Answer:
Predetermined overhead rate=$19.5/machine hour
The company applied $877500 to the units produced.
Explanation:
a) Pre-determined overhead rate= <u>Budgeted overhead manufacturing cost</u>
Estimated number of machine hours
=975000/50000=$19.5/machine hour.
b)Applied overhead = Pre-determined overhead rate * Actual machine hours
= 19.5 * 45000
=$877500.
c.
In traditional costing we use as base for calculating overhead rate is machine hours or labor hours but in activity based costing we identify activity that consume resources,identify cost driver of each activity,compute cost rate per cost driver unit and finally assign cost to products by multiplying cost driver rate.
Predetermined overhead rate= estimated overhead/Estimated base (cost driver).
Answer:
using this information can result in time and cost savings
Explanation:
The answer is medium. In the communication process, a medium is a channel or system of communication. The means by which information or the message is transmitted between speakers or writer which is the sender and an audience which is the receiver. In addition, the communication media denotes to the means of transporting and receiving data or information. In telecommunication, these means are conduction and channels for data storage and conduction.
Answer:
.a. import sweaters from Britain and export machinery to Britain.
Explanation:
A lower opportunity cost of manufacturing a particular goods means that a country uses fewer inputs in production compared to other nations. The country can produce more quantities of the product using similar factors of production. A lower opportunity cost in manufacturing will make a country's output cheaper compared to when that product is manufactured in other nations.
Varying production costs form the basis of international trade. A County imports commodities that are produced cheaply elsewhere and exports the goods it can manufacture at a lower cost. The united states can produce machinery at a lower cost than Britain. Britain will be prudent to import machinery from the united states rather than produce. Britain produces sweaters using fewer inputs that the US. The US will find importing sweaters from Britain more economical compared to manufacturing.
Honesty
Loyalty
Cooperation
<span>responssibility
</span><span> ability to get along with others</span>