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Orlov [11]
3 years ago
9

The difference between the maximum amount that a consumer is willing to pay for a product and the price that is paid for the pro

duct is known as
Business
1 answer:
sergey [27]3 years ago
7 0
  Quality and Demand.
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American Fabrics has budgeted overhead costs of $990,000. It has allocated overhead on a plantwide basis to its two products (wo
a_sh-v [17]

Answer:

Results are below.

Explanation:

<u>To calculate the activities rates, we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Cutting= 360,000 / 200,000= $1.8 per machine hour

Design= 630,000 / 1,500= $420 per setup

<u>Now, we need to determine the predetermined overhead rate for the whole company based on direct labor hours:</u>

Predetermined manufacturing overhead rate= 990,000 / 450,000

Predetermined manufacturing overhead rate= $2.2 per direct labor hour

8 0
3 years ago
Which trade bloc was created to encourage free trade and economiccooperation between Canada, Mexico, and the United States?
Vsevolod [243]

Answer:

B. NAFTA

Explanation:

North American Free Trade Agreement (NAFTA) is a regional agreement between the Government of Canada, the Government of the United Mexican States, and the Government of the United States of America that created a free trade zone.

NAFTA administers the mechanisms stipulated in the Treaty to resolve commercial disputes between national industries or the governments of the party countries in a timely and impartial manner.

8 0
3 years ago
Read 2 more answers
Valley Spa purchased $11,700 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 14% promissory note for $11,700.
Charra [1.4K]

Answer:

Given that,

Value of promissory note = $11,700

Time period = 60 days

Interest rate = 14%

Interest revenue:

= Note value × Interest rate × Time period

= $11,700 × 0.14 × (60/360)

= $273

Therefore, the journal entry is as follows:

Accounts receivable A/c Dr. $11,973

          To Interest revenue                  $273

          To Notes receivable                 $11,700

(To record the dishonored note)

6 0
3 years ago
People tend to Question content area bottom Part 1 A. look at the entire situation when analyzing an individual security. B. be
lubasha [3.4K]

People tend to Question content area bottom Part (D) ignore information that contradicts their current beliefs.

  • I contend that confirmation bias is crucial because it enables people to hold onto their social ideas (such as characteristic attributions) even when the data doesn't yet support them.
  • The psychology term "confirmation bias" describes the propensity of people to exclusively look for evidence that validates their own beliefs.
  • As a result, you become biased in favor of your initial viewpoint because you will only ever find evidence to support your original viewpoint if you only look for it.

<h3>What are the 3 types of bias?</h3>
  • Information bias, selection bias, and confounding are the three categories of bias that can be distinguished.
  • Various examples are used to discuss these three different types of prejudice as well as possible solutions.

Learn more about confirmation bias

brainly.com/question/13044778

#SPJ4

3 0
2 years ago
OSHA Part 1926 Subpart K covers the safety and health regulations for which of the following?
olganol [36]

Answer:

the answer is electrical work

Explanation:

um I just looked it up to be honest

4 0
3 years ago
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