44,268
Explanation:
Calculation for What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours
First step is to calculate the Plant-wide Overhead Rate using this formula
Plant-wide Overhead Rate = Total Overhead / Total Direct Labor Hours
Let plug in the formula
Plant-wide Overhead Rate = $632,400 / 4,800 hours
Plant-wide Overhead Rate = $131.75
Now let calculate the total manufacturing overhead for the current product order
Using this formula
Current product order Total Manufacturing Overhead = Plant-wide Overhead Rate * Direct Labor Hours
Let plug in the formula
Current product order Total Manufacturing overhead= $131.75 *336 hours
Current product order Total Manufacturing overhead= $44,268
Therefore the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours will be $44,268
Answer:
Share your vision with them. Let employees know our plans for your company and your products and services. ...
Keep them in the loop. ...
Involve them in the launch of new products. ...
Reward them for building relationships with customers.
Explanation:
Answer:
It will take 6 years to generate an amount of 1,925
Explanation:
1,925 - 1,300 = 625 interest
Then we calcualte the interest
We post our know values and sovle for time
1,300 x 0.08 x time = 625
625/(1,300x0.08) = time 6.0096 = 6 years
An electric company is like to have greatest market power.
Explanation:
An electric company falls under oligopoly market. An oligopoly market is that market that consist of few firms and large numbers of buyers. As a result the sellers have the power to change the price. Although if they increase the price the customers will not be able to stop buying those goods.
Oligopoly market has the power to affect the demand as well as the supply . In case of market power the output reduces but there is no loss in economic welfare.
Answer:
B. the marginal revenue product of major league baseball players is high relative to college professors.
Explanation:
For becoming a college professor involves more amount of efforts and dedication than the baseball players.
Also under the baseball matches there are numerous sponsors as looking for advertisement and promotions, as huge public is interested in such matches.
Therefore as large funds are invested and that the players earn accordingly more, as tickets are also charged.
The marginal revenue from baseball is therefore more, as the cost is less as compare to the cost in becoming professor.
