What is meant by centralised direction?

1 answer:

4 0

Centralized direction explain why we often overestimate how well we can predict future actions of others. The fallacy of centralized direction suggests that when we evaluate actions of others, we often see a centralized direction where it doesn't exist. Hope this answers the question.

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As a social entrepreneur, Mr. Mycoskie takes the concept of corporate social initiative to a new level.

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Answer:

Over applied Overhead =$ 42,500

Explanation:

Actual Overhead $325,000

Estimated Overhead $350,000

Over applied overhead is when the Predetermined overhead is more than the actual overhead . Under applied overhead is when the Predetermined overhead is less than the actual overhead .

Predetermined Overhead rate= Overhead / total direct labor hours

= 350,000/ 500,000 (100)= 70%

Applied Overhead = Predetermined Overhead rate( actual direct labor hours)

= 70 % (525,000) = $367,500

Applied Overhead $367,500

Less Actual Overhead $325,000

Over applied Overhead =$ 42,500

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Answer:

Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. ... Any resource that has a non-zero cost to consume is scarce to some degree, but what matters in practice is relative scarcity

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Explanation:

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The correct answer out of the choices is A I believe

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