Answer:
Overhead rate is $30.4
So option (c) is correct option
Explanation:
We have given total estimated overhead = $85120
Estimated direct labor hours = 2800
Actual manufacturing overhead for the year = $86870
Actual labor hour = 2700
We have to find overhead rate for the year
Overhead rate is equal to the ratio of estimated overhead to estimated labor hour
Therefore overhead rate 
$
So option (c) is correct
4018.82977215 and rounded is 4018.83
The first state to make July fourth an official holiday is Massachusetts.
<h3>What is the significance of July fourth?</h3>
The yearly celebration of nationhood in the United States is known as Independence Day is mainly known as July 4th. It celebrates the Continental Congress's adoption of the Declaration on July 4, 1776.
The American activist Douglass opposed the celebration as the rights of African American slaves were denied. This celebration is hypocritical and unfair according to him because it ignores a group of individuals.
He believes that as a result, Americans should be saddened, as the day serves as a reminder to all of them of the violence done against African Americans.
Learn more about July fourth, here:
brainly.com/question/11430576
#SPJ1
Answer:
Market orientation
Explanation:
Market orientation is defined as a philosophy that focuses on identifying consumer needs and implementimg strategies to meet them. A company like Apple designs and produces goods that will satisfy consumer needs.
Market orientation consists of decision-making, market intelligence, culturally based behaviour, strategy, and customer orientation.
Apple conducts in-depth marketing research to determine what customers want. Its electronic devices are constantly upgraded so customers can purchase the newest models.
They are a company focused on market orientation.
Answer:
b)less than $500,000 today, but a positive amount.
Explanation:
By the virtue of the concepts of compounding and discounting, we understand that $1 today is worth more that $1 in the future.
Where Pv = Present value
Fv = Future value
r = discount rate
t = time
Fv = Pv ( 1 + r)^t
As such If a firm can earn a profit stream of $50,000 per year for 10 years, that profit stream is worth less than $500,000 today, but a positive amount.
