Answer:
B. $9
Explanation:
Based on the scenario being described within the question it can be said that the standard labor rate for the product in dollars per hour is that of $9. This can be calculated using by subtracting the labor rate variance from the actual cost, and then dividing that amount by the actual-direct labor hours as so...
$338,400 - 14,400 = 324,000
AH X SR = 324,000/36,000 = $9
Making the total dollars per hour $9
Answer:
$52,500
Explanation:
Manufacturing overhead are allocated at a rate of $15 per direct labor-hour.
Allocated manufacturing overhead:
= Number of direct labor hours × Manufacturing overhead rate per direct labor hour
= 3,500 hours × $15
= $52,500
Therefore, the actual amount of manufacturing overhead costs incurred in June 2015 totals $52,500.
Answer:
the correct answer is "Equilibrium quantity will increase; the effect on price is ambiguous"
Explanation:
The supply will increase as the cost of production of apple pies has diminished. The curve of the graph for supply will move to the right.
In the event that customers expect the future costs of apple pie rises, they will stock up now and the interest for apple pie will rises. The curve of the demand graph move to right.
At the point when both demand and supply graph curve bends a similar way, the harmony amount will increase however the impact on balance cost is indeterminate.
With a(n) the add-on method is a widely used technique for computing interest on installment loan, interest charges are calculated using the original balance, and these charges are then added to the loan.
Add-on method:
1. A common approach for calculating interest on installment loans is the add-on method. When using the add-on technique, the indicated interest rate is applied to the loan's original balance to determine interest.
Reason:
When applying for a loan or mortgage, the calculation method called add-on interest is used. The interest due on the loan is determined using this method at the beginning of the loan. The principal is increased once the interest has been calculated. The principal and interest are both repaid along with the loan when the borrower repays it.
Financial institutions benefit from the add-on approach because even if the borrower pays off the loan early, the bank will still receive the full interest payment. As a result, interest is always computed on the principle, or the original loan amount, rather than the current balance.
2. Where F, is the finance charge for the loan, and the loan's length is measured in years.
Reason: An annual rate is always used to express interest rates. As a result, the loan's term will likewise be calculated annually.
Learn more about add-on method here brainly.com/question/18437550
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Answer:
Amount of cash paid on Aug 16 = <u>$8,167.50</u>
Explanation:
As for the information provided the terms of purchase are,
1% discount if payment made within 10 days,
and a total credit period of 30 days without any discount beyond 10 days.
Here, inventory purchased on August 7 = $9,750
Less; Return on 11 August = $1,500
Net Purchases = $8,250
Since payment is made on 16 August that is within 10 days from purchase discount will be received
= $8,250 
1% = $82.50
Amount of cash paid on Aug 16 = $8,250 - $82.50 = $8,167.50
