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tankabanditka [31]
1 year ago
9

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

Business
1 answer:
Vika [28.1K]1 year ago
3 0

It is a true statement that one of use of a predetermined overhead rate is to eliminate the effect of seasonal factors.

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

It is also known as a plant-wide overhead rate. It refers to the calculation that is used to determine how much of the total manufacturing overhead cost will be attributed to each unit of product manufactured. This overhead rate is determined by dividing the fixed overhead cost by the estimated number of direct labor hours.

In conclusion, it is a true statement that one of use of a predetermined overhead rate is to eliminate the effect of seasonal factors as it accounts and plans against such seasonal risk.

Read more about predetermined overhead rate

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On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative
Fed [463]

Answer:

0.65 per share

Explanation:

Calculate weighted average share

Date       Weighted average share

Jan 1 200*1.05*2/12 35

Mar 1 (200-24)*1.05*4/12 61.6

July 1 184.80*3/12 46.2

Oct 1 188.80*3/12 47.2

Total  190

Earning per share = (150-27)/190 = 0.65 per share

4 0
3 years ago
Rise in demand is equal to rise in supply
Anit [1.1K]

Answer:

if there equal it becomes shift in the demand and supply curve

Explanation:

3 0
4 years ago
What are some of the drawbacks from 2007 to 2009 you have encountered in your research for this discussion, why companies showed
Firdavs [7]

Answer:

Officially, the Great Recession lasted between December 2007 and June 2009, but it certainly seemed longer.

The economy crushed property and stock markets, destroyed $18.9 trillion of household wealth and destroyed over eight million jobs.

Explanation:

In December 2007, the Great Recession came to an end in June 2009, making the Great Recession the longest since World War II. The Great Recession was extremely extreme in a number of ways. Actual GDP decreased by 4.3% in 2009Q2, the biggest decline in the post-war era (based on the data of October 2013), as from its peak in 2007 Qu4. The figure was 4.3%. In December 2007, the unemployment rate was 5%, rising to 9.5% in June 2009 and a high of 10% in October 2009.

Simultaneously, the financial consequences of the Great Recession had outsized: the average home prices decreased by about 30 percent from the middle of 2006 to mid-2009, while the S&P 500 index decreased by 57 percent from its high in October 2007. Net values for US households and non-profit organizations dropped to $55 trillion in 2009, from a high of approximately $69 trillion in 2007.

7 0
3 years ago
During the current year, Robert pays the following amounts associated with his own residence:
aev [14]

Answer:Deductibles. Non Deductibles.

Property tax 4500 Repairs 1200

Mortgage Int 8000. Utilities 2700

Explanation:Deductibles are statutory bills and must at all cost be paid while Non Deductibles are self servicing bills and are not compulsory bills.You can choose not to repair your gadget's or automobile but you cannot ignore forfeit paying your taxes and government bills.

7 0
4 years ago
he quantity of U.S. bonds foreigners want to buy is taken into account a. in the U.S. supply of loanable funds and the supply of
Ksivusya [100]

Answer: c. in the U.S. demand for loanable funds and the supply of dollars in the market for foreign-currency exchange.

Explanation:

Bonds are a type of loanable funds which are issued to gain access to cash for certain activities. Both countries and companies do this. When the U.S. government issues bonds, they do so taking into account the amount of funds they would need to fund what it is they want to funds.

They also do so taking into account, the amount of dollars needed by in the foreign-currency exchange market so that they can pump enough dollars into the world economy.

5 0
3 years ago
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