Answer:
$35.53 per machine-hour
Explanation:
Estimated machine-hours 39,700 hours
Estimated variable manufacturing overhead $6.32
Estimated total fixed manufacturing overhead $1,159,637
Actual machine-hours for the year 37,500 hours
Predetermined overhead = Estimated total fixed manufacturing overhead / Estimated machine-hours
Predetermined overhead = ($1,159,637 / 39,700 hours) + $6.32
Predetermined overhead = $29.21 + $6.32 = $35.53 per hour
Answer:
The three C's are Collateral, Creditworthiness, Capacity
Explanation:
The underwriters take a risk to loan you for the mortgage for this purpose they need to verify your paperwork so as to determine your eligibility to get a mortgage, which is based on;
- Creditworthiness: It is your credit score and your account and payment history. It also includes your previous loans and purchases.
- Capacity: It is a check on your ability to repay the loan. It is basically a debt-to-income ratio. The lender goes through your salary, income, expenditure and debts to confirm that you can actually repay the loan.
- Collateral: Literally it means an asset of the borrower kept by the lender as a security of safe return of the loan. in case of house mortgage collateral is mostly 20% down payment of the mortgage being received. If the borrower fails to repay the loan the lender seizes collateral to recover the loss.
Answer: Trade creation
Explanation:
Trade creation is the increase in economic welfare which occurs when a country joins a free trade area, like the customs union. Trade creation will happen when the ltariff barriers has been reduced which leads to lower prices.
Trade creation leads to lower cost on producers which will lead to a rise in economic welfare and consumer surplus. Trade creation also leads to expansion of trade.
Answer:
The correct answer is letter "C": life is the total cost divided by the total annual depreciation.
Explanation:
The composite depreciation method uses the straight-line depreciation to rate and average the loss of value in given assets. It divides the useful life figure by the total depreciable cost to arrive at the total depreciation per year. It is helpful to determine the depreciation in a complete class of assets.
True Some no activist believe in a predetermined money growth rate