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storchak [24]
1 year ago
11

One reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors. True or false?.

Business
1 answer:
MrMuchimi1 year ago
3 0

True. One reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors.

<h3>What is a predetermined overhead rate?</h3>

This is the term that is used to refer to the allocation rate that is used in the determination of the estimated cost of the manufacturing overhead. It is used to show in either the order of the product or that of the job.

Hence based on this question we can say that it is true because the reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors.

Read more on overhead rate here: brainly.com/question/13312583

#SPJ1

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Which of the following would likely be covered under homeowners insurance but NOT by renter's insurance?a. Your basement floods,
VladimirAG [237]

Answer:

C

Explanation:

The answer is a tree branch breaks your bedroom window during a storm because this is covered by the homeowners insurance and not by the renters insurance

Renter’s insurance does not cover building or Structure on sites

7 0
3 years ago
________ costs are costs that limit the occurrence of defects and imperfections. prevention failure process assessment appraisal
ddd [48]
<span>Process costs are costs that limit the occurrence of defects and imperfections. Process costing is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. ... It is a method of assigning costs to units of production in companies producing large quantities of homogeneous products.</span>
7 0
3 years ago
Mark Crane purchased a $1,000 corporate bond five years ago for $1,055. The bond paid 7.0 percent annual interest. Five years la
lys-0071 [83]

Answer:

Mr Crane's total return on the bond investment was 5.35%

Explanation:

The return on a bond is also known as it yield to maturity (YTM). In order to find a bonds YTM we need to know its present value, future value, coupon payments and number of years. In this case the bond's present value is 1,055 because it was bought at this price, it's future value is 980 because it was sold for 980, its number of years was 5 as it was held for 5 years and its coupon payment was  (0.07*1000)=70. Now in order to compute return or ytm we need to put all these values in a financial calculator and compute I

PV= -1055

FV= 980

PMT= 70

N=5

Compute I=5.35

The return on the bond investment was 5.35%

6 0
3 years ago
Which of the following is NOT an advantage of human-centered design thinking?
yKpoI14uk [10]

Answer:

The correct option is;

d) It allows a single entrepreneur to bring their favorite ideas to market

Explanation:

Human-centered design is a methodology applied to the resolution of problems that are associated with product design and framework of management that makes the thinking mindset for the development of problems solution of having the human standpoint to be included in all the steps involved in solving the problem in order to ensure usefulness of the solution to the people it is meant to benefit.

6 0
3 years ago
In the short run, if average variable cost equals $50, average total cost equals $75, and output equals 100, the total fixed cos
musickatia [10]

Answer: $2500

Explanation:

From the question,

Average variable cost(AVC) = $50

Average total cost (ATC) = $75

Output (Q) = 100

Since Average fixed cost is the difference between the average total cost and the average Variable cost. This will be:

AFC = ATC - AVC

AFC = $75 - $50

AFC = $25

We should note that:

AFC = TFC / Q

TFC = AFC × Q

TFC = $25 × 100

TFC = $2500

Therefore, total fixed cost is $2500

5 0
3 years ago
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