Answer:
Total cost assigned to Job XY5:
Direct material cost 4,000
Direct labour cost (50 hrs x $15 x 50 units) 37,500
Overhead applied (50 hrs x $4 x 50 units) 10,000
Total cost of the job 51,500
Overhead absorption rate
= <u>Budgeted overhead</u>
Budgeted direct labour hours
=<u> $80,000</u>
20,000 hrs
= $4 per direct labour hour
Explanation:
The total cost of the job is the aggregate of direct material cost, direct labour cost and overhead. Overhead is absorbed based on direct labour hours. We need to calculate overhead absorption rate by dividing the budgeted overhead by budgeted direct labour hours. The overhead absorption rate is used to multiply the direct labour hours of the job in order to obtain the overhead applied to the job.
Answer:
F = 0.312 N
Explanation:
Given,
Current, I = 2 A
Length of the equal side = 15 cm = 0.15 m
Magnetic field, B = 0.7 T
Magnetic filed is parallel to hypotenuse
θ = 135°
Force on the first side of the triangle
Force on the another side
Resultant magnetic Force
F = 0.312 N
Answer:
C. an implied contract
Explanation:
Based on the scenario being described it can be said that the chief issue is most likely to be whether these parties had an implied contract. This type of contract refers to when two parties have an agreement but there is no written contract existing regarding this agreement, instead the law enforces the contract and makes sure that the details are fair to both parties.
Answer:
Option (c) $7,672
Explanation:
Data provided in the question:
Investment amount i.e principle = $9,875
Interest rate,r = 4.8%
Time, t = 12 years
Now,
Future value = Principle ×
n = number of times compounded per year
Future value =
Future value =
Future value =
Future value = $17,546.55
Also,
Future value = Principle + Interest
Therefore,
$17,546.55 = $9,875 + Interest
or
Interest = $17,546.55 - $9,875
= 7671.55 ≈ $7,672
Hence,
Option (c) $7,672
Answer:
Benchmarking.
Explanation:
Benchmarking refers to a process that continuously identifies, understands, and adapts outstanding processes found inside and outside an organization. Well-run organizations compare not only against competitors (where possible) but against best-in-class organizations as well.
This ultimately implies that, benchmarks are used to measure a firm's products, services, or processes performance in comparison with another business firm that are considered or assumed to be the best in that industry.
<em>Hence, many business firms use benchmarking as a tool to identify and explore opportunities lying within them (internal opportunities). </em>
