<span>According to Ogburn, inventions can include both material technological artifacts which change what sorts of things that can be done and the sets of customs, rules, and conventions that allow those material inventions to be of use to members of society. For example, there were various material technological inventions which made the automobile possible (the internal combustion engine, vulcanized rubber, the universal joint), but in order for the automobile to become integrated into society a number of non-material inventions were also necessary such as road networks, agreed upon rules of the road, licensing regimes, and so on.</span>
evader, (ignoring the decision)
Answer:
The correct answer is letter "A": the accounts receivable turnover.
Explanation:
The liquidity of an asset reflects the ease with which it can be transformed into cash. The Receivables Turnover Ratio is an accounting measure used to quantify the effectiveness of the firm in both extending credits and collecting debt out of the company's sales. The Receivables Turnover Ratio is calculated by <em>dividing the net sales by the average accounts receivable</em>.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Activity Cost Pool Activity Measure Total Cost Total Activity
Machining Machine-hours $330,000 15,000 MHs
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
<u>Machinning:</u>
Predetermined manufacturing overhead rate= 330,000 / 15,000
Predetermined manufacturing overhead rate= $22 per machine-hour
<u>Machine setups:</u>
Number of setups $50,000 100 setups
Predetermined manufacturing overhead rate= 50,000/100
Predetermined manufacturing overhead rate= $500 per set-up