Any word, name, symbol, or device; any combination thereof adopted and used by a manufacturer or merchant to identify his goods and distinguish them from those manufactured or sold by others
The correct answer is B. Reduce interest rates
Explanation:
The GDP or gross domestic product is measured based on the amount of money products and services produced by a country cost. This concept is related to the amount of money people in a country spend on goods and services. Additionally, one of the ways to increase the GDP by motivating people to spend more money is if interest rates are reduced because if the interest rate is low (money people need to pay for a loan) consumers are more likely to request loans and use the money of these on goods and services. This increases the amount of services and goods and therefore has a positive impact on the GDP.
Answer:
When a company is using conventional costing methods, the costs are allocated based on volume so those products with a high volume will get a higher share of the costs.
When Activity-based costing is used however, costs are assigned more accurately which will lead to the actual products that are causing the costs incurring them instead of those high-volume products so it will appear as though overhead costs have shifted from high-volume products to low-volume products.
Answer:
$85 per machine hour
Explanation:
Actual Budgeted
Fixed costs $50,000 $47,960
Machine hours – Assembly 1,900 1,976
Variable costs – Assembly $121,000 $120,000
since the single rate method does not distinguish between fixed or variable costs, in order to determine the cost allocation rate we must add the fixed allocation rate and the variable allocation rate:
- variable allocation rate = $120,000 / 1976 machine hours = $60.73
- fixed allocation rate = $47,960 / 1976 = $24.27
total = $60.73 + $24.27 = $85 per machine hour
Answer:
The number of mugs Fiwrt should plan on producing during the month of November is 35400 units of mugs.
Explanation:
Production unit (november) = Sale unit + Desired ending inventory-Beginning inventory
= 36000 + (34000*30%) - (36000*30%)
= 35400 Units
Therefore, The number of mugs Fiwrt should plan on producing during the month of November is 35400 units of mugs.
