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Ilia_Sergeevich [38]
3 years ago
11

The management of Blue Ocean Company estimates that 50,000 machine-hours will be required to support the production planned for

the year. It also estimates $300,000 of total fixed manufacturing overhead cost for the coming year and $4 of variable manufacturing overhead cost per machine-hour. What is the predetermined overhead rate? $10.00 per machine-hour $12.50 per machine-hour $8.00 per machine-hour $6.00 per machine-hour
Business
1 answer:
zhuklara [117]3 years ago
8 0

Answer:

$6.00 per machine-hour

Explanation:

Total estimated manufacturing overhead = $300,000

Estimated machine hours = 50,000 hours

Predetermined overhead rate = Total estimated manufacturing overhead /  Estimated machine hours

Predetermined overhead rate = $300,000 / 50,000 machine hours

Predetermined overhead rate = $6 per machine hour

So, The correct asnwer is $6.00 per machine-hour.

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If a potential Latin American customer insists on giving you a tour of the architectural highlights of his city prior to discuss
timama [110]

Answer: The answer is HIGH CONTEXT Culture.

Explanation: High context culture refers to an implicit communication and nonverbal clues. It is a situation whereby a lot of unspoken communication is implicitly transferred during a communication.

In a high context culture, communication that has underlying context and meaning in the message is used. It goes beyond the spoken words but relies on the tone of the message.

A tour round a potential customers high class environment gives a clue of a high context culture as the customer is not verbal stating he is wealthy but implying it non verbally.

5 0
3 years ago
Central City needs to have an income of $3,560,000. The total property is valued for taxation at $92,000,000.What is the tax rat
asambeis [7]

Answer:

3.87%

Explanation:

Data provided in the question:

Income needed by the central city = $3,560,000

Total Value of the property for the taxation = $92,000,000

Now,

The income needed by  the central city = Tax collected

or

The income needed by  the central city = Total Value of the property for the taxation × Tax rate

or

$3,560,000 = $92,000,000 × Tax rate

or

Tax rate = $3,560,000 ÷ $92,000,000

or

Tax rate = 0.0387

or

Tax rate = 0.0387 × 100%

= 3.87%

5 0
3 years ago
What are 2 different payments relating to insurance that are used for almost all kinds of insurance?
algol [13]

Answer:

family insurance and life insurance

4 0
3 years ago
Between 2015 and 2016, the country of West Fredonia experienced a growth rate of -2.6%. If nominal GDP had increased by 3.5% and
Nastasia [14]

Answer:

5.5%

Explanation:

Nominal GDP = 3.5%

Economic growth rate = -2.6 %

population growth = 0.6%

To calculate the annual inflation rate :

Economic growth rate = Nominal GDP - %change in price - population growth

-2.6 = 3.5 - %change in price - 0.6  

Therefore the %change in price ( inflation rate ):

inflation rate = 3.5 + 2.6 - 0.6

                      = 3.5 + 2

                       = 5.5%

The inflation rate of a country measures the relative increase increase in the price of commodities without a relative increase in purchasing power

8 0
3 years ago
Suppose that the typical consumer basket consisted of 3 units of pork and 4 units of corn. In 2015, price of pork was $20 and pr
SVEN [57.7K]

Answer:

136.11

Explanation:

Consumer price index = price of basket current year/ price of basket base year x 100

For 2015( 3units pork x $20 + 4 units corn x $12) = $108

For 2016( 3units pork x $25 + 4 units corn x $18) = $147

CPI = $147/$108 x 100

= 136.11

8 0
3 years ago
Read 2 more answers
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