Answer:
$34.12
Explanation:
Fixed Overhead Rate = Estimated total fixed manufacturing overhead ÷ estimated the labor-hours for the upcoming year
= $1,760,220 ÷ 66,000
= $26.67 per labor-hour
Predetermined Overhead Rate:
= Variable Overhead Rate + Fixed Overhead Rate
= $7.45 per labor-hour + $26.67 per labor-hour
= $34.12
Answer:
a.$20 per keyboard
Explanation:
The computation of the variable cost per computer keyboard is shown below:
= Direct material per unit + Direct labor per unit + Variable overhead per unit
= $10 per unit + $6 per unit + $4 per unit
= $20 per keyboard
Basically, we added the Direct material per unit, Direct labor per unit, and the Variable overhead per unit so that the variable cost per computer keyboard could come
Answer:
Circular flow diagram
Explanation:
Property, manpower, capital in exchange rates, centered on the spherical flow diagram. Event 1 happens in the commodity market since mojito cocktail is purchased by Susan, mojito cocktail is a successful, not a development factor in the market for products and services.
The term by which individuals and businesses choose between the different use of available resources is called <u>allocating </u>and it is due to the concept of <u>scarcity</u>.
<h3>
What is Scarcity?</h3>
According to economics, Scarcity signifies that the demand for a product or service exceeds the supply of that product or service.
It is the underlying truth of existence that there is only a finite number of human and nonhuman resources for each economic product.
Therefore, Individuals and business corporations must choose between several uses for the available resources they have from the idea of <u>allocating </u>resources and due to the concept of <u>scarcity.</u>
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Learn more about scarcity here:
brainly.com/question/1088553
Answer:
<em>The Schwinn exercise machine is most likely in the</em> <u>introduction</u><em> stage of the product life cycle.</em>
Explanation:
The life cycle of a product is characterized by the phases:
1- introduction,
2- growth,
3- maturity
4- decline.
The first step is the introduction, which characterizes the product's insertion in the market, and includes business efforts to make consumers aware of the product. This phase has as its main characteristics the <u>low volume of production and sales.</u>