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vredina [299]
4 years ago
7

MNO Corporation uses a job-order costing system with a pre-determined overhead rate based on direct labor-hours. The company bas

ed its pre-determined overhead rate for the current year on the following data: "The pre-determined overhead rate is closest to:_______.A. $8.80 per direct labor-hour.B. $2.00 per direct labor-hour.C. $3.40 per direct labor-hour.D. $5.40 per direct labor-hour.
Business
1 answer:
kow [346]4 years ago
4 0

Answer:

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

Explanation:

Giving the following information:

MNO Corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours.

<u>We don't have the data necessary to calculate the estimated manufacturing overhead rate, but we can provide the formula and an example</u>:

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

For example:

Estimated overhead= 150,000

Estimated direct labor hours= 12,000 hours

Estimated manufacturing overhead rate= 150,000/12,000= $12.5 per direct labor hour.

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If the aggregate supply curve is flat:_________
Alenkinab [10]

Answer:

b. expansionary fiscal or monetary policy will add significantly to real GDP will little effect on inflation.

Explanation:

The Keynesian aggregate supply curve is mostly horizontal (flat) because a decline in aggregate demand will always result in a decline in aggregate production (supply). In other words, during a recession, companies are willing to supply (produce and sell) all the products and services that their consumers demand at a given price. Even if the price does not change, if aggregate demand decreases, aggregate supply will also decrease.  

That is why Keynesian economists argue that governments must intervene during economic recessions.

3 0
4 years ago
One effect of a minimum wage in the market for low-skilled labor is a a. surplus of low-skilled labor.
fgiga [73]

Answer:

a a. surplus of low-skilled labor.

Explanation:

Minimum wage is a form of price floor. A price floor is the minimum price that a good or service can be bought.

Price floors (minimum wage ) is usually set above equilibrium price. This increases the supply of labour but decreases the demand for Labour. As a result , there would be a surplus of low skilled labour.

I hope my answer helps you

6 0
3 years ago
Which of the following is NOT an advantage of paying bills online?
MrRissso [65]

Answer: you will only receive a record of your payment if you pay bills online

Explanation:

3 0
3 years ago
Matthew buys a vehicle that is under a three-year, 36,000-mile factory warranty from Kim after she has owned it for two years an
Komok [63]

Answer:

He has no more right on the warranty.

Explanation:

Auto warranty is a promise made by the manufacturer to be responsible for certain faults and repairs over a given period of time . This period of warranty could also be specified through the mileage covered by the car . The expiration of the warranty is decided based on any of the set milestones, either in years / mileage that is first achieved.

In Mathew's case , Kim has already exhausted the warranty on the car as she has exceeded the 36,000 mile covered by warranty in a space of two years. You need to know that warranty expires the moment any of the set milestone is achieved.

7 0
3 years ago
The law recognizes each​ person's right to live his or her life without being subjected to unwarranted and undesired publicity.
Margarita [4]

Answer:

Privacy

Explanation:

The law gives right to every person to their own privacy i.e. for one to live without being subjected to unwarranted and undesired publicity. The right to privacy actively deals with issue surrounding the personal matters of an individual and the right for them to be let alone.

A violation of this right is called the tort of invasion of the right to privacy. The tort of invasion of the right to privacy occurs when an individual sues another person who he/she believes has trespassed on his right to privacy. This trespass might come in form of disclose of their private information, or using the person`s name and associated things for another person`s gain without their consent.

4 0
3 years ago
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