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SOVA2 [1]
3 years ago
9

The Thomlin Company forecasts that total overhead for the current year will be $11,571,000 with 196,000 total machine hours. Yea

r to date, the actual overhead is $7,833,000 and the actual machine hours are 87,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is
Business
1 answer:
Darya [45]3 years ago
4 0

Answer:

$59 per machine hour

Explanation:

Given that

Total overhead = $11,571,000

Total machine hours = 196,000

Actual overhead = $7,833,000

Actual machine hours = 87,000 hours

To get the overhead rate, please note that the formula for predetermined fixed overhead rate will be applied.

Therefore,

Predetermined fixed overhead rate = Estimated overhead / Estimated machine hours

Predetermined fixed overhead rate = $11,571,000 / 196,000 hour

= $59 per machine hour

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What is the correct term that describes the withdraw of protection or support or the discontinuance of medical care without prop
Murljashka [212]

Answer: Abandonment.

Explanation:

According to the Oxford's Learner's Dictionary; abandonment is defined as "<em>the act of leaving a person, thing or place with no intention of returning" </em>or "<em>the act of giving up an idea or stopping an activity with no intention of returning to it"</em>

In medicine the term changes slightly and occurs when the benefits of the protection or support that a patient recieved is taken away without proper notification after the patient has been accepted.

This can occur in a number of different ways;

  1. Doctor does not visit patient while the patient is at the hospital.
  2. Doctor refuses to treat a patient who was previously accepted without reason or motive.
  3. Failure to follow up with patient´s medical reports or health.
  4. Failure to assign a substitute when not available. (for example, a woman is giving birth and the doctor leaves the hospital without checking the patient or following up with their health status and doesn't deliver the patient's notes to the doctor who is working the other shift)

It is not considered abandonment when the doctor-patient relationship is legally terminated. This happens when the physician and the patient mutually agree to terminate the relationship.

8 0
4 years ago
Stocks have market prices, and they also have intrinsic values. If the market price is below the intrinsic value as estimated by
oee [108]

Answer:

True

Explanation:

If the price of a stock drops suddenly, there is more supply than demand. People want out - and they usually want out for a reason.

5 0
3 years ago
The willingness of citizens to pay for vaccinations does not include the benefit society receives from having vaccinated citizen
algol13

Answer:

Social Benefit / Positive Externality

Explanation:

Each economic transaction has benefits & costs to society.

Eg: Vaccinations purchase by patients-  benefits patients by preventing them from a disease for which they pays monetary cost to the doctor, which is latter's income benefit.

However, these both are patient's & doctor's private benefit & costs.

Externalities imply extra harm or benefit to other un-indulged parties, without any monetary exchange for that harm or benefit. Socially Beneficial are positive externalities, Socially harming are negative externalities.

Eg - In this case, vaccination is the positive externality : It has extra benefit for other people who are less probable to transmitting illness, without having paid for that prevention in any way.

But, Individual consumers (here patients) & producers (here doctors) decisions are based on their private benefit & cost. So, consumers' (here patients') willingness to pay will depend only on their private benefit of disease prevention & ignore the extra social benefit from the positive externality vaccination - as society less illness probability.

5 0
3 years ago
g "6. Financially, why would a company: (a) increase its dividend; (b) buy back some of its common stock shares; (c) pay down so
VikaD [51]

Answer:

(a) increase its dividend;

dividends are increased for two reasons:

  1. the company has excess cash and it doesn't have any possible investments on hand
  2. the board and upper management want to increase the stock price and higher dividends always result in higher stock prices, even if it is only in the short run.

(b) buy back some of its common stock shares;

  • the company has excess cash and the board and upper management believe that the stock price is too low.

(c) pay down some of its debt;

  • the company has excess cash and it considers that the cost of its debt is too high and it can get cheaper financing from other sources if needed.

(d) increase its use of internal financing;

  • the board and upper management considers that the company needs to invest in new or existing projects and they consider that the financing costs are too high. Also, on the long run if things work well, the stock price should increase.

(e) take the public firm private

  • the company has excess cash and the board and upper management believe that the stock price is too low. It is similar to (b) only on an extreme situation.

5 0
3 years ago
When an employee works in year 1 but is paid in year 2, the company must recognize an expense in years) ______.
Ivanshal [37]

When an employee works in year 1 but is paid in year 2, the company must recognize an expense in years 1 only.

An expense is the monetary value of tasks that an organization causes to create income. As the well-known saying goes, "it costs cash to bring in cash.

Normal expenses incorporate installments to providers, worker compensation, manufacturing plant leases, and hardware devaluation.

Organizations are permitted to discount charge deductible costs on their annual government forms to bring down their available pay and hence their assessment obligation.

To learn more about Expenses.

brainly.com/question/24803457

#SPJ4

4 0
1 year ago
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