Answer:
C. $ 13.31 per machine hour.
Explanation:
Standard variable manufacturing overhead allocation rate is calculated by dividing the Budgeted overhead by the Budgeted level of activity on which the overhead is allocated. It is a rate at which the overhead is allocated to a product / project/ department.
First we need to calculate the standard variable manufacturing overhead allocation rate using machine hours.
Standard variable manufacturing overhead allocation rate = Budgeted overheads / budgeted Machine hours
Standard variable manufacturing overhead allocation rate = $5,325 / 400 machine hours
Standard variable manufacturing overhead allocation rate = $13.3125 per machine hour
Standard variable manufacturing overhead allocation rate = $13.31 per machine hour
<h2>Answer</h2>
Option 2 - Provided by the government in market economies.
<u>Explanation</u>
The facilities or services provided by the government in the economy are for the satisfaction of the citizens as they start to live an easier life without difficulties and carry out their lives in an easier way. In economy, things are included like infrastructure, education, and security, etc, which provide enough services for the people that make their lives convenient to an extent where they can do things of their own choice without worrying or having any difficulty.
Answer:
The correct answer is false.
Explanation:
The dot product or dot product of two vectors is a real number that results from multiplying the product of their modules by the cosine of the angle they form.
This was not really a question
The correct option is C: VARIABLE AND FIXED COST.
In production, total cost refers to the summation of the variable cost and the fixed costs that are expended in the course of production process. These two cost needs to be added in order to determine the total amount of money that was spent on the production of each product. This will help the producer to put appropriate price on his product. The price of the product is usually the summation of total cost and a specific profit margin which the producer chooses.